Dong-Su Kim, who has led investments in more than 20 companies for Samsung Ventures America, is setting up a new fund at LG.
Month: May 2018
Keane quits Qualcomm for Promus Ventures
Gareth Keane, an investment manager at Qualcomm Ventures, the corporate venturing subsidiary of US-based chipmaker Qualcomm, has left to join venture capital firm Promus Ventures. Keane had been at Qualcomm Ventures for nearly six years having joined in 2012 after Texas Instruments’ acquisition of National Semiconductor the year before. He is leaving following a shake-up… Continue reading Keane quits Qualcomm for Promus Ventures
GV gives Upbound $9m series A boost
Upbound, the developer of a platform enabling clients to run services across disparate cloud computing platforms, has raised funding in a GV-led round.
Salesforce to track Canadian startups with $100m fund
Canada Trailblazer Fund will invest in Canada-based cloud services startups and has already backed Tier1CRM, Traction Guest, Tulip and OSF Commerce.
Zola engages Comcast for $100m series D
Comcast Ventures returned to lead a series D round for online wedding registry Zola that attracted its sister company NBCUniversal as a new shareholder.
News round up 8 May 2018
A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.
NIS slips through to $12m of funding
Evonik-backed lubricant additive producer Nanotech Industrial Solutions received the funding in a round led by EcoMachines Ventures.
Soft Robotics picks corporates to raise $20m
Yamaha Motor, Honeywell Ventures, Tekfen Ventures, ABB Technology Ventures and Taylor Farms Ventures have all backed the robotics developer.
Eli Lilly eyes Avedro in $25m round
Corneal remodelling system developer Avedro boosted its total funding to more than $220m with a round led by Lilly Asia Ventures.
Rubasinski leaves Sky to enter Polystream
Marek Rubasinski, formerly Sky’s director of startup investments and partnerships, is gaming technology developer Polystream’s new chief commercial officer.
SoundHound gets $100m treat
Tencent, Daimler, Midea Group, Orange and Hyundai Motor Company all contributed as the voice technology platform raised cash at a $1bn+ valuation.
Xiaomi files for a $10bn IPO
China-based electronics producer Xiaomi has reportedly filed for an initial public offering at a $100bn valuation in Hong Kong.
Analysis: Flexport gets $100m delivered
Logistics firm SF Express committed capital to freight logistics platform Flexport, which was previously backed by Bloomberg Beta and GV, among other corporates.
Inspire Medical inhales $108m in IPO
The sleep apnea developer, backed by Medtronic and Johnson & Johnson, floated at the top of its range before seeing its stock rise 56% on the first day.