The biofuel company has brought its series C round a year ahead of schedule with energy companies BP, General Electric and ConocoPhillips joining J.F. Shea and Google in financing the round.
Author: Robert Lavine
Shanghai ventures into the future
Shanghai International Group (SIG), the investment fund run by the Shanghai Municipal Government, has raised RMB7bn ($1.1bn) for a new investment fund, according to Chinese finance newspaper Shanghai Securities News. Of the CNY7bn figure, CNY5bn has been raised from a combination of institutional investors, including backers from Europe and the US, and state-owned enterprises. The… Continue reading Shanghai ventures into the future
Apigee reaches new funding peak
The SAP and Juniper-backed computer interface technology firm raises $7m in a series E round that brings its total funding past the $65m mark.
$2.7m invested in Just.me
The social networking start-up, still in stealth mode, has gained $2.7m to add to a seed round supported by Google and Crunchfund.
Riverbed looks to Expand
Expand Networks, which went into receivership in October, is set to be acquired by its network optimisation rival Riverbed Technology for a reported $10m.
Call Genie conjures with VoodooVox
Disney and Softbank-backed mobile advertising network VoodooVox is being acquired by Call Genie, with Call Genie stock making up the bulk of the payment.
STC’s venturing fund gets Islamic support
STC Ventures the corporate venturing fund set up by Saudi Arabia-based telecommunications company Saudi Telecom (STC), was praised on Wednesday by a delegation from the Islamic International Foundation for Economics and Financing. The $50m fund was launched on 21st November in conjunction with growth management firm Iris Capital, and will invest in small and medium… Continue reading STC’s venturing fund gets Islamic support
Cyan Optics colours in an extra $10m
The software support system developer, which has previously seen investment from Juniper, takes its total funding to nearly $100m after a series F round.
SpaceCurve reaches for the stars
The data analysis software company has raised $1.5m from backers including Reed Elsevier.
Merck tests the waters with Daktari
The pharmaceutical corporation leads a $10m funding round for Daktari Diagnostics, which develops HIV testing equipment for use in developing countries.
Xiaomi puts its smarts to raising cash
The low-end smartphone manufacturer has raised $90m in its series B round, with investment from Qualcomm and IDG.
Broadlight in talks with Broadcom
Broadcom is reportedly in talks to add embedded processor developer Broadlight to its stable of acquisitions.
Burrill & Co. launches new fund
The $313m fund, launched by financial services company Burrill & Company, will focus on life sciences businesses.
Lockerz goes Off & Away
Social commerce company Lockerz has acquired travel services website Off & Away.