A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.
Month: December 2017
Salesforce calls into Voicera’s $5.5m meeting
In addition to securing funding, the company hired Ahmad Abdulkader as its chief technical officer.
GyanDhan gets funding from Sundaram Finance
Financial services provider Sundaram Finance has invested an undisclosed sum in educational loans marketplace GyanDhan.
Daily Harvest reaps series A cash
WME Ventures has contributed to a round for Daily Harvest, which ships frozen organic foods to customers free of preservatives or refined sugars.
Corvi finds its Hero to raise $10m
Hero Enterprise, a motorcycle production spinoff of Hero Group, has invested $10m in LED light maker Corvi.
Land O’Lakes to host dairy accelerator
The agricultural cooperative has formed an accelerator called Dairy Accelerator that will provide $25,000 each to its dairy-focused participants.
Cyphort to fall to Juniper Networks
Juniper Networks has announced its intent to acquire malware detection platform Cyphort, which has raised $53m from investors including Dell.
RPG reaches ShieldSquare for series A round
Bot detection platform ShieldSquare has raised an undisclosed sum in a round co-led by corporate venturing unit RPG Ventures.
Corporate venturing deal net: 25-29 December 2017
On-demand ride service Uber has taken an equity stake of undisclosed size in US-based mobile car buying platform Fair.com as part of a deal that involved Fair acquiring Uber’s vehicle leasing business, Xchange Leasing, the Wall Street Journal has reported. Fair will take more than 30,000 vehicles with a book value of about $400m through… Continue reading Corporate venturing deal net: 25-29 December 2017
Chushou reaches next level with Google investment
Google has supplied $76.8m in funding to mobile game livestreaming platform Chushou TV, which had raised $58m in January.
SoftBank consortium agrees multibillion-dollar Uber deal
SoftBank itself will come out with a 15% stake in Uber as part of a primary and secondary deal that looks set to top $8bn.
Nordisk Film ventures to Multiverse
Multiverse, the operator of gaming platform Kogama, has received an undisclosed sum from Nordisk Film, which took a 40% stake.
Trocafone triggers $15m funding round
MercadoLibre has invested in the Latin America-based consumer electronics exchange, which counts Wayra as an earlier investor.
Axiata canters to Cambodia
The telecoms firm’s $5m Smart Axiata Digital Innovation Fund has provided funding for Morakot Technologies, Aniwaa and Joonaak Delivery.