South Africa-based media conglomerate Naspers has linked up through a circuitous route with a funder of social networking website Facebook in order to back a Brazilian fashion website.
Category: Deals
SAP agrees first Latin American deal
SAP Ventures, the corporate venturing arm of the German enterprise software company, has agreed its first investment in Latin America.
Pronota finally closes second funding round
Belgium-based life sciences company Pronota has finally closed its second round of funding after nearly a year with a final total of €7.9m ($9.8m). Johnson and Johnson Development Corporation, the in-house venture capital arm of the US-based consumer and medical goods company, and MP Healthcare Venture Management, a jointly-owned subsidiary of Mitsubishi Tanabe Pharma Corp and… Continue reading Pronota finally closes second funding round
Swisscom connects with Poken investment
Swisscom Ventures, the in-house venture capital division of the alpine telecoms operator, has led a $1.8m investment in Poken, a Switzerland-based company that produces a keychain for connecting to social networking platforms.
Miclot joins Breathe with cash intake
Veteran respiratory technology company leader John Miclot has joined US-based Breathe Technologies after it closed its third round of funding at $23m.
Waste Management goes green for plastics
US-based cleaning company Waste Management has made a strategic investment in MicroGreen Polymers, a firm developing technology to reduce the amount of plastic required in consumer products.
Dow Venture sifts water deal
Dow Venture Capital, the in-house investment division of the US chemicals company, has invested $3m as part of a second round of funding for Clean Filtration Technologies.
Publishers offer support to LibreDigital’s expansion
Publishers have continued to support US-based LibreDigital’s expansion of its online warehouse and distribution platform after it raised $8.1m in third-round funding.
SR One shows no nerves in funding NeuroTherapeutics
Drug company GlaxoSmithKline’s in-house venture capital division has co-led the $43m second round of funding for US-based NeuroTherapeutics Pharma.
Alstom latest spark to fund BrightSource
The host of corporate venturers backing US-based solar power producer BrightSource Energy has increased as part of a $150m fourth funding round.
Toyota takes minority stake in Tesla
Toyota Motor Corporation has bought a share of US-based electric car maker Tesla Motors as part of a joint development.
Cisco gazes on CoreOptics purchase
US-based IT equipment company Cisco has agreed to buy CoreOptics for just under $100m and slightly more than its venture capital backers invested.
Venturers invests for Zend development
Zend Technologies, a US-based provider of software for developing and deploying hypertext preprocessor (PHP) applications to produce dynamic websites, has raised $9m in its sixth round of funding.
Vostu gains $12m in New York move
Intel Capital-backed Vostu, a Spanish-language social networking and gaming site based in Brazil, has relocated to New York with $12m in equity funding, according to a filing with the US Securities and Exchange Commission posted by news provider citybizlist.