Global Corporate Venturing’s inaugural award for ‘Energy-tech Corporate Venture Capital (CVC) Investment of the Year’ was announced on November 8th during the Venture Houston conference.
Month: November 2018
Mayvenn fixes $23m series B
African American-focused hair supplier Mayvenn has secured $23m in a series B round led by media holding company Essence Ventures.
Lloyds turns on Thought Machine in series A round
Lloyds took a 10% stake as it led a $23.5m series A round for Thought Machine, gaining access to the fintech developer’s cloud-based banking platform.
Ayar Labs lights up $24m series A
GlobalFoundries and Intel both took part in a $24m series A round for Ayar, which will use the money to commercialise its light-based data transmission technology.
Pring springs to series A round
Itochu, SBI Investment, Nippon Gas, UFI Futech and SMBC Venture Capital all invested as mobile payment technology developer Pring raised $11.4m.
PPDai helps Liangzibao lick series A-plus round
Peer-to-peer lending platform PPDai was among the investors in a $14.4m round for the online insurance portal, whose earlier investors include Fosun Kinzon Capital.
Hellobike hails SoftBank for potential $400m round
Bicycle sharing platform Hellobike has entered discussions with SoftBank for an investment as part of a $400m round that would value it at $2bn.
Mirum comes to series A with $120m
Novo invested in liver disease drug developer Mirum Pharmaceuticals as part of the round while Shire acquired an equity stake in the startup through a licensing deal.
Bitfury rages to $80m private placement
The Naver-backed Korelya Capital led the blockchain technology provider’s placement, which included Dentsu, Macquarie Capital, Foyer and MACSF.
RapidSOS raids corporates for $30m
Emergency services data provider RapidSOS took its total funding to $65m in a series B round backed by existing investors CSAA and M12.
Health Velocity Capital closes fund at $185m
UPMC and Cigna Ventures were among the contributors to the first fund raised by healthcare services and software VC firm Health Velocity Capital.
Monashees mobilises CreditEase for $150m fund
CreditEase is part of a list of limited partners that provided $150m for Brazil-based venture firm Monashees to close its eighth fund.
Transit completes journey to series B funding
Mobility app developer Transit has raised $17.5m in a round led by Alliance Ventures that also featured Jaguar Land Rover’s Inmotion Ventures unit.
Taranis scans corporates for $20m
Nutrien, Sumitomo Corporation Europe and Wilbur-Ellis unit Cavallo Ventures all came in as new investors for the agricultural monitoring platform’s series B round.