The corporate took part through its Motorola Solutions Venture Capital unit, helping to boost wearable communication device maker Orion’s total funding to more than $15m.
Author: Sam Shaw
Playbasis raises $1.9m in new funding game
The corporate gamification app developer secured the money in a series A round featuring InTouch Holdings’ early-stage investment arm.
Adbrain devises $7.5m series B
Cisco joined existing backers Notion Capital and Octopus Ventures for a round that boosted the adtech company’s overall funding to $16.5m.
$9.2m payday rolls around for PayActiv
PayActiv develops technology that helps employees access earnings early, and has followed up seed funding from SoftBank with $9.2m of new funding.
Bux stocks up with $6.7m
Holtzbrinck Ventures led the round, which the share trading app developer will put toward marketing, product development and hiring.
Citi funds new payday for C2FO
Citi Ventures has made a strategic investment in business finance marketplace C2FO, adding an undisclosed amount to the $70m it had already raised.
FinLab launches $3m second year
The $30m JP Morgan Chase-backed Financial Solutions Lab will invest up to $3m in graduates from its next batch of startups, and is accepting applications now.
Kemp Technologies loads up with $6m
Load balancing technology provider Kemp, backed by investors including Orix, has raised $6m in equity funding according to a securities filing.
Esco packages up Plastique exit for BGF
Business Growth Fund exited packaging maker Plastique, in which it invested $7.2m, through an acquisition by a subsidiary of Esco Technologies.
BGF goes full-on with Total Recycling Services investment
Bank-backed growth equity fund Business Growth Fund has invested $9.7m in waste management company TRS and recommended its new non-executive chairman.
Corporate-backed MassChallenge launches Swiss accelerator
MassChallenge, the US-based startup accelerator backed by partners including food and flavouring product manufacturers Nestlé, Givaudan and Bühler, has expanded into Europe with the launch of a Switzerland-based program. Building on experience across Boston, the UK, Israel and Mexico, MassChallenge is inviting startups from Switzerland, across Europe and the rest of the world to enter… Continue reading Corporate-backed MassChallenge launches Swiss accelerator
Simplex processes $7m for series A
The bitcoin payment processing startup has received funding from investors including bitcoin miner Cumberland and bitcoin hardware producer Bitmain.
Label Insight packages up $10m
KPMG’s corporate venturing unit led Label Insight’s series B round, which included Dunhummby and which took the product data provider’s total funding to $14m.
Business finance platform Compeon raises $2.8m
Tengelmann’s corporate venturing subsidiary joined Dieter von Holtzbrinck-backed DvH Ventures and B-to-V to fund Compeon’s series A round.