US-based game developer Trion Worlds closed an $85m series D round on Thursday from investors including Bertelsmann Digital Media Investments (BDMI), the corporate venturing fund belonging to media conglomerate Bertelsmann. The round was led by the Ontario Teachers’ Pension Plan (Teachers’). The news follows an announcement made in October by Trion Worlds chief executive Lars… Continue reading Bertelsmann builds on Trion Worlds funding
Author: Robert Lavine
Motorola Solutions scores highly for Retailigence
Retailigence, a US-based company operating a local marketing application that links users and retailers, secures funding from the corporate venturing fund belonging to Motorola Solutions.
Motorola Mobility makes friends with Shaker
Social communication platform Shaker has added to the $18m in funding raised so far with an investment from Motorola Mobility Ventures, as it launches in the US.
Connecticut Innovations doses funds to Biorelix
The Connecticut state government-funded investment fund takes the antibiotics researcher to an estimated more than $43m raised, with signatories on its previous filing from Novartis’ corporate venturing unit.
Kiwi Crate packs in another round
Children’s arts and crafts delivery service Kiwi Crate secured $5m in series A funding yesterday in a round led by Comcast Ventures, the corporate venturing fund belonging to cable and telecom corporation Comcast, following on from an October seed round that raised $2m. Also participating in the round were venture capital firms First Round Capital… Continue reading Kiwi Crate packs in another round
RaNA cracks the funding code
Monsanto and GlaxoSmithKline are joining founder investor Atlas Venture in financing RaNA Therapeutics, which specialises in genetic research.
Bertelsmann goes to University
The media conglomerate is an anchor investor in University Ventures, a $100m fund that will partner with higher education institutions to launch innovative, digitally-based educational programs.
SFR gets in amongst G-cluster
France-based SFR joins Intel Capital backing G-cluster, a Japan-based company providing technology for video and gaming access.
FashionStake goes for Fab opportunity
Design-oriented deals platform Fab.com has followed up a $40m series B round by acquiring its fashion-focused peer FashionStake.
Genentech charts potential in Constellation
Roche, through its Genentech subsidiary, is investing $95m in SR One-backed Constellation Pharmaceuticals as part of a partnership to develop a new breed of gene-based drugs.
Susquehanna invests in iCIMS talent
The private equity division branch of financial group Susquehanna has invested $35m in iCIMS, the already profitable developer of a software platform for recruitment.
Google helps Bionic Panda climb higher
Mobile games company Bionic Panda secured an undisclosed amount of seed funding on Tuesday from investors including Google Ventures, the corporate venturing unit belonging to internet company Google. Google was joined in the round by investment firm Norwest Venture Partners, early stage venture capital firm SoftTech VC, startup accelerator 500 Startups and additional angel investors.… Continue reading Google helps Bionic Panda climb higher
Facebook IPO could be set for May
Social networking company Facebook has set aside the third week of May for its initial public offering (IPO), according to news provider All Things Digital. The expectation would therefore be for Facebook to file with the Securities & Exchanges Commission within the next month, given the usual time period given over for IPO reviews by… Continue reading Facebook IPO could be set for May
Blackstone switches on PQ Energy
In addition to receiving funding from Blackstone, PQ is seeking further partnerships with power generation companies as it looks to develop a power generation business that stretches through Europe.