Merck and Siemens sell out of VisEn Medical in exit to New York-listed medical technology company PerkinElmer.
Category: Firms
GM strikes Bright auto deal
General Motors Ventures has invested in hybrid van maker Bright Automotive.
Conatus swallows Idun Pharmaceuticals
Pfizer sells Idun to Conatus.
Trony Solar flees from public light
Intel Capital-backed Trony Solar, a China-based manufacturer of solar power parts, has withdrawn its planned US flotation plans from the regulator.
Intel dives out of Delve in exit to Limelight
Intel Capital-backed Delve Networks, a provider of online video publishing and analytics services, exits to Nasdaq-listed Limelight Networks.
Time found for AdMeld deal
AdMeld raises $15m in its series C round from Time Warner Investments and venture capital firms.
Cleveland Clinic mines Explorys deal
Cleveland Clinic Innovations, a corporate venture-style investor on behalf of the non-profit academic medical centre in Ohio, has reinvested in Explorys’ $2.55m series B round.
BlackBerry makes Payfone call
Research In Motion-backed BlackBerry Partners Fund joins $11m series B round for Payfone.
Kaplan strikes first deal from new fund
Moodlerooms, a US-based software company for online learning, raised $7.15m from Kaplan Ventures and venture capital firms.
Swisscom Ventures focuses on timing the take-off
Profile: Swisscom Ventures shows how a corporate venturing group can work in the utilities sector to build its reputation as a highly-successful and thoughtful unit.
Fresh demands led to relaunch of DTE Energy Ventures
Profile: DTE Energy Ventures shows regulatory impetus requires one of the US’s largest and most influential energy companies to use venturing as a tool to meet its renewable power goals.
Ostara shows how water utilities reclaim impetus
Case study: Ostara Nutrient Recovery Technologies shows how venture capital firms and entrepreneurs can work with utilities on innovation.
HannStar reaps strategic reward from Danen flotation
Walsin Lihwa subsidiary HannStar Display was strategic investor in Danen Technology before its successful $350m flotation.
Byun leaves Samsung Venture to start VC firm
Korea-based electronics group Samsung Group’s corporate venturing unit loses managing director Bill Byun to venture capital firm start-up.