Non-profit research partnership the Structural Genomics Consortium adds Pfizer and Eli Lilly to its consortium as it closes a funding round worth nearly $50m.
Author: Robert Lavine
CTV finds help from BrightSource
Chevron Technology Ventures (CTV), the corporate venturing unit of US-based energy conglomerate Chevron, on Monday launched a demonstration project to test the viability of using solar energy in oil production. The technology, engineering and construction will be handled by US-based solar energy company BrightSource Energy, a recipient of CTV investment. CTV was one of BrightSource’s… Continue reading CTV finds help from BrightSource
Mobeam scans for interest from corporates
US-based retail technology company Mobeam closed its series A round on Monday, raising $4.9m from corporate venturing unit Samsung Ventures, Japan-based conglomerate Mitsui, Yet2ventures, the corporate venturing division of online open innovation marketplace Yet2, and further unnamed investors. Mobeam’s light-based communication (LBC) technology allows customers to download barcodes for promotions or sales on to their… Continue reading Mobeam scans for interest from corporates
Quantance recharges for $11m round
The power supply manufacturer has raised further funding from existing investors including DoCoMo.
Siluria sniffs out $20m from investors
US-based natural gas conversion company Siluria Technologies secured $20m in series B funding on 27th September from investors including UK-based foundation The Wellcome Trust, which led the round. Wellcome was joined in the round by Presidio Ventures, the corporate venturing unit of Japan-based conglomerate Sumitomo, Altitude Life Science Ventures, the venture capital fund representing the private… Continue reading Siluria sniffs out $20m from investors
Aquamarine powers to next funding round
Aquamarine has obtained funding from corporate and governmental sources as it looks to develop its marine energy technology.
Carecloud floats to $20m round
US-based healthcare IT company Carecloud closed a series A round of funding on Tuesday worth $20.1m, led by corporate venturing unit Intel Capital with investment firm Norwest Venture Partners also participating. The figure includes the conversion of $3.8m from debt to equity. Carecloud previously raised more than $7.3m over two seed rounds in 2010, garnering… Continue reading Carecloud floats to $20m round
Salesforce finds a way into Box.net
Online content storage company Box.net has reportedly attracted financing from Salesforce, as the two firms begin to link their services.
Parking In Motion finds a space for investment
US-based parking technology company Parking In Motion (PIM) closed its series A round on Wednesday, having raised an undisclosed amount from IDG Ventures, the US-focused corporate venturing unit of technology media conglomerate the International Data Group, and investment firm Fontinalis Partners. PIM provides real-time parking data for more than 500 cities across North America through… Continue reading Parking In Motion finds a space for investment
Comcast Ventures erects new portfolio company
Comcast Ventures, the corporate venturing division of US-based cable and telecommunications corporation Comcast, has launched an additional portfolio company known as CTI Towers. Comcast Ventures was formed in May when Comcast’s previous corporate venturing unit, Comcast Interactive Capital, merged with NBC Universal’s Peacock Equity Fund as part of Comcast’s acquisition of the media conglomerate. CTI… Continue reading Comcast Ventures erects new portfolio company
BlackBerry Partners Fund helps set up mDialog
The online advertising service has closed a series A round, financed by the corporate-backed fund.
No halt to Yieldex funding
US-based online advertising optimisation company Yieldex secured $10m of investment today in a series C round led by Hearst Interactive Media, the corporate venturing division of US-based media conglomerate the Hearst Corporation, and venture capital (VC) firm Triangle Peak Ventures. The investors in the round also included online retailer Amazon.com, VC firms Sequel Venture Partners… Continue reading No halt to Yieldex funding
Google and Intel take a taste of SweetLabs
US-based software developer SweetLabs closed a series C funding round worth $13m, led by corporate venturing unit Intel Capital yesterday. Also participating were Google’s corporate venturing division, Google Ventures, and venture capital firm Bessemer Venture Partners. Founded in 2008, SweetLabs creates products that aid software developers, the first being the advertising network OpenCandy. Open Candy… Continue reading Google and Intel take a taste of SweetLabs
For Google, all signs point to Yesware
US-based e-mail productivity service Yesware closed a $1m of series A round on Tuesday with corporate venturing unit Google Ventures, venture capital firm Foundry Group and several angel investors making up the backers. Yesware is a software that increases e-mail productivity for businesses with the use of analytical tools, customisable templates and customer relationship management… Continue reading For Google, all signs point to Yesware