Emotional intelligence technology developer Cogito secured a re-up from Salesforce Ventures just one year after it closed a $5.5m series A backed by the unit.
Author: Nicole Idar
Micell Technologies sucks up new funding
The coronary stent technology developer, backed by GE and St Jude Medical, has raised $25.8m in a round expected to close at $30m.
Airbus fuels lift off for UK space fund
UK-based investment firm Seraphim Capital has launched the world’s first space technology-focused venture fund with a £50m ($62m) round featuring aerospace company Airbus, the Financial Times has reported. Airbus set up a corporate venturing unit, Airbus Group Ventures, in June 2015 with $150m of capital. The fund targets companies operating in areas related to Airbus’s fields… Continue reading Airbus fuels lift off for UK space fund
Manulife magnifies IVP fundraising to $79m
Fintech-focused VC firm Information Venture Partners, which spun out of Royal Bank of Canada, surpassed its initial fundraising target to close its second fund at C$106m ($79m).
Tiantianpaiche speeds off with $100m
The online vehicle auction platform secured series C funding from corporate investors SoftBank, SIG, Tencent and Bitauto as it looks to expand its product offering.
Magilm rolls with $29m series D
Huayi Brothers led the round and will help Magilm grow its film, television and animation production capabilities as well as its marketing and distribution services.
HuoCheBang makes noise with $20m from IFC
The Tencent-backed trucking logistics app developer secured funding from International Finance Corporation after raising $35m last year.
Sodexo to feed startups with $53m fund
The catering and facilities management company has launched a corporate venturing unit, Sodexo Ventures, and invested in restaurant engagement platform Wynd.
Glycomine digs into $12m series A
Pharmaceutical company Chiesi Group’s strategic investment unit has become an investor in Glycomine, which develops replacement therapies for rare diseases.
Apama climbs to $19.5m
US-based medical device developer Apama Medical has closed a $13m series C round featuring Ascencion Ventures, the corporate venturing arm of healthcare provider Ascension Health. Existing investors including Onset Ventures, Incept and Medvance Incubator Partners took part in the round alongside various angel investors. Silicon Valley Bank provided a debt facility of up to $6.5m,… Continue reading Apama climbs to $19.5m
AllMobilize amasses $15m in series B+ round
Cloud computing technology developer AllMobilize had raised $10m in a June 2015 series B round that featured IDG Capital Partners.
Petuum collects Tencent in $15m series A
The artificial intelligence and machine learning development platform expects to send its first products to market early next year.
Emera powers up Dalhousie University accelerator
The energy company has provided $7m for the university’s IdeaHub engineering accelerator, which is also supported by Clearwater Seafoods and Micco Companies.
Mofangge crams in $22m
The online education provider, a graduate of software provider Microsoft’s Beijing accelerator and a portfolio company of the Fosun-backed Kinzon Capital, raised the funds across series B and B+ rounds.