The IoT integration platform developer boosted its overall funding to $63m in a Salesforce Ventures-led round featuring IBM.
Author: Callum Cyrus
Investors pump $39m into Cardiac Dimensions
The Johnson & Johnson-backed cardiac medical device developer has completed a series B round that will fund clinical tests for its technology.
Rocketrip soars with $15m
US-based employee travel rewards platform Rocketrip secured $15m on Wednesday in a series C round led by GV, a corporate venturing arm of internet and technology conglomerate Alphabet. The round also featured venture capital firms Bessemer Venture Partners and Canaan Partners. GV partner Erik Nordland will join the company’s board of directors in connection with… Continue reading Rocketrip soars with $15m
Zeisser moves out of Alibaba
Michael Zeisser, Alibaba’s chairman of US investments, has departed having overseen deals for Lyft and Snap, and will likely be replaced by Peter Stern.
News round up 30 April 2018
A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.
Investors quarry out funding for Tradewind
Gold trading platform developer Tradewind has raised $10.6m in a round featuring gold miners Agnico Eagle Mines, IAmGold, Wheaton Precious Metals and Goldcorp.
Allegro.AI accepts $11m
The artificial intelligence development startup has emerged from stealth with funding from backers including Robert Bosch and Samsung.
Corporates beam funding to Oxford PV
Existing backers Legal and General Capital and Statoil Energy Ventures have returned for an $11.2m round that took Oxford PV’s total financing to $77m.
SIG helps put series B cash into Castbox
Podcast platform Castbox took its total funding to almost $30m with a $13.5m round that included returning investor SIG China.
NuProbe finds $11m in series A
Wuxi AppTec Corporate Ventures has participated in a round that will support development of NuProbe’s molecular blood test.
Corvidia gets on course with $60m
Corvidia’s series B round has been backed by Fresenius Medial Care and AstraZeneca as its kidney disease treatment nears the end of a phase 2 trial.
Nykaa touches up funding
The beauty retailer added $11.2m to a round now sized at $25.5m, on the heels of 2016 investments from Max Group and TCL.
Sony and CMU cook up research deal
Consumer electronics manufacturer Sony’s Seed Acceleration Program and corporate venturing unit Sony Innovation Fund will support US-based Carnegie Mellon University (CMU)’s robotics and artificial intelligence (AI) technology research through a collaboration agreement. Japan-headquartered Sony agreed the deal through US subsidiary, Sony Corporation of America, and the units will assist in the university’s general AI and… Continue reading Sony and CMU cook up research deal
Eventbrite ticks off Ticketea acquisition
Spain-based online ticketing platformTicketea has been acquired by US-headquartered peer Eventbrite for an undisclosed sum, providing an exit to leisure and travel-focused e-commerce firm Atrápalo. Ticketea operates a ticketing portal for live events such as music concerts and theatre productions. It helps organisers promote their events and is primarily active in Spain and Portugal. Eventbrite… Continue reading Eventbrite ticks off Ticketea acquisition