Raptor Oil, a UK-based wireless communications technology developer, has raised £1.5m ($2.2m) from Seek & Solve, a funding programme formed by oil and gas company Statoil and Scottish Investment Bank. Seek & Solve was launched in June 2014 by Statoil Technology Invest, the investment arm of Norway-based oil and gas company Statoil, and Scottish Enterprise,… Continue reading Raptor chews down on $2.2m
Author: Mark Chatterley
JJDC backs Vivo Capital’s fund
Johnson & Johnson has provided the first healthcare venture group investment in the Vivo Capital Fund VIII that aims to help US and Chinese businesses work cross-border.
Tapingo taps into Qualcomm for series C
Qualcomm has invested in app-based shopping platform Tapingo to help it move out of the college campus market and into local commerce.
No results for Google-backed internet search company
Google Ventures-backed paid search advertising company Trada has ceased trading and advised its customers on other companies to use.
GDF Suez sends Redbird flying
French electricity supply company GDF Suez has invested in Redbird, a company that analyses data captured by civilian drones.
Partech funds startups
Partech Ventures has followed its $32m Partech Entrepreneur I fund with a corporate-backed $65m second fund, the largest dedicated seed fund in Europe.
Corporates put HyTrust in series D
Corporate backers have invested in HyTrust to help it secure virtualised and cloud-based systems and expand its sales and marketing into an international market.
Corporates pack for holiday with CanadaStays
Media company Torstar and vacation website HomeAway have invested in CanadaStays to allow its users to reach a larger potential rental market through the HomeAway website.
Health app Noom drives investment
Qualcomm Ventures has reinvested in Noom, a health app developer that is using human and artificial intelligence interaction to drive behaviour change in people with chronic illnesses or those wanting to lose weight.
Cash flows to Fountain for second fund
The life sciences fund, which spun out from Elan Corporation, has reached a $98.5m first close for its second fund, securing investment from an undisclosed strategic.
EWBM senses potential in DAI
Smart sensor maker Dual Aperture International has secured $5.7m from backers including strategic partner EWBM.
HTGF backs $10m Myr round
Hepatitis treatment developer Myr raised the cash from High-Tech Gruenderfonds, which previously invested in 2011, and Russian government-backed Maxwell Biotech Fund.
Merck, Novo and Novartis back Forendo series A
Forendo, which is developing treatments for endometriosis and low testosterone, has closed its second round of funding.
XAnge leads $8.2m round for TagCommander
Marketing technology company TagCommander will use the series B cash to accelerate its expansion plans.