The computing multinational will launch the accelerator in partnership with Beckton Dickinson, and each startup will have access to $25,000 in funding.
Author: Leandre Ibar Penaba
TapZen runs to $8m series B
Tencent joined Zynga as an investor in the mobile game developer, which has just released its first game.
Fon expands its networks with $14m
Spain-based WiFi-sharing network Fon raises $14m in a venture round led by the venture capital unit of California-based microchip manufacturer Qualcomm. Other previous investors also took part in the round, including Google, Deutsche Telekom and ventures capital firms Index Ventures, Coral, Atomico.
GE unveils ecomaginaton Center in Abu Dhabi’s Masdar City
The center is part of GE’s ecomagination initiative, a technology platform to improve customer productivity and find more efficient energy solutions for cities. Since more than half of the world’s population already living in urban areas, GE considers that dense cities must improve its energy, water and waste management systems to reduce its environmental impact… Continue reading GE unveils ecomaginaton Center in Abu Dhabi’s Masdar City
Jabbar jumps in with Instabeat
Lebanon-based wearables start-up Instabeat has raised an undisclosed amount of series A funding from Wamda Capital, Jabbar Internet Group, a Dubai-based group of internet companies across the Middle East, and a group of angel investors, including Google’s Georges Harik. The company wants to use the funds to accelerate its growth and bring its first product… Continue reading Jabbar jumps in with Instabeat
J&J opening incubator in Israel
US-based pharmaceutical multinational Johnson & Johnson is opening a new biotech incubator in Israel, expected to be operational early this year.
Qualcomm joins Practice Fusion’s D round
Electronic health records company Practice Fusion extends series D funding to $85m, with additional $15m co-led by new investors Qualcomm Ventures and Longitude Capital.
Telstra ups Ooyala funds by $43m
Australia-based telecommunications company Telstra invests an additional $43m in US-based online video platform Ooyala, after leading its $35m series E round in 2012.
Level39 and going up
Leandre Ibar Penaba talks to Erik Van der Kleij, head of technology accelerator Level39, located in the One Canada Square building in Canary Wharf.
Intel backs Rancard to accelerate across Sub-Sahara
West African mobile services software company Rancard raises undisclosed amount of funding led by Peninsula Capital and including Intel Capital, to take advantage of rapid growth of mobile phone usage in Sub-Saharan Africa.
Dell protects Invincea’s financial future
Invincea, a US-based malware detection software company, has raised $16m of series C financing led by Dell Ventures, a subsidiary of US-based computer maker and technology services company Dell, and Swiss-based investment company Aeris Capital. Grotech Ventures, Harbert Ventures, and New Atlantic Ventures, which invested in Invincea in previous rounds, also took part in this… Continue reading Dell protects Invincea’s financial future
Canary Wharf Group to support Code Club
Canary Wharf Group (CWG), the UK-based property company which developed and owns the Canary Wharf financial district in London’s docklands, has agreed to provide financial sponsorship to Code Club, a nationwide network of volunteer-led, after-school coding clubs, for it to launch coding classes for approximately 600 primary school students in the local community of Tower… Continue reading Canary Wharf Group to support Code Club
Play-i takes $1.4m in pre-orders
Google-backed toy robot maker Play-i raises $1.4m in pre-orders for its Bo & Yana robots, in a product crowdfunding campaign run through its own site.
Horizons improves Misfit’s health
Misfit Wearables, a US-based wearable computing company which makes Shine, an activity monitoring and motivation device, has raised $15.2m series B financing led by Hong Kong-based venture capital firm Horizons Ventures; existing investors, O’Reilly AlphaTech Ventures (OATV), a corporate venturing fund backed by O’Reilly Media, Founders Fund, Khosla Ventures, Norwest Venture Partners, Max Levchin and… Continue reading Horizons improves Misfit’s health