Private equity firms reportedly keen on BT’s stake in India’s Tech Mahindra.
Category: Firms
RWE launches venture fund
Germany-based power group and utility RWE found Innogy Venture Capital fund.
Constellation finds stars in CPower deal
Intel and Aster exit portfolio company CPower to Constellation Energy Group.
Creative Artists Agency adds star fund
TPG Capital agrees to form pledge fund for media sector with corporate sports and entertainment marketing group Creative Artists Agency.
Chevron rated most influential energy venturer
Having invested $190m over the past decade in technology to help its parent’s energy operations, Chevron Technology Venture Investments ranked number one in its sector.
Venture capital troubles in clean energy
Academic paper argues venture capital funds need a potentially “radical” reworking of their model to cope with clean-tech’s demands.
Third Rock incubates new venture capital model
Venture capital firm applies pharmaceutical companies’ approach to drug discovery to its business model to create an incubation partnership.
Amazon eyes BuyVIP deal
Local news providers said BuyVIP’s sale price could be about $100m if Amazon agrees purchase.
Tonchidot locates three strategic investors
Japan-based phone operator KDDI, advertising company Spire and Itochu Technology Ventures, the corporate venturing unit of industrial group Itochu invested in Tonchidot’s B round
Amyris fuels flotation surge
Flotation price of $16 per share for biofuels company Amyris less than French oil major Total’s purchase of 20% of the company in July.
Ongo gains $12m seed round
Three US publishers provide strategic investment in Ongo, a start-up company expected to launch a consumer service for reading and sharing digital news and information.
Hainan Airlines flies into fund
Hainan Airlines is to launch a $747m fund with Tianjin Yanshan Investment Management.
Novo backs Tobira Therapeutics
Tobira Therapeutics raises $31m in its series B round.
Glo lights up Nordic venture
Corporate venturing units Hafslund Venture and Agder Energi Venture back Glo, a Sweden-based developer of lights.