Finery, the US-based creator of an online wardrobe platform, raised $5m on Tuesday in a seed round featuring fashion e-commerce company Farfetch and BBG Ventures, a corporate venturing subsidiary of online media group Oath. The round was led by New Enterprise Associates and included C Ventures, Correlation Ventures, Next Coast Ventures, Halogen Ventures and angel… Continue reading Corporate venturing deal net: 15-19 January 2018
Month: January 2018
Dell helps VDoo raise lucky $13m
The internet-of-things security technology startup has secured its first funding in a 83 North-led round that included Dell Technology Capital.
Visible Alpha invites banks to $38m round
Goldman Sachs led the financial research platform developer’s latest round, which included several other financial services firms.
Analysis: Celgene impacts Sanofi in a billion-dollar exit
Celgene has agreed to acquire Impact Biomedicines for a multibillion dollar whose total size may reach $7bn, giving an exit to fellow pharmaceutical company Sanofi. This is a record-setting deal in the life-sciences exits involving corporate investors, where other transactions like IPOs seems to have been in decline.
Ring Capital notches up $172m for first fund
Danone, AG2R La Mondiale, Bred and BPifrance are among the limited partners for the recently launched, France-based venture firm.
Alibaba joins Space Cycle for series B
E-commerce group Alibaba’s Taiwan Entrepreneurs Fund II fund led a RMB100m ($15.6m) series B round for Taiwan-based fitness service Space Cycle on Wednesday. Space Cycle operates music-driven classes in indoor cycling, yoga, dance and barre, which combines fitness and ballet, across six studios in Taipei and the Chinese cities of Beijing and Shanghai. Matthew Allison,… Continue reading Alibaba joins Space Cycle for series B
CareDox canters to $16m
The paediatric care platform has now raised more than $29m in total, closing a Wanxiang-backed round co-led by an affiliate of Access Industries.
Folio pages corporates for $63m
Line, Dentsu, Sumitomo Mitsui Banking Corporation and Mitsui are among the backers of the asset management platform’s series A2 round.
Mercari prepares to go to market
Mercari, whose corporate backers include Mitsui, Itochu, United and GMO, has set its sights on a Tokyo initial public offering that would value it at more than $1.8bn.
eStruxture expands funding with $180m
The Canderel-backed data centre operator has secured debt and equity financing that will be used to expand its portfolio of facilities.
Uber closes $1.25bn SoftBank investment
The deal, closed alongside a multibillion-dollar secondary purchase, makes SoftBank the ride hailing company’s largest shareholder.
Driving disruption
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