Sumitomo Corporation of Americas contributed to the latest round for healthcare consulting services provider Avia, which already has several care providers as investors.
Month: October 2019
Analysis: Databricks cements a $400m round
The big data platform Databricks raised $400m reportedly at $6.2bn valuation, with the backing of Microsoft. The company forms part of the broader big data tech space, in which corporates have been heavily investing over recent years.
Cromwell powers up at Emerson
Thurston Cromwell has moved up from a director of development position at Emerson to a vice-president of corporate development role.
Myhre makes tracks from Orkla Ventures
Elisabeth Marie Myhre, formerly a senior manager at Orkla’s corporate venturing subsidiary, is now managing director for Foodora’s Norwegian business.
Capital D buys majority in Vonq
Capital D, a private equity firm, has acquired a 54% stake in Vonq, a recruitment marketing company backed by Randstad Innovation Fund, the corporate venturing unit launched by staffing firm Randstad, In November 2014, Randstad led a joint series A round for Netherlands-based recruitment marketing firm Vonq and Qmulus. VONQ’s platform integrates over 2,000 job… Continue reading Capital D buys majority in Vonq
STV plans second fund of at least $500m
STV, which initially counted Saudi Telecom as an investor, is mulling the possibility of raising at least $500m for its next fund.
Corporate venturing deal net: 21-25 October 2019
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
SoftBank approaches $5bn portfolio writedown
SoftBank is set to write down $5bn, and possibly up to $7bn, from its investments in highly valued portfolio companies including Uber and We Co.
Ucommune moves itself to IPO stage
Dahong Group, Junfa Group, Prosperity Holdings and Yintai Land are all in line for exits after the workspace provider confidentially filed for an initial public offering in the US.
Kujiale cajoles investors for $100m series D
Hearst-backed interior design services marketplace Kujiale raised the money at a reported $1bn valuation and has now secured more than $210m in total.
Blueground lays $50m foundation for UK expansion
The Jabbar Internet Group-backed apartment rental service secured $50m in a series B round that brought its total funding to $78m as it prepares to enter the UK market.
Siemens pins Pixeom in acquisition deal
Intel Capital, Samsung Catalyst Fund and National Grid Partners are all set to exit the edge computing technology developer in a purchase of undisclosed size.
Pollen triggers $60m round
Universal Music-backed live-event marketing service Pollen has now raised $100m altogether and is entering the sports experience space.
GV revisits Viz.ai for $50m series B
The stroke measurement software provider Viz.ai has now raised more than $78m, pulling in funding through a GV-backed series B round.