Tire recycling technology provider Black Bear Carbon has received $12.8m in a round backed by both corporates.
Category: Uncategorised
Boehringer Ingelheim greets ViraTherapeutics in $245m purchase
Cancer drug developer ViraTherapeutics has been acquired by Boehringer Ingelheim, three years after the corporate led its series A round.
Packet opens up to let in $25m
Samsung Next, JA Mitsui Leasing and existing investors SoftBank and Dell Technologies Capital all chipped in to Packet’s series B round.
State Farm plants $100m in investment fund
State Farm has become the latest insurance firm to get involved in corporate venturing, launching a vehicle called State Farm Ventures.
Epic applies itself to $52m series E
Oncology diagnostics technology developer Epic Sciences, whose investors include Genomic Health, Pfizer and Roche, has now raised at least $135m in total.
Westwing to take flight in $139m IPO
Rocket Internet-backed online furniture retailer Westwing aims to raise $139m in an initial public offering in Frankfurt.
WeWork gets a new Teem in $100m deal
GE Ventures and NGP Capital have exited workplace software provider Teem in a $100m acquisition by WeWork.
Lithia makes Shift in $140m series D
Automotive sales services provider Shift Technologies raised debt and equity financing in a round led by Lithia Motors and backed by BMW i Ventures.
News round up 24 September 2018
A round up of all the news on www.globalcorporateventuring.com for our subscribers.
News round up 17 September 2018
A round up of all the news on www.globalcorporateventuring.com for our subscribers.
NetGear draws up Meural acquisition
Electronic art frame producer Meural has been acquired by NetGear less than a year after the corporate took part in its series A round.
CrossLend accesses SolarisBank and ABN Amro
The banks, both now strategic partners of debt marketplace CrossLend, have also invested in a $16.2m round for the company.
Locix locates series B funding
Murata Manufacturing led a round of undisclosed size for the spatial data technology developer, whose backers include Sumitomo, iRobot, Acer, Yaskawa and NTT Docomo.
Main Sequence rearranges fund to reach $167m
Lockheed Martin was among the limited partners that helped Main Sequence Ventures add almost $95m to its Csiro Innovation Fund 1.