The chief executive of Chesapeake Energy details his company’s plan to invest more than $1bn in corporate venturing projects designed to stimulate the demand for natural gas.
Author: Toby Lewis
SoCal Gas heats up Tecogen
The gas provider joins about 100 investors in the natural gas technology products company.
Gaming company plays with $10m fund
Social gaming company CrowdStar sets up its own seed fund, after it secured backing from Intel Capital, Time Warner and The9.
Tencent buys HK$892m Kingsoft stake
Tencent has bought a 15.68% stake in Hong Kong-listed software company Kingsoft for HK$892m ($114.4m).
Ubisoft rides away with Innovacom-backed Owlient
The chief executive of Owlient, which makes horse riding games, thanked his backers at France Telecom venturing unit Innovacom for its support as a shareholder.
Theo Mueller drinks to Chinese milk
Mueller Milch has joined Olympus Capital Holdings Asia and California Technology Ventures backing Huaxia Dairy in a $45m funding round.
BMW drives into second deal
The company’s corporate venturing unit invests in its second deal, ParkatmyHouse, after it was set up this year with up to $100m to invest.
Kaiser Transcend(s) with $51m
The latest funding takes Transcend Medical to more than $60m raised in its history, based on the reported size of its first funding round.
Tengelmann backs Deal United
Tengelmann joins media group Bertelsmann backing the fast-growing e-commerce company.
Nestle sips extra kiwi juice stake
A health unit of Nestle has taken part of the business, which it first reportedly backed through an affiliate in 2005.
Syncbak tunes up $5.6m round
The internet streaming company, backed by television company Northwest Broadcasting, raises $7.2m in total, based on the reported value of an earlier funding round.
Qteros steps on the fundraising gas
The BP and Valero-backed developer of biofuels is reportedly eyeing a rough 80% hike of the amount it has raised from venture capital firms.
Groups tap into Swype deal
Samsung Ventures, Nokia Growth Partners and NTT’s Docomo Capital have invested alongside venture capital firms Benaroya Capital and Ignition Partners in the $6m series C round, after US-based touchscreen keyboard company Swype had already raised $3.5m in a first close in March. Swype raised $6.6m in a series B round from investors including Docomo, Nokia… Continue reading Groups tap into Swype deal
AOL, Google joined in Crittercism
The US internet services firms have paired for at least a second time to back a graduate of the AngelPad accelerator programme along with Kleiner Perkins Caufield & Byers and others.