Osram has led a funding round for LeddarTech that also featured Delphi, Magneti Marelli and Integrated Device Technology.
Month: September 2017
Wuxi NextCode deciphers $240m series B
Wuxi NextCode has achieved a final close of its Amgen Ventures-backed series B round at $240m with additional commitments from investors including Temasek.
Analysis: NeoTract to be acquired for $1.1bn
Medical device producer NeoTract has agreed to be acquired by Teleflex for $1.1bn, giving an exit to Johnson & Johnson, a notable deal in a field where corporate commitments have been on the rise.
News round up 11 September 2017
A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.
Zipwhip dashes to $22.5m series C
Microsoft Ventures, the corporate venturing subsidiary of software company Microsoft, has participated in a $22.5m series C round for US-based business texting service Zipwhip, TechCrunch reported yesterday. The round was led by venture capital firm OpenView, while Voyager Capital also supplied funds. Zipwhip’s technology enables users to send text messages from any landline or other… Continue reading Zipwhip dashes to $22.5m series C
Truveris discovers $25m series D
Led by McKesson Ventures, the money will support accelerated company growth.
Aras powers up $40m round
GE Ventures has contributed to a funding round for Aras that was led by Silver Lake Kraftwerk.
Roobo installs $53.8m update
Roobo, a China-based consumer robotics technology developer backed by speech and language software provider iFlytek, has attracted RMB350m ($53.8m) in series B capital from Seven Seas Partners, China Money Network reported today. Seven Seas Partners was founded by Jeff Xiong, former chief technology officer of internet company Tencent. Xiong will become chairman of Roobo following… Continue reading Roobo installs $53.8m update
Turo gets in the $92m series D groove
US-based car sharing service Turo has raised $92m in a series D round co-led by car manufacturer Daimler and conglomerate SK Holdings, TechCrunch reported yesterday. The round also featured Liberty Mutual Strategic Ventures, the corporate venturing unit of insurance provider Liberty Mutual, Founders Circle Capital, and unnamed, existing investors. Following Daimler’s decision to invest, the… Continue reading Turo gets in the $92m series D groove
Snowflake lands on $105m series D
Capital One has joined a series D round for Snowflake Computing with a $5m commitment, bringing the round to a $105m close.
Oyo reserves $250m
SoftBank has led a $250m funding round in the hotel aggregation platform, which was previously said to be seeking up to $500m from investors.
Kioson markets initial public offering
Mitra Komunikasi Nusantara-backed Kioson is set to float on the Indonesia Stock Exchange, becoming the first startup in the country to complete an initial public offering.
Rhythm times $115m IPO
Pfizer and Ipsen-backed Rhythm Pharmaceuticals has filed for an initial public offering on Nasdaq.
Deere banks on Blue River with $305m
Blue River Technology, backed by Monsanto and Syngenta, will be acquired by John Deere for $305m in a transaction expected to close this month.