The Taiwan-based financial services firm is aiming to raise up to $300m in funding for a corporate venturing unit which will operate in mainland China.
Author: Robert Lavine
Google Ventures gets Milk
Mobile application (app) developer Milk Studios has followed up a $1.5m seed round by attracting a $200,000 investment from Google Ventures.
Cloudera floats to another $40m
The software firm has raised $40m in series D funding from investors including In-Q-Tel, taking its overall financing to $76m.
GE fund ties itself to NanoString
US-based life sciences technology company NanoString Technologies closed its series D funding round yesterday, having raised $20m from a pool of investors including GE Capital, Equity, which acts as the private equity investment unit for energy conglomerate General Electric. The investment was the first made as part of the GE Healthymagination fund’s commitment, made in September, to spend… Continue reading GE fund ties itself to NanoString
Bharti Airtel and Singtel start up for India
Singtel Innov8 is following up its investment in telecom company Bharti Airtel by jointly organising a startup weekend in Gurgaon, India.
Tigo Energy absorbs another $5m
The Clal and Investec-backed solar energy efficiency company is gaining a further round of series C funding worth $5m.
Universum’s cash guides Evisors through seed period
US-based online consultancy marketplace Evisors secured $600,000 in seed funding on Thursday from investors including Nebula Ventures, the corporate venturing unit for employer branding firm Universum Global, and angel investor consortium New York Angels, according to technology finance website TechCrunch. Evisors provides a link between experts and small business customers via phone and e-mail, and… Continue reading Universum’s cash guides Evisors through seed period
Tracelytics draws Google Ventures’ attention
US-based performance management software developer Tracelytics secured $600,000 in seed funding on Friday from corporate venturing unit Google Ventures, venture capital firm Battery Partners and private equity firm Flybridge Capital Partners, and several unnamed angel investors. The funding was announced as Tracelytics launched its software-as-a-service web product, allowing users to manage performance of web applications… Continue reading Tracelytics draws Google Ventures’ attention
Verastem looks to grow with IPO
The oncological biopharmaceutical research company is looking to raise up to $50m from an initial public offering less than 18 months after its inception.
Angie’s List notes down IPO details
US-based consumer reviews website Angie’s List has set the stage for its initial public offering (IPO) on Wednesday, filing with the US Securities & Exchnges Commission. The IPO is set to raise up to $131.5m. Angie’s List has raised $132.5m in capital since 2006. The principal shareholders who would profit from an exit include boutique… Continue reading Angie’s List notes down IPO details
Compuware sets up a corporate venturing unit
Compuware Ventures, which acts as the corporate venturing unit for enterprise software firm Compuware, has already invested in three local startups.
Xuzhou launches investment machine
Construction machinery manufacturer XCMG has launched an investment unit, which will provide corporate venture funding alongside more conventional services.
High-Tech Gründerfonds II up and running
Ernst Burbacher, the parliamentary state secretary at the German Federal Ministry of Economics and Technology, launched the second High-Tech Gründerfonds fund on Thursday 27th October. The High-Tech Grunderfonds II fund will invest up to €500,000 ($692,000) of seed funding in Germany-based high-tech startups. High-Tech Gründerfonds I was initiated in 2005 as a joint initiative by… Continue reading High-Tech Gründerfonds II up and running
BGF teams with the Scottish Venture Fund
The Business Growth Fund and the government-backed enterprise fund the Scottish Venture Fund have formed a partnership to invest in Scotland-based business.