Bertelsmann has led the round that will be used by the agtech developer to accelerate its digital footprint in India and expand its leadership team.
Month: March 2019
Ripple and Forte form $100m gaming fund
Forte and the digital payments provider will use the fund to target game developers looking to create more profitable in-game economies through blockchain technology.
Lightbits pieces together $50m series A
Dell EMC, Cisco and Micron have all backed a round that will fund the commercial launch of Lightbits Labs’ data management and transfer technology.
Lear clears investment in Maniv Mobility fund
Lear Innovation Ventures, a subsidiary of Lear Corporation, has backed the mobility-focused VC firm’s latest fund, joining Alliance Ventures as a limited partner.
Docquity rocks $11m series B round
The physician-based social media platform has raised $11m in a round co-led by Itochu, which supplied $6m, and existing backer Singapore Press Holdings.
Tibco snags SnappyData
The Pivotal in-memory data technology spinoff will be bought by Tibco in a deal that will also enable General Electric subsidiary GE Digital to exit.
Sage steps up to partner at BMW i Ventures
Kasper Sage, a former BMW i Ventures principal featured on this year’s GCV Rising Stars roster, was named partner at the beginning of this year.
Verano to reap $850m in Harvest acquisition
Scythian Biosciences-backed cannabis facilities operator Verano has agreed to an $850m acquisition by Harvest Health and Recreation in an all-stock transaction.
Vice sizes up $200m in potential financing
Media group Vice, backed by 21st Century Fox, A&E Networks, Walt Disney and WPP, is seeking $200m in a mix of equity and debt financing a week after laying off a tenth of its staff.
Alphabet’s Waymo to weigh up external funding
Waymo, Alphabet’s autonomous transport unit, is reportedly seeking funding at a hefty valuation, with Volkswagen in the frame to invest.
RedDoorz to check in $50m
The SIG-backed hotel booking portal is set to raise up to $50m in a series B round that is being led by venture firm Qiming Venture Partners.
Jumia to jump to public markets
The Africa-focused e-commerce platform, backed by MTN, Rocket Internet, Millicom, Orange, Axa and Pernod Ricard, has filed for a $100m initial public offering in the US.
Investing in Israeli companies
Jonathan Tudor, director of Centrica Innovations, was in Israel for the GCV Israel conference, Israel’s first corporate venturing conference, and to launch a £100m Centrica Innovations fund
Israel goes from startup to scale-up nation
Innovative Region: Israel