MycoTechnology, the developer of a mushroom-based vegan protein, secured the capital in a round co-led by Bunge that included Kellogg and Continental Grain.
Month: September 2017
StoreDot eyes Daimler in $60m round
Daimler Trucks has led StoreDot’s latest funding round, which included Samsung Ventures, as part of a strategic partnership agreement.
KeyMe cracks series D for $25m
The digital locksmith has now raised more than $100m since 2012, after closing a Comcast Ventures-led round that included fellow returning investors including 7-Eleven.
AppGuard applies itself to $30m series B
The endpoint cybersecurity software developer has raised cash in a JTB-led round that comes shortly after its parent company raised more than $65m from Japanese corporates.
SoftBank slips into Slack with $250m round
SoftBank Vision Fund has led a $250m round also backed by Accel that valued the enterprise communication platform at $5.1bn.
Big Deal: Nestlé bags Blue Bottle
When GV, the corporate venturing unit then known as Google Ventures, took part in upscale coffee brand Blue Bottle Coffee’s $20m series A round in 2012, it was seen by many as a vanity investment, but five years on, after the acquisition of a 68% stake by Nestlé, the deal looks a shrewd bet indeed.… Continue reading Big Deal: Nestlé bags Blue Bottle
Editorial: Update on GCV Rising Stars shows promotions and changes
For potential nominations to the 2018 GCV Rising Stars list, please contact me at jmawson@mawsonia.com
Karen Zhang finds General Atlantic
Zhang joined Baidu, where she held a executive director for investment role, in 2015, and will now oversee Chinese internet and technology deals at General Atlantic.
Allen joins Amazon from Mastercard
Jeff Allen went to payment services provider Mastercard, where he was vice-president for strategic investments, in 2009 from investment bank Sagent Advisors.
FirstMinute Capital finds Tencent for $85m second close
FirstMinute Capital, a fund launched by Lastminute.com founder Brent Hoberman, has added $25m from backers including corporates Tencent and Nan Fung Group.
Corporate venturing deal net: 11-15 September 2017
Guru, a US-based developer of automated coaching software for sales teams, has raised $9.3m in a series A round led by venture capital firm Emergence Capital that included FirstMark Capital and MSD Capital, the former having invested $1m in Guru in June 2016. Enterprise software producer Salesforce invested in Guru as part of a $2.7m… Continue reading Corporate venturing deal net: 11-15 September 2017
China Lodging rests $10m at Oyo
The hotel chain has formed a strategic partnership with South Asian budget room booking platform Oyo that will involve it investing $10m in the company.
Apttus accepts $55m in series E
Salesforce Ventures, an investor in Apttus since its 2013 series A round, once again took part in the cloud sales software provider’s latest round, boosting its total funding to $329m.
GV falls for Fauna in $25m series A
Alphabet’s GV, unit has participated in a series A round for Fauna, a US big data platform developer founded by ex-Twitter employees in 2012.