BMW Financial Services US Collaboration Lab is the third partnership between L Marks and BMW, and marks the former’s first US initiative.
Month: May 2018
Minute Media calls time on $17m round
The ProSiebenSat.1-backed sport content publishing platform has raised series F capital, boosting its total funding to $77m.
Corporate venturing deal net: 21-25 May 2018
Decent, a US-based startup looking to use blockchain technology to improve access to affordable healthcare, has raised $8m in pre-seed and seed funding from investors including legal firm Fenwick & West. The firm was joined by Foundation Capital, Menlo Ventures, Digital Currency Group, Lux Capital, Maverick Ventures, Core Innovation Capital, Meridian Street Capital, Healthy Ventures,… Continue reading Corporate venturing deal net: 21-25 May 2018
Essential Products estimates value of sale
The smartphone producer, which has raised $330m from investors including Tencent, Amazon, Foxconn and Access Industries, is in talks to be acquired.
Heal diagnoses $20m funding injection
Fidelity-backed medical access service Heal has now secured more than $69m in funding over the past four years.
Aspire Health joins Anthem
GV and Blue Cross and Blue Shield Association are set to exit care provider Aspire Health following an acquisition agreement with Anthem.
EWTP Ecosystem Fund attracts $600m
Trade organisation Electronic World Trade Platform (EWTP) has launched a $600m investment fund featuring e-commerce group Alibaba and its financial services affiliate Ant Financial as anchor investors, China Daily reported on Wednesday. EWTP was first proposed by Alibaba co-founder and chairman Jack Ma in 2016 to help lower trade barriers and support the expansion of… Continue reading EWTP Ecosystem Fund attracts $600m
Shell helps sink $70m into Sonnen
Energy storage and management technology provider Sonnen has formed a cooperation agreement with Shell, which led its latest round.
GCV Symposium Day Two: Data shows CVC deal value outpacing volume
Data from GCV Analytics and Pitchbook showed corporate venturers are increasingly opting for larger deals, consequently reducing the total number of deals.
Rover gets a $125m treat
The pet sitting and dog walking service, which counts Petco as an investor, raised the funding together with $30m of debt financing.
Brii Bio breaks out with $260m
Medicine development startup Brii Biosciences has launched with funding from investors including the WuXi AppTec-backed 6 Dimensions Capital.
Careem chases $500m at $1.5bn valuation
Existing investors in the on-demand ride provider include Didi Chuxing, Rakuten, Saudi Telecom, Al Tayyar and Daimler.
OM1 embeds $21m
Wanxiang-backed OM1 has raised series B funding that will be used to enhance its medical data analysis platform.
GCV Symposium Day Two: Danone hails sustainability in business
Lorna Davis, senior advisor to Danone’s CEO, delivered a keynote speech through a video call on the importance its involvement in the B Corp initiative.