September issue editorial from James Mawson, Editor in Chief, Global Corporate Venturing
Month: September 2017
Tech Bureau reports Infoteria-backed round
Infoteria and Jafco have combined to invest $14.6m in cryptocurrency technology developer Tech Bureau, reportedly bringing its overall funding to $24m.
Xmos extricates $15m in funding
The voice-control technology provider has closed a series E round led by strategic investor Infineon Technologies that included Robert Bosch Venture Capital.
Luxe takes the Volvo route for acquisition
Volvo has bought the assets of Luxe, the Hertz and Alphabet-backed on-demand parking service that had raised $75m and was reportedly valued at $140m 18 months ago.
Zilingo puts on $17m in series B
The online fashion marketplace has secured $17m in a round co-led by Burda Principal Investments that included existing backer Susquehanna International Group.
Satispay names price for series C
Financial services firms Iccrea, Banca Etica and Banca Sella have put their weight behind mobile payment service Satispay in a $21.5m series C round.
Corporates assist Linxo with $24m
France-based personal finance platform developer Linxo has raised €20m ($24m) in funding from insurance provider Maif and financial services firms Crédit Agricole and Crédit Mutuel Arkéa. Founded in 2010, Linxo has developed a platform that aggregates accounts from different banks and automatically categorises spending to provide an insight into a user’s cashflow and help facilitate… Continue reading Corporates assist Linxo with $24m
SendinBlue receives $36m in series A round
The digital marketing software producer’s only previous funding had been a $1.4m round four years ago that included e-mail marketing company Caloga.
Switch turns to public markets
Intel Capital-backed data centre producer Switch has filed to raise up to $100m in an initial public offering on the New York Stock Exchange.
Merck puts money into Antidote
Antidote Technologies, developer of a recruitment platform for clinical trials, has agreed an $11m round that will be led by Merck Global Health Innovation Fund.
Gridtential plugs into $11m series B
The advanced battery developer has completed a series B round that included strategic investments by East Penn, Crown Battery, Leoch International and Power-Sonic.
SoftBank takes a trip to Zoox
Zoox is in talks with SoftBank for an investment as part of a $1bn+ round that could value the autonomous car technology developer at up to $4bn.
Elastifile brings up $16m
The data storage technology provider took its overall funding to $65m with a Western Digital Capital-led round that included Dell Technologies Capital and Cisco Investments.
Talkspace enters $31m series C
Existing backer SoftBank has helped on-demand therapy service Talkspace close a $31m series C round that increased its total funding to $59m since 2014.