Bertelsmann and others invest in startup clothing line Frank & Oak as the Montreal firm seeks to bring vertical integration to the fashion industry.
Author: Sida Liu
Synovex receives $3.5m
Big Pharma backed Bio-tech firm Synovex has reached the halfway mark for a planned $7m Series C round.
Cozy huddles up to $1.5m
Startup incubator io/LA’s Cozy, makes it’s venturing debut with financial input from Google and others.
Rainstor concludes $12.5m Series C
Enterprise data management company Rainstor continues expansion and product development with financial banking from venture companies and several multinational corporations including Credit Suisse and Dow Chemical.
Microsoft wants Klout for Bing
Microsoft’s Bing, the 2nd most popular web search engine, inks deal the Klout in a bid to offer more socially attuned results.
Fisker Automotive drives home $100m
Fisker raises $100m in Series E round amidst growing pains, seeks market expansion into the Middle East and China.
iWalk strolls to $17m
Gilde Healthcare Partners leads a $17m series D round for iWalk using its healthcare fund set up in partnership with minority stakeholder Royal Philips Electronics, a Netherlands-based technology conglomerate.
Boston Scientific acquires Bridgepoint Medical
Boston Scientific Corporation acquires pioneer firm in coronary artery disease treatment, Bridgepoint Medical, for an undisclosed sum in a bid to beef up their cardiology portfolio.
moment.me draws SingTel’s attention
Moment.me’s amalgamation app for social content receives financial support from Singapore Telecommunications.
Foundation Medicine shores up capital with $42.5m
Foundation Medicine ploughs ahead with series B financing round drawing investments from life science research firm WuXi Apptech, asset management firm CIFC and previous backers Google Ventures, and Roche Venture Fund amongst others.
Bertelsmann sees potential in Whisbi
German media company Bertelsmann’s corporate venturing unit contributes funds to online sales technology startup Whisbi, as it prepares to expand abroad.
Ubersense chases down $1.1m
Sports coaching app maker Ubersense concludes a seed round raising $1.1m from Google’s corporate venturing unit, ex-Olympian turned investor Ty Danco and venture capital firms Atlas Venture and Boston Seed Capital.
Virident raises $26m in Series D round, hires new CEO
Mitsui Global Investments led the round for the company which has previously been backed by corporates including Intel, Cisco and chipmaker Spansion.
Startupbootcamp launches HealthXL
European startup accelerator Startupbootcamp has launched its latest initiative, HealthXL in Dublin with support from both IBM and GlaxoSmithKline. The accelerator fund is designed to aid entrepreneurial teams and start-ups in bringing new and innovative technologies to the healthcare and wellbeing sector. The programme will select 10 teams who will receive a micro-investment of €15,000… Continue reading Startupbootcamp launches HealthXL