Bayer has sold subsidiary Alimtec to a company owned by India-based company Murugappa for an undisclosed sum.
Author: Gemma Jamieson
Kruger packages $7m round for Ecologic Brands
Paper and pulp producer Kruger is among the investors in a $7m round for Ecologic and will also form a partnership with the smaller company.
Motorola Solutions analyses funding double
The communications product maker has invested undisclosed amounts in data analytics companies B2M Solutions and Profitect through its corporate venturing unit.
URX goes deep for $12m series A
Google Ventures was among the investors in the deep linking technology company’s series A round, and it has now raised more than $15m in total.
Perpetuuiti looks to avoid disaster with $20m funding injection
The Intel-backed business disaster software provider is reportedly seeking between $15m and $20m in order to expand geographically.
Tech Mahindra to store 75% stake in FixStream in $10m deal
The Mahindra Group subsidiary is in line to take a controlling stake in US-based subsidiary FixStream Network for about $10m.
Tachyus measures energy of $6m series A
The company, which develops software to measure fossil fuel production, has secured $6m from investors including corporate-backed venture capital firm Foundation 8.
CrowdRise attracts talent for $23m fundraise
The charity fundraising platform has secured $23m in a round supported by the corporate venturing units of talent agencies CAA and UTA.
Tengelmann classifies $10m funding for Carmudi
The online classified car advertising service has secured $10m and will use the funds to expand its Asian activities.
Inbenta’s search for funding proves successful
Spain-based artificial intelligence search engine Inbenta has raised $2m in a series A round led by Amérigo Chile Early Stage and Growth, a corporate venturing subsidiary of telecommunications company Telefónica. Inbenta aims to create a personalised online search engine experience using features including features including natural language processing products, avatars, virtual assistants and search engines.… Continue reading Inbenta’s search for funding proves successful
Scutum rides into $2.7m series A round
Corporates Repsol and La Caixa are among the investors backing the Spain-based electric scooter maker.
Telefónica dials up latest WayRa startups
Spain-based telecommunications company Telefónica has announced the recent group of tech startups to take part in its UK-based Wayra and Wayra UnLtd accelerator projects, TechWorld has reported. The partnership is 50% funded by the UK government in addition to the social entrepreneur supporter UnLtd and Telefonica’s worldwide tech start-up accelerator programme, Wayra. The second cohort… Continue reading Telefónica dials up latest WayRa startups
M87 picks up $3m in Qualcomm-backed round
The company, which is developing mobile device-to-device technology, has now raised $3.5m from investors including Qualcomm and China-based 21Vianet.
Nora Therapeutics births $18m series B
The fertility drug developer has now secured $20.9m after welcoming Novo to its investor base.