Online retail company Rakuten has acquired the Indigo-backed eBook company Kobo for $315m.
Author: Robert Lavine
Tres Amigas powers up with $3m
The American Superconductor-backed power grid company, which is aiming to build a SuperStation, has pulled in $3m in funding, according to a filing with the SEC.
WhaleShark makes a splash with $150m
JP Morgan and IVP are investing $150m in the Google-backed online coupon marketplace as it prepares to expand further by making more acquisitions.
IHI energises A123 Systems
Lithium ion battery company A123 Systems has licensed its technology to IHI Corporation, and will receive $25m of equity in return.
Bitzer Mobile gets moving with $4.8m
The mobile enterprise startup has raised $4.8m in its series A round with Chevron Technology Ventures among the backers.
Potential investors watching Videocon’s TV division
India-based electronics and home appliances conglomerate Videocon Industries is looking to sell a 25% share of Videocon D2H, its satellite television broadcast division, for between $75m and $100m, according to a report by news agency Reuters on Friday last week. Reuters added that Videcon is currently in talks with private equity firms concerning the sale,… Continue reading Potential investors watching Videocon’s TV division
Intel begins search for Innovators
Intel Capital, in conjunction with SV Angel and Betaworks, has launched its Intel Innovators program on Facebook, and will invest $100,000 a month in entrepreneurs ages between 18 and 24.
Lashou sets targets for IPO
The group buying website is seeking up to $92m from its initial public offering (IPO).
Invensense moves towards IPO
The Qualcomm-backed motion-sensor chip developer has priced its shares lower for its forthcoming initial public offering.
Urban Airship takes off with $15m
The mobile development platform company has followed up its acquisition of SimpleGeo by raising $15.1m in financing from backers including Verizon and Salesforce.com.
Softbank provides soundtrack for Schematic
Mobile app developer Schematic Labs has secured $4.8m in series A financing from investors including Softbank Capital, to add to its Google and AOL-backed seed round.
Gree Ventures sets sights on Indonesia
The newly formed corporate venturing fund will be investing half of the $26m earmarked for internet startups, in Indonesia.
Comcast and IDG feed Iddiction
Iddiction, a startup concentrating on assisting small mobile application (app) developers with ease of distribution, has obtained $3.5m in seed funding from investors including Comcast and IDG, as it prepares to go public.
Biognosys is promising for Syngenta
Switzerland-based bioscience research tool manufacturer Biognosys closed a CHF2.7m ($3m) series A round on Monday last week with participation from backers including Syngenta Ventures, the corporate venturing unit for agribusiness company Syngenta. Ignacio Martinez, a principal in Syngenta Ventures, has joined Biognosys’ board. Joining Syngenta Ventures in the round were ZKB Startup Finance, the corporate… Continue reading Biognosys is promising for Syngenta