Foxconn has joined forces with the Jinan’s municipal government to establish a fund that will aim to boost the local semiconductor ecosystem.
Month: October 2018
OmniSci maps out $55m series C
OmniSci, formerly known as MapD, has added $55m to its coffers thanks to investors including Nvidia and Verizon, bringing its total funding to $92m.
Romanski runs to Siris Capital
Hilton Romanski, who was featured twice on GCV’s Powerlist in 2012 and 2014, has become a partner and senior managing director at Siris Capital.
Rowles swims into Sky Ocean Ventures
Jamie Rowles has left a venture capital position at Jetstone Asset Management to head Sky’s impact venturing fund.
Orchard to orchestrate $173m IPO
GSK is the second largest shareholder of gene therapy developer Orchard Therapeutics, which has raised more than $290m in equity funding.
Telkomsel invites Ariffin to head of investments position
Nazier Ariffin, formerly Angel-eQ’s head of investments and business development, will head investments for Telkomsel’s new strategic unit.
JFrog jumps to $165m series D
Dell Technologies Capital invested as part of a series D round that valued the software release platform at more than $1bn.
Redlock heads to Palo Alto in $173m acquisition
Dell Technologies Capital will exit Redlock in an acquisition by Palo Alto Networks, five months after it bought another cloud security software developer.
Genomatica generates $90m funding round
Ginkgo Bioworks participated in the round in addition to expanding an existing strategic partnership with bioprocessing technology developer Genomatica.
GV exits as Anju inhales Zephyr
Anju Software has paid an undisclosed sum to acquire healthcare data provider Zephyr Health, which had raised $33.5m from investors including GV.
Bell chimes with Nuveen’s offer
William Bell, a director at TIAA’s corporate development department, has joined Nuveen as a managing director.
News round up 8 October 2018
A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.
Corporate venturing deal net: 1-5 October 2018
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Rethink Robotics grinds to a halt
Industrial robot producer Rethink Robotics had raised $136m from backers including GE Ventures but has ceased trading after failing to close a planned acquisition deal.