Lundemose is co-founder of several companies including Symphogen, Santaris and Prosidion, a UK subsidiary of OSI Pharmaceuticals where he had been a managing director of OSI’s corporate venturing unit.
Author: globalcorporateventuring
EnVision Capital finds SpenDifference
The amount of the investment was not disclosed.
Quikr moves to add $32m
Online retail giant eBay, and its co-founder’s family office Omidyar Network, and venture capital firms Matrix Partners India and Norwest Venture Partners, reinvested in Quikr alongside Warburg Pincus.
Wanxiang takes out GreatPoint
Wanxiang will join the board of directors of GreatPoint, which won the Global Corporate Venturing award for investment of the year when Wanxiang made its original investment at the start of the year.
Just Cellular ventures into debt
A line of credit is provided to Just Cellular using the company’s in-transit inventory as collateral so it can pay its suppliers, which are mainly based in China, more quickly in return for better terms.
Gamida Cell scores $10m
Alongside local corporations Teva Pharmaceutical Industries, Elbit Imaging and Clal Biotechnology Industries were venture capital firms Israel Healthcare Venture, Amgen, Denali Ventures and Auriga Ventures.
SilkRoad on track for IPO
SilkRoad has raised $35m in its series C round ahead of a planned flotation that could come as early as this year.
Uday Mehra joins L Capital
Based in India, Mehra will run L Capital Asia’s operations.
Samsung emerges into NextIO
Although NextIO said its latest round came from “existing investors and an undisclosed strategic investor,” the company’s regulatory filing showed Jay Chong, investment director at Samsung’s US corporate venturing unit, as a director on its board.
Liberty rings bell for Utopia
“We plan to hire an additional 500 employees in 2012 to meet our growth targets.”
Advanced Electron Beams flickers
Advanced Electron Beams (AEB) is reportedly winding down operations, after having raised more than $50m in three rounds from a consortium including GE Energy Financial Services, part of US-listed industrials group General Electric, according to news provider Fortune.
Facebook finds its Karma
Karma had raised $4.5m before its sale, while Facebook floated at $38 per share to raise $16bn in the biggest initial public offering by a technology company.
Benesse quizzes Quipper
The portfolio company also said its users have answered questions on more than 2,000 topics over 85 million times since it launched in October.
Fidelity finds it NotOnTheHighStreet.com
Fidelity Growth Partners Europe (FGPE), backed by mutual fund manager Fidelity’s balance sheet, led the round, and was joined by return backers, venture capital furms Index Ventures and Greylock Partners.