The research organisation has provided $13.5m for the fund, which also features Reitan Kapital, Orkla and SpareBank1 SMN Invest as limited partners.
Month: June 2018
Viva Republica authorises $40m in funding
The PayPal and Qualcomm-backed financial services app developer has received $40m from GIC and Sequoia China, taking its total funding to $117m.
SpinLaunch catapults to $35m series A
Stealth-stage SpinLaunch, which is developing a kinetic energy-based space launch system, raised the cash from investors including Airbus and Alphabet.
Mevion beams up $150m
The radiation therapy system provider has now raised more than $500m altogether, having received funding from backers including Henan Maisheng.
Home24 moves into public markets
Rocket Internet remains the largest investor in the home products marketplace, which has floated in a $174m initial public offering.
Analysis: Adaptive Insights purchased for $1.55bn
The surprising acquisition comes less than a month after the company had filed for a $100m initial public offering.
Ethos has $11.5m mindset
Life insurance platform Ethos has emerged from stealth with backing from investors including Roc Nation as it looks to drive business growth and product development.
News round up 18 June 2018
A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.
Corporate venturing deal net: 11 – 15 June 2018
Silicon Microgravity, a UK-based oil and gas surveillance provider based partly on University of Cambridge research, has received $7m in a round featuring BP Ventures, the corporate venturing arm of oil and gas producer BP. The round also featured tech transfer office Cambridge Enterprise, commercialisation firm IP Group and fund manager Parkwalk Advisors. [read more about this story… Continue reading Corporate venturing deal net: 11 – 15 June 2018
Valencell charges $10.5m series E
Best Buy-backed biometric sensor developer Valencell has secured a series E round led by Sonion, while existing shareholders such as Gii returned.
Influential gains $12m series B
WME has contributed to a $12m series B round for Influential, which has now raised $26.5m.
Investors drop $12m into Sphero
The Walt Disney and JF Shea-backed toy robot maker has raised an initial $12m for a funding round it expects to close at $20m.
Mindstrong focuses on $15m series B
Optum Ventures-backed Mindstrong Health has raised its series B capital from a consortium that also included new backers Bezos Expeditions and Decheng Capital.
Reonomy orders $30m series C
SoftBank Capital has provided follow-on funding to Reonomy, having previously backed a $3.8m series A and a $13m series B round.