Allied Minds and Bristol-Myers Squibb are joining forces to foster biopharmaceutical research at US universities.
Author: Thierry Heles
Swisscom names Sophia as portfolio company
Swisscom participated in a series B round where Sophia Genetics raised $13.8m, taking its overall funding to more than $16.5m.
GE partners with Frost for California incubator
GE is set to collaborate with venture capital firm Frost Data Capital to form an incubator for intelligent machine and big data companies.
OMsignal sent out for $10m series A
The smart clothing company took its overall funding to $11m with a series A that included supply chain services provider Flextronics.
Dreamworks takes Fingerprint for corporate venturing portfolio
Dreamworks joined strategics including Corus and Reed Elsevier in funding the kids mobile entertainment provider, with which it could also partner.
Aereo enters limbo after court rules its product illegal
A Supreme Court judgement has rendered the business model of the IAC-backed company, which had raised almost $100m, illegal.
Atara Biotherapeutics files for IPO
The Amgen and Celgene-backed biotechnology company, which has raised $72m across two venture rounds, will use the proceeds to advance two product candidates.
Amex Ventures moves to bigger premises
American Express’s venture capital unit has moved to a new, larger premises in Silicon Valley, joining a raft of VC firms located nearby.
Cipla considers new venture fund
The Indian healthcare company is planning take on external investors for a new fund that would continue its corporate venture capital investments.
Susquehanna comes to Meet You
The technology and trading company led a $35m series C round for the female communication and period tracking app, which raised its series B less than six months ago.
GCV Symposium Day Two: The panels
The Global Corporate Venturing Symposium yesterday saw a series of panels in the main room as experts from the field discussed the major issues in the sector.
Privacy set to be key factor in personal data
Secure, encrypted data storage is set to be a crucial part of the sector’s growth in the future, according to SocialSafe chairman Julian Ranger.
Bitcoin could herald fintech future despite Mt. Gox collapse
The cryptocurrency shows potential for innovation in information, but could be blocked by the existing fintech sector, according to a panel at the Global Corporate Venturing Symposium.
Banks urged to embrace disruption
Delegates from the fintech world discussed the future of banking and currency at the Global Corporate Venturing Symposium.