Comcast Ventures, which backed office management services marketplace Eden at seed stage, has returned for a series A round that will support growth and hiring.
Month: October 2017
Corporates go to Reno for series C round
Samsung Ventures led a $11.2m round for the nanoscale manufacturing technology developer that included Intel Capital, Hitachi High-Technologies, MKS, Lam Research and SK Hynix.
KSQ comes out with $76m
Alexandria Real Estate Equities has contributed to a $76m round for KSQ, which is developing genomics-focused oncology and immunology drugs.
Exicure extracts $20m
AbbVie Ventures has participated in a $20m round that will support nanotechnology drug developer Exicure’s reverse merger with a shell company.
Yitiao screens investors for $40m series C
The SIG-backed lifestyle media and e-commerce brand has raised $40m in a round co-led by China Broadband Capital and Ocean Link.
MariaDB prepares to index $27m in investment
Alibaba is set to lead a funding round in database technology developer MariaDB, whose existing shareholders include Intel Capital.
Investors hand series B funding to Glovo
Glovo has raised series B capital from a consortium that included Rakuten, enabling the delivery network operator to bolster its international expansion efforts.
SoftBank targets $300bn in asset management activities
The corporate, which plans to close its Vision Fund at $100bn by the end of 2017, is reportedly considering forming a $300bn unit that will incorporate the fund.
Daimler picks up Flinc
Deutsche Bahn and General Motors were among the existing investors as Daimler paid an undisclosed amount to acquire ride sharing platform Flinc.
Grab hitches a ride on oBike
On-demand ride service Grab has been revealed to have been a contributor to the $45m in series B funding bicycle rental network oBike raised in August.
Domingo warms up with Spice ICO
Carlos Domingo, formerly chief new business and innovation officer for Du, left last month to co-found Spice Venture Capital, which is using an ICO to raise capital.
Khatri moves to investor at J&J
Ajay Khatri (pictured) has taken an investor role at Johnson and Johnson Innovation – JJDC, the corporate venturing subsidiary of US-based healthcare group Johnson & Johnson. Khatri had previously been a senior finance manager in Johnson & Johnson’s oncology business development team, having also been a senior finance manager for venture deals and analysis since… Continue reading Khatri moves to investor at J&J
Bodas bids goodbye to Amex to join Propel
Rohit Bodas has departed from his partner position at American Express Ventures and will take the same role at BBVA-backed VC firm Propel Venture Partners.
Dewost hardens on Vinci role
Dewost said: “With Leonard, Vinci is offering me a chance to contribute to the digital transformation of durable structures and move from bytes to concrete.