Korea-based venture capital firm Woongjin Capital to manage Mobile Korea Renaissance Fund on behalf of country’s main phone operator.
Author: James Mawson
Sorbent soaks up funding success
US regulatory filing shows Sorbent Therapeutics gains nearly maximum round to treat renal problems.
LedEngin gains funding success
Taiwan connections seal series D round for light-emitting diode (LED) company.
TranSwitch exits Opulan
US communications equipment company TranSwitch sees venture stake in China-based Opulan Technologies realised through $72m sale to Atheros Communications.
Wal-Mart sees Green Dot increase listing size
Prepaid debit card provider Green Dot adds nearly a quarter to flotation value.
Chan steps up at TCL Capital
Hong Kong-based media and healthcare-focused merchant bank Virgo Capital’s chief executive takes managing director role at consumer electronics group TCL’s venturing division.
Riot expands to Europe from US
Online video-game company Riot Games has expanded into Europe after Tencent backing.
Volvo converts to owning part of El-Forest
Clean-technology lumber haulage company El-forest gains backing from Swedish state and car maker Volvo.
Google reinvests in Pixazza search
Google Ventures reinvests in imaging software search peer Pixazza.
Markowitz to lead Heidrick’s VC group
Former executive committee member at recruitment group Howard Fischer Associates joins Nasdaq-listed peer.
Asseco Poland sets up venture fund
European technology services company agrees first deal out of seed-stage corporate venturing fund.
Financial services firms back legal start-up
MJ Hudson legal start-up gains corporate venturing backing from financial services clients.
SK Telecom starts uCirrus round
UCirrus gains SK Telecom Ventures as investor at the start of its funding round.
September 30 – London Business School
The Next Wave of Growth – Creating Startups with Billion $ Potential” being organised by Genius Incubator in association with London Business School on September 30.