Syngenta licenses crop technology and intellectual property so Agrivida can develop new traits for crops, including corn, sorghum, switchgrass and miscanthus, in return for equity.
Category: Deals
Coke drinks rest of Honest Tea
In 2008, Coca-Cola, led by its Venturing and Emerging Brands (VEB) unit, purchased a minority stake in Honest Tea, an organic bottled tea company, and it has now bought the rest.
Nestle acquires portfolio company
Switzerland-based chocolate company Nestlé has acquired a portfolio company from a venture capital firm it invests in. Nestlé’s Health Science division, which was set up last year after information about disease-fighting nutrition provided by venture capital firm Inventages Group, has acquired CM&D Pharma, which provides chewing gum, called Fostrap for people with kidney disease, inflammatory… Continue reading Nestle acquires portfolio company
Agilyx strikes $22m gusher
US-listed disposal company Waste Management and Total Energy Ventures International, the corporate venturing unit of French oil major Total are new investors in Agilyx.
SingTel Innov8 blows into Bubble Motion
Infocomm Investments, a $200m wholly-owned subsidiary of the Infocomm Development Authority of Singapore, also invested in the Bubble Motion alongside SingTel Group’s corporate venturing fund and venture capital firms Sequoia Capital, Palomar Ventures and NGC.
TidalTV rises for $30m round
Venture capital firm New Enterprise Associates (NEA) led the $30m C round for TidalTV, and was joined by fellow reinvesting VC firm Valhalla Partners and Comcast Interactive Capital, the corporate venturing unit of local cable company Comcast.
FutureE Fuel Cell Solutions calls T-Venture
FutureE Fuel Cell Solutions gains an undisclosed amount from a T-Venture-led consortium.
Radian6 sells to SalesForce.com
SalesForce is paying $276m in cash and $50m in its shares for Radian6. A further $10m in stock and $4m in cash will be issued to founders and will be subject to vesting conditions over two years.
Lansons sups on Cubaka
News provider FusionDiginet said Tony Langham, chief executive of Lansons, would join Cubaka’s board and the portfolio company would relocate to Lansons’ offices but maintain its independent branding.
Finnair flies into Nordic Global Airlines
The launch of Nordic Global Airlines, an all-cargo airline, is expected later this year with minority backing by Finnair Cargo, a subsidiary of the Finnish national carrier, Finnair.
WPP promotes Visible Technologies
Joining WPP in Visible Technologies’ round were the US intelligence agencies’ In-Q-Tel quasi-corporate venturing unit, venture capital firms Investor Growth Capital and Ignition Partners and an angel investor.
Steamboat chomps on GameSalad
Venture capital firms Greycroft Partners, DFJ and ff Asset Management also invested in GameSalad’s A round alongside Disney’s Steamboat Ventures.
Games2win hits a B round
Games2win raises $6m in its series B round.
CoreLab Partners raises $4.7m
Siemens Venture Capital partner named on CoreLab Partners’ board.