Corporate venturing units YJ Capital, Cyber Agent, KDDI and Mitsubishi join $3m investment in Skype-based English language education business Rarejob.
Author: Katherine Steiner-Dicks
Wipro on cloud nine with $5m Axeda stake
Wipro’s corporate venturing unit has invested $5m for a minority stake in US IT consulting company, Axeda.
SAP Ventures makes good call on JustDial
SAP Ventures’ recently listed investee company JustDial closes 22% above issue price.
Gree at home with UrbanIndo
Gree Ventures has led an undisclosed series A round of Indonesia-based UrbanIndo.
Nokia Growth Partners snaps up new investment
Nokia Growth Partners and Qualcomm Ventures join in series C round of $20m for US-based mobile imaging technology company, Pelican Imaging.
Perfect World enters mobile game fray
Perfect World, the China-based online gaming company, is investing in games developers including PGSOUL.
Samsung becomes $48m silent investor in Pantech
Korea electronics giant Samsung has turned a few heads in the mobile phone manufacturing sector of late following its decision to invest $48m for a 10 per cent stake in fellow Korea mobile phone maker, Pantech. According to Samsung it just comes down to components and procurement, nothing more.
TMI targets Taiwanese three
TMI Holding Corporation, a corporate venturing vehicle set up by the US venture capital firm WI Harper Group, Kaifu Lee, head of Innovation Works —China’s largest foreign owned Venture Capital Fund— and ITRI, a Taiwan nonprofit R&D organization engaging in applied research and technical services, has invested in three Taiwan start-ups. Founded in 2012, TMI… Continue reading TMI targets Taiwanese three
Rebright funds south-east Asia
Rebright Partners, the Japan-based incubator and mentoring fund led by serial entrepreneur and VC professional Takeshi Ebihara, is investing the firm’s latest fund in consumer-focused mobile and internet start-ups in south-east Asia’s more burgeoning technology markets.
CyberAgent joins crowdfunding space
CyberAgent Ventures, the corporate venturing unit behind Japan games business CyberAgent Inc., aims to raise $1m each month in crowdfunding for Japan start-ups with the initiation of a YEN45m ($415,000) crowdfunding platform.
Japan finds its fashion muse
Japan corporate venturing players, Itochu Technology Ventures and Mitsubishi UFJ Capital, have come back to invest in a series B round valued at $3.4, to help accelerate the growth of Japan-based VIP flash fashion sales site, Muse & Co.
Rakuten widens US route with Webgistix acquisition
Rakuten, a Japan e-commerce group with a growing interest in internet sales-based logistics services, is acquiring US-based Webgistix, a logistics and services company that specialises in in fulfillment technology for e-commerce retailers. Financial details of the deal have not been disclosed, nor was a press announcement available on either company’s web site at the time… Continue reading Rakuten widens US route with Webgistix acquisition
Box2You gets red carpet treatment from Voyage Ventures
Voyage Ventures, the corporate venturing unit and incubator service of Japan online commerce service company Venture Group, has invested an undisclosed amount of capital into Japan e-commerce and celebrity product endorsement site, Box2You, through its parent company Grow!
Netprice makes landmark strategic deal in Turkey
Trade ties between Turkey and Japan are growing in number and magnitude this year from single digit e-commerce deals to multi-billion dollar nuclear energy construction projects. In what is becoming classic ‘Abenomics’ export agreements in an effort to boost export revenues and urge Japan’s private foreign investment, Netprice Limited, the corporate venturing unit of Japan e-commerce and incubator Netprice.com, has invested in Turkey-based consumer price comparison site, Akakce.com for an undisclosed sum.