Technicolor joins corporate peers Capitol Broadcasting and Cisco as an investor in Digitalsmiths, which is also backed by venture capital firms .406 Ventures, Aurora Funds and Chrysalis Ventures.
Category: Deals
YetiZen incubates gamers
Instead of providing cash, YetiZen will offer space and three months of mentoring from its advisers, who include Jeff Karras of Singtel Innov8 and Patrick Chung of SK Telecom Ventures, in return for equity.
NVP looks along TimeSight Systems
VC firms Contour Venture Partners and New Venture Partners are in TimeSight’s consortium, while a regulatory filing said the portfolio company raised $3.2m from 10 investors.
Yandex starts seed fund
Yandex.Factory will invest up to hundreds of thousands US dollars in Russian and international projects at their seed or early investment stage.
Oxford Nanopore fits in $41m
Oxford Nanopore Technologies, a UK-based developer of human genome technology, has raised £25m ($41m) from a consortium including its DNA sequencing marketing partner, Illumina UK. The other investors in Oxford Nanopore, which is valued in the round at £155m, included hedge fund Lansdowne Partners, London-listed developer of intellectual property-based businesses IP Group, mutual fund manager… Continue reading Oxford Nanopore fits in $41m
Avatar Ventures displays $0.5m
Avatar Ventures, a US-based mobile phone adapter to display text messages and wireless emails on a car dashboard, has raised $500,000 in a private placement from a non-US corporation.
O’Reilly stays true to Fidelis
Alongside O’Reilly AlphaTech Ventures in Fidelis’ series A round are venture capital firm Accel Partners, Novak Biddle and Ulu Ventures and angel investors.
Scripps finds pearl in Oyster
As part of the deal, Travel Channel and TravelChannel.com will have access to exclusive Oyster.com content and each brand will also work on programming and cross-platform promotional opportunities.
Akebia takes funding to $50m
Novartis Venture Fund and Venture Investors, a venture capital (VC) firm investing in university technology transfer start-ups throughout the Midwest of America, co-led the $22m B round for Akebia Therapeutics.
Peacock wins with Bigpoint exit
US-based cable company Comcast’s Peacock Equity corporate venturing fund will sell its holdings to US-based growth equity investors Summit Partners and TA Associates, whose $350m funding in Bigpoint is the second-largest investment in an online gaming company.
Oman bids for Indian exchange
Sovereign wealth fund Oman Investment Fund is reportedly to buy about 5% in Universal Commodity Exchange (UCX), an India-based multi-commodity exchange.
Samsung deals with TCL
TCL owns 55% of China Star and Samsung will buy its 15% stake for RMB1.5bn ($230m) from Shenzhen Shenchao Technology Investment, a venture capital firm owned by the government of Shenzhen City.
OpenPeak scales latest fundraising
In a regulatory filing first seen by news provider Citybizlist, seven investors have provided the money and the company has directors from Castletop Capital, Watermark Medical, Thomson, Ritchie Capital, Blackstone Group and GMG Capital Partners.
GE finds Momentive catalyst
Momentive plans to raise up to $862.5m in its initial public offering, according to its regulatory filing. Apollo owns 89.5% of Momentive, with GE Capital Equity Investments, a subsidiary of General Electric, holding 8.9%.