Diamond Generating Corporation, a power generation subsidiary of diversified conglomerate Mitsubishi Corporation, invested an undisclosed amount in US-based distributed solar energy developer Nexamp on Tuesday. Founded in 2007, Nexamp raised $6.5m in a 2010 round featuring Point Judith Capital and Good Energies, and closed $4m in additional equity funding in March this year, according to a securities filing.
Holtzbrinck Digital, a subsidiary of media company Holtzbrinck Publishing Group, has invested an undisclosed amount in Germany-based online education platform Iversity, Gründerszene reported on Tuesday. Iversity declared bankruptcy a few weeks ago, after previously raising funding from $6.4m from investors including T-Venture, the corporate venturing arm of telecommunications company Deutsche Telekom, as well as BMP Media Investors and BFB Fruehphasenfonds over two rounds.
Spain-based 3D imaging technology startup Wooptix has raised €3m ($3.3m) from investors including Intel Capital, semiconductor technology provider Intel’s corporate venturing unit, El Economista has reported. Intel Capital co-led the round with Bullpen Capital, while Caixa Capital Risc, the venture capital arm of financial services firm La Caixa, also participated.
Viridis Learning, the US-based developer of a platform that uses data analytics to connect students with employers, raised $3.2m on Tuesday from Lumina Foundation, University Ventures, Carver Family Office, Serious Change, NVC Investments and undisclosed angel investors. CNF Investments and Comcast Ventures, the corporate venturing arms of construction firm Clark Enterprises and mass media group Comcast, joined backers including Blue Ridge Foundation, Dauk/Wagner Investments, Expansion Venture Capital and Ulu Ventures to invest an undisclosed sum in Viridis in 2013.
Internet monetisation software provider Geniee has agreed to invest an undisclosed amount in AdPushup, the US-based developer of a product that helps web publishers and online media companies optimise their online advertising revenue. AdPushup, a graduate of software provider Microsoft’s Microsoft Accelerator, had previously raised $630,000 in a late-2014 angel round that included VC firm Kima Ventures.
Brand Capital, the VC subsidiary of media group Bennett Coleman & Co, has invested $1.5m in India-based peer-to-peer lending platform Faircent, the Economic Times reported yesterday. Faircent raised an undisclosed amount of series A funding reported as between $2.5m and $3m from investors including JM Financial and Aarin Capital Partners in May this year, after M&S Partners provided $250,000 in June 2015 at an $8m valuation.
Anomali, a US-based cyber threat intelligence software developer backed by internet and technology group Alphabet, received an undisclosed amount of funding from In-Q-Tel, the VC arm of the US intelligence community, on Tuesday. The investment comes after Anomali raised $56m from investors including Alphabet subsidiary GV, Institutional Venture Partners, General Catalyst Partners, Paladin Capital Group, as of May 2016.
MenschDanke Capital, the corporate venturing arm of e-commerce group MenschDanke Group, participated in a seven-figure euro series A round for Germany-based financial services data provider FinTecSystems on Tuesday. The round was co-led by LittleRock and Ventech, and also featured Heilemann Ventures which, like MenschDanke, took part as an existing investor.
Biofourmis, the Singapore-based developer of a personalised physiological data analytics platform, has raised $1m in a round co-led by healthcare data product maker SpesNet and consulting firm Eden Strategy, Tech in Asia reported on Wednesday. The round also included undisclosed angel investors from the healthcare industry, and will be used for market research, development of the startup’s corporate wellness app, and the hiring and training of staff that will include data scientists and clinicians.
Sprout, the Canada-based developer of a wellness engagement platform, has received an undisclosed amount of funding from telecommunications company Telus and accelerator Techstars, which invested through its Techstars Ventures subsidiary. Telus previously invested an undisclosed sum in Sprout in May 2015.
India-based podcast aggregation platform Funcastic has raised an undisclosed amount from Mediahack.in, the accelerator launched by mass media company HT Media and investment firm North Base Media, VCCircle reported on Wednesday, citing two people aware of the development. The amount invested by Mediahack was not disclosed, but it typically provides between $50,000 and $100,000 for each portfolio company.
Ascendant Technologies, a Philippines-based software developer focusing on the medical industry, will receive $10,000 from pharmaceutical firm Takeda after winning its Takeda Digital Healthcare Innovation Challenge, DealStreetAsia has reported. Ascendant will also get the chance to work with Takeda after winning the contest, which aimed to find apps, online platforms or other digital technology that could help the treatment and management of cancer.
– Photo courtesy of Nexamp, Inc.