Online fashion retailer Farfetch.com brings its total funding to $24m after a round supported by investors including the Otto Group-backed eVenture.
Author: Robert Lavine
GeNO breathes in Medicines Company cash
The Medicines Company invests $8m in GeNO, which is researching nitric oxide treatments.
News Corp buys into Moby
Media conglomerate News Corporation acquired a minority stake in the Moby Group, an Afghanistan-based media company founded by four members of the Mohseni family in 2002, on Monday, investing an undisclosed amount. Additionally, News Corporation is transferring its 50% stake in Broadcast Middle East (BME), a Farsi-language television company launched as a joint venture for… Continue reading News Corp buys into Moby
Correlation analyses a $165m close
The venture capital firm, which uses detailed analytics combined with a co-investment model, has closed its inaugural fund, which was oversubscribed from its $150m target.
Verastem sowing seeds of $46m IPO
The biotechnology researcher, backed by a GlaxoSmithKline-linked venture capital firm, has set the range for its shares for its initial public offering at between $9 and $11.
Change:Healthcare shows transparent promise
Mitsui and healthcare association BlueCross BlueShield have provided funding for Change:Healthcare, a health insurance cost analysis platform.
Intel Capital goes for double take in China
Intel Capital, the corporate venturing unit operated by semiconductor manufacturer Intel, has made investments in two China-based companies, Cloud Union and Fashion Republic, according to information released by Intel on Thursday. The amount invested by Intel in each company has not been disclosed but the funding came from the Intel Capital China Technology Fund II,… Continue reading Intel Capital goes for double take in China
CrystalGenomics clear about KSLSF
The Korea Seoul Life Science Fund, which numbers conglomerate Hanwha among its backers, has invested $2.6m in biopharma company CrystalGenomics.
T-Venture moves into 9flats
Short-term apartment rentals service 9flats.com, based in Germany, secured an undisclosed ‘multi-million euro’ amount on Tuesday last week in a round led by T-Venture, the corporate venturing unit operated by telecommunications conglomerate Deutsche Telekom. Also participating in the round were venture capital firms Redpoint Ventures and eVenture Capital Partners, both existing investors. Redpoint previously led… Continue reading T-Venture moves into 9flats
Johnson & Johnson provides lifeblood for Clarimedix
US-based therapeutics device company Clarimedix secured an undisclosed amount of funding on Wednesday from the Johnson & Johnson Corporate Office of Science and Technology (COSAT), part of the pharmaceutical conglomerate’s website where innovators submit ideas to Johnson & Johnson operating companies.. Clarimedix focuses its research on disorders associated with blood vessel problems, Alzheimer’s disease among… Continue reading Johnson & Johnson provides lifeblood for Clarimedix
Room Key opens up its website
The hotel search and booking engine has launched its site in beta, and currently offers choices from its six corporate founding partners and their affiliates.
Anthemis invests for promising Payoff
Payoff.com, a US-based website helping users to save money, has picked up another $2m, taking its overall financing to $5.8m.
LVMH likes the look of Xinhe
L Capital Asia, a private equity fund sponsored by luxury goods conglomerate LVMH, made an undisclosed investment in China-based Xinhe Fashion last month (although L Capital’s website dates it in October), according to China-based newspaper China Daily, making LVMH Xinhe’s second largest shareholder. The investment is L Capital Asia’s first on mainland China, its portfolio… Continue reading LVMH likes the look of Xinhe
Jagex receives greater Insight
Recent documents show Insight Venture Partners has increased its stake in the Raine-backed games developer to 55%.