The patent advisory firm is exploring a model that would involve corporate partners such as Lenovo, AT&T and Rambus transferring patents to startups in return for equity.
Month: August 2017
SoftBank Vision Fund helps Roivant raise $1.1bn
Roivant Sciences, which is developing a range of drugs through various subsidiaries, has secured $1.1bn in a round led by the $93bn Vision Fund.
Kyndi kicks on with $8.5m series B
Citrix Systems was among the investors in the latest round for business planning technology provider Kyndi, a graduate of its Citrix Startup Accelerator in 2015.
Wickr wins more funding
The Juniper Networks, Wargaming and CME Group-backed secure messaging system developer has now raised about $82m in the five years since it was founded.
NED+AR Display sees investment from Lenovo
Lenovo Capital and Incubator Group has led an eight-figure renminbi round for Beijing NED+AR Display Technology, a developer of augmented reality optical modules.
Corporates detect New Horizon in $20m round
SoftBank China and Legend Capital both participated in a round that the gastrointestinal cancer diagnostics device developer will use to expand its R&D activities.
Didi Chuxing gets a taste of Careem
The ride hailing companies have formed a strategic partnership to share resources and expertise which will involve Didi Chuxing investing in Careem.
Future Mobility heralds $200m series B
The electric vehicle developer has not named the investors in its latest round but its existing shareholders include corporates Tencent and Foxconn.
SoftBank to funnel $1bn into Fanatics
SoftBank and its Vision Fund are reportedly set to combine for a $1bn investment in Fanatics that will value the sporting merchandise seller at $4.5bn.
Hustle gets $8m reward
Twilio and Salesforce have contributed to a Social Capital-led series A round closed nine months after the one-to-one messaging platform’s $3m seed round.
Wipro opens US innovation centre
IT services firm Wipro’s newly launched Silicon Valley Innovation Center will support the work of the company’s corporate venturing vehicle, Wipro Ventures.
Just Biotherapeutics China jumps to series B
Taikang Life Insurance and Lilly Ventures Asia have contributed to a $59.7m round for Hangzhou Just Biotherapeutics, a Chinese spinout of US-based Just Biotherapeutics.
iFlix tunes into $133m investment
Hearst has led a consortium of investors that included a range of existing shareholders such as Sky, Liberty Global, PLDT, Catcha and Evolution Media Capital.
URWork cultivates $178m round
Aikang Group, Beijing Capital Land and Star Group have participated in a pre-series C round for co-working space provider URWork.