MacTough, who said he would be at the GCVI Summit in Monterey in January, had joined Liberty in July 2015 just after Robinson had set up its Strategic Ventures unit.
Month: August 2018
Zurich invites startups to international insurtech contest
The insurance provider is looking for startups in the mobility, smart home, digital health and financial planning technology sectors.
Grab Ventures expands Indonesia funding by $250m
Grab Ventures will invest in mobility, food, logistics, fintech startups and set up an accelerator, Grab Ventures Velocity, with applications closing on 10 September.
Corporate venturing deal net: 27 – 31 August 2018
Payment services firm Visa invested an undisclosed amount in Japan-based online consumer credit service Paidy as part of a series C round that stood at $55m as of last month. Diversified trading group Itochu led the first tranche, taking part alongside included investment banking firm Goldman Sachs. Paidy had then raised a total of $80m,… Continue reading Corporate venturing deal net: 27 – 31 August 2018
UnaBiz connects to corporates for series A
Soracom and Engie have committed capital to a $10m series A round for UnaBiz, which operates a low-power wide-area network in Singapore and Taiwan.
Mitte taps into corporates for funding
Germany-based water purification system developer Mitte raised $10.6m in funding on Wednesday led by Danone Manifesto Ventures, the corporate venturing arm of food producer Danone. Kärcher New Venture, the investment subsidiary of cleaning technology company Kärcher, and VisVires New Protein Capital also took part in the funding round. Founded in 2016, Mitte has developed a… Continue reading Mitte taps into corporates for funding
Readly spreads funding news
Channel 4-backed digital magazine platform Readly has added $11.7m to its coffers thanks to commitments from two new investors, Swedbank Robur and Zouk Capital.
Avegant advances to $12m series AA
Intel Capital and Applied Materials-backed augmented reality technology developer Avegant has received $12m in a series AA round.
Pagaya processes $14m series B
Siam Commercial Bank and Clal Insurance have put their weight behind Pagaya, a fintech company that uses artificial intelligence to offer asset management.
Indegy identifies $18m series B
Liberty Media has led a series B round for industrial cybersecurity company Indegy, which also featured Centrica and Ofer Global.
Zadara stores $25m round
TAEC-backed enterprise cloud storage provider Zadara has secured $25m in funding led by IGP Capital, bringing its total equity to more than $60m.
Makeblock builds $44m series C
Yue Xiu Enterprises has taken part in a $44m series C round for Makeblock, the Evolution Media China-backed robotic toy manufacturer.
Analysis: Toyota adds $500m to Uber
Uber has struck a strategic partnership on autonomous car research with Toyota, which featured a $500m investment from the auto manufacturer at a $72bn valuation.
Lyft to beat Uber to public markets
Lyft has hired an initial public offering advisor with plans to list as early as March next year, in a bid to beat its rival Uber to the punch.