The sports game developer closed a $600,000 funding round with participation from investors including the Singapore government-backed Infocomm.
Author: Robert Lavine
Deutsche Telekom lights the way to Skorpios
Deutsche Telekom has joined fellow telecommunications firms Ericsson and Nokia Siemens in backing optics specialist Skorpios Technologies.
Gruenderfonds’ stake in Terrawater flows to Taprogge
High-Tech Gruenderfonds, the venture capital firm backed by the German government and a host of Germany-based corporations, exited water filtration technology company Terrawater yesterday, selling its stake to Taprogge Esaco, a holding company for Germany-based clean technology firm Taprogge. High-Tech Gruenderfonds contributed to a €600,000 ($420,000) seed round for Terrawater in September 2007, while Taprogge… Continue reading Gruenderfonds’ stake in Terrawater flows to Taprogge
Sham backs Cytoo for real
The life sciences technology company has taken its funding past the $15m mark with mutual insurance firm Sham co-leading the round.
Dr Falk diagnoses deal with Zedira
Biopharmaceutical company Zedira has followed up funding from High-Tech Gruenderfonds and R-Biopharm by licensing development of its celiac disease treatment to Dr Falk.
AT&T, Juniper and Akamai face off for Cotendo
Juniper Networks-backed content delivery company Cotendo is reportedly about to be acquired, with rival Akamai facing competition from AT&T and Juniper as potential buyers.
6Wunderkinder goes Atomico
Germany-based mobile application (app) developer 6Wunderkinder secured $4.2m in funding on Wednesday last week from Atomico, the venture capital firm set up by Kazaa and Skype co-founder Niklas Zennstrӧm. 6Wunderkinder secured €500,000 ($665,000) of seed funding in December last year from corporate-backed venture capital firm High Tech Gründerfonds. This was followed by a further, undisclosed… Continue reading 6Wunderkinder goes Atomico
St Ives moves forward with Evolved
The Evolved Group has picked up investment from St Ives, which has acquired a 15.8% stake in the e-book conversion software developer.
Google seeks big return from Pocket Change
The mobile application monetisation platform has changed its name from Lunch Money, and picked up $1m in seed funding from investors including Google Ventures.
Clovis raises $130m from IPO
The cancer research company raised $130m from its initial public offering.
Google won’t renew energy initiative
Internet company Google retired its Renewable Energy Cheaper than Coal fund on Tuesday as part of a ‘spring cleaning’ operation that saw it shut down several projects initiated by the company which it feels it can no longer successfully sustain. Renewable Energy Cheaper than Coal operated as part of Google.org, the firm’s philanthropic division, with… Continue reading Google won’t renew energy initiative
Mitsui, ADM team with New Hope
The agribusiness firm is reportedly teaming up with Mitsui and Archer Daniels Midland to establish a corporate venturing fund that will operate outside of China.
Maybank launches $500m cleantech fund
The Malaysian financial services firm is launching the private equity fund in conjunction with investment units connected to the World Bank and US government, and will prioritise power generation infrastructure.
Radius measures the distance ahead
The pharmaceutical company has received the second tranche of a $91m series D round backed by companies including GE, Ipsen and Nordic Bioscience.