Less than two weeks after Swiggy secured $50m from Flipkart, SoftBank is in talks with the food delivery service for a commitment of $200m to $250m.
Month: November 2017
SenseTime clocks $227m investment
Alibaba has injected $227m into SenseTime at a $3bn valuation, following an investment of undisclosed size by Qualcomm earlier this month.
Optum aces $250m fund
Optum Ventures will invest in early-stage startups that focus on delivering better healthcare.
Nio Capital to charge $500m fund
The investment firm, co-founded by electric vehicle manufacturer Nio, is looking to raise $500m for a fund that would focus on the automotive industry.
Tencent joins Uber secondary transaction
SoftBank and Dragoneer have been joined by Tencent, Sequoia Capital and TPG as investors hoping to purchase shares in a secondary transaction.
Qool heats up with $8m series A-1
The biotechnology developer was backed by Zhongji Holdings in the round and will use the capital to complete product development on its temperature management device.
Here maps out purchase of ATS
Wistron is set to exit Advanced Telematic Systems as mapping company Here has agreed to acquire it for an undisclosed sum.
Editorial: Balance and diversity emerge in venture
Who doesn’t want to be on the right side of history?
Unilever agrees fund after Sundial purchase
Unilever, an Anglo-Dutch listed consumer goods company, has acquired US-based hair and skincare products maker Sundial Brands and agreed to set up a $50m corporate venturing fund for women entrepreneurs of colour. The New Voices Fund is targeting a final size of $100m to include external limited partners. Bain Capital, a private equity firm that… Continue reading Unilever agrees fund after Sundial purchase
Sargent marches on to Generation
Jeannine Sargent, president of innovation and new ventures at Flex, a US-based logistics services company, has this month become a senior adviser at fund manager Generation Investment Management. Sargent had spent nearly six years at Flex, “responsible for worldwide innovation activities including Innovation labs, global design and engineering, launching new product businesses, the Lab IX… Continue reading Sargent marches on to Generation
Holtzman leaves AARP for Longevity
In 2015, AARP and bank JP Morgan set up the AARP Innovation Fund to target startups developing technologies and services for customers aged 50 and above.
Lam joins with Parsons to set up Imagination
Lam, a GCV Powerlist 2016 winner, founded the Time Warner Investments group in 2003 and invested more than $325m in 54 companies before leaving earlier this year.
Vancura leaves RBVC to join Imec
Cyril Vančura (pictured), investment principal at Robert Bosch Venture Capital (RBVC), the corporate venturing unit of the eponymous Germany-based industrial goods company, has left to join IMEC, a Belgium-based micro and nano-electronic research centre. Imec had a first close at €60m for the fund, Imec.xpand, earlier this year, Vančura said, and was targeting up to… Continue reading Vancura leaves RBVC to join Imec
Navdy heads for liquidation
Qualcomm and Harman-backed Navdy has contacted potential creditors as part of a bankruptcy process known as General Assignment for the Benefit of Creditors.