The flexible electronics maker once known as Pragmatic Printing has retained the interest of Avery Dennison, Arm and CIC in a $16.7m round that took its total funding to $46.8m.
Author: Callum Cyrus
Illumio clears $65m series E
Cybersecurity software producer Illumio, which counts Juniper Networks among its backers, has now raised a total of more than $333m from five rounds.
HiberCell absorbs series A funding
The metastatic cancer drug developer has secured $60.8m from investors including Celgene and the WuXi AppTec-backed 6 Dimensions Capital.
News round up 11 February 2019
A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.
Epam engineers Go Philly Fund investment
Epam Systems will lead the first $15m close of blockchain-powered regional VC vehicle Go Philly Fund, which is reportedly aiming to raise $50m in total.
Ola takes extra series J fare
On-demand ride platform Ola has added $15.3m to a round that now totals about $160m, though none of its corporate investors have so far contributed.
BBG beckons outsiders to new fund
BBG Ventures, which was founded by AOL and is now funded by Verizon Media, is reportedly seeking external commitments for its next fund.
GE Ventures puts resources into Flux
General Electric’s corporate venturing unit is launching a content portal called Flux to help companies overcome barriers to diversity and inclusiveness.
News round up 3 February 2019
A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.
Madison Reed adds contrast for $51m series D
Hair colouring supplier Madison Reed, which is backed by Comcast and JF Shea, is pursuing a multi-channel distribution strategy and has now racked up $121m in capital altogether.
Singtel Innov8 helps Cato link to $55m
Singapore Telecommunications’ CVC unit, Singtel Innov8 reinvested in a round that took enterprise network developer Cato Networks’ total funding to $105m.
Alibaba gets in Sandbox for $68m round
Virtual reality entertainment operator Sandbox VR has amassed $68m in series A capital from investors including Alibaba.
Barclays to give startups a Rise
Rise Growth Investments will back each cohort of Barclays tri-national fintech accelerator scheme with a total of up to $13.2m of funding.
MásMóvil hooks up Másventures accelerator
MásMóvil has established a startup accelerator after rising to become Spain’s fourth biggest telecommunications player.