AAA Weekly corporate venturing deal net: 8-12 December 2014

Weekly corporate venturing deal net: 8-12 December 2014

Solidia Technologies, the US-based creator of a system that can produce building materials from carbon dioxide, secured an undisclosed amount of series C funding on Tuesday from chemicals company BASF, petroleum producer BP, Total Energy Ventures, which acts as the corporate venturing subsidiary of petroleum company Total, building materials provider Lafarge, Kleiner Perkins Caufield & Byers, Bright Capital and additional private investors. As of March this year, Solidia had raised $77.8m in funding since 2001.

US-based closed-loop marketing software and media services company Integrate received $5m in financing on Tuesday from venture debt provider Trinity Capital Investment. Integrate has now raised $40m in debt and equity from backers also including Liberty Global Ventures, the corporate venturing unit of telecommunications company Liberty Global, Comcast Ventures, which performs the same function for cable service provider Comcast, and Foundry Group.

Gestigon, a Germany-based developer of tracking and gesture control software, has closed a series A round having raised an undisclosed seven-figure dollar amount from corporate-backed venture capital fund High-Tech Gruenderfonds and MBG-SH. The two investors previously supplied seed funding for Gestigon in January 2013.

Pharmaceuticals manufacturer Guangxi Wuzhou Zhongheng invested $3m in Integra Holdings, the US-based holding company for Yissum, the technology transfer company of Hebrew University of Jerusalem, on Monday. The capital, provided through subsidiary Guangxi Wuzhou Pharmaceutical Group, will be used to advance Yissum’s portfolio companies, and to create new ones based on technology from the university.

Enercast, a Germany-based provider of power forecasts for renewable energy installations, raised an undisclosed sum from Innogy Venture Capital, the corporate venturing arm of energy company RWE, and High-Tech Gruenderfonds on Monday. The funding, which follows a $2.8m series A round backed by both investors in 2012, will support additional growth in Europe as well as the company’s entry into the US.

China-based mobile e-commerce firm Daling.com has raised an undisclosed amount of funding in a series B round led by private equity firm Capital Today which also featured IDG Capital, the China-based corporate venturing affiliate of media and data company IDG, and VC firm Sequoia Capital, China Money Network reported on Thursday. Daling specialises in selling foreign name brands to Chinese customers online.

City of Hope, a research and treatment centre for diseases including cancer and diabetes, supplied $2.3m in series A funding for US-based advance care planning provider Lumināt on Thursday. The funding, which represents the first venture investment from City of Hope, follows a $750,000 seed round.

Jordan-based weather services provider ArabiaWeather secured $2m on Wednesday in a round led by VC fund Badia Impact Fund that also featured internet holding company Jabbar Internet Group, Maktoob, Dash Ventures and MENA Venture Investments. The cash will support an expansion in the company’s products and infrastructure in 2015.

Active Sonar, the Japan-based operator of luxury brand consignment app Reclo, has raised $2m from corporate-backed joint venture fund B Dash Ventures and Future Investment, The Bridge reported on Wednesday. The funding coincided with Reclo’s launch of a 48-hour flash sales app called Flip.

US-based predictive analytics technology developer Framed secured $2m on Friday in a seed round backed by Google Ventures, internet company Google’s corporate venturing fund, along with Innovation Works, Jotter Investment, NYU Innovation Venture Fund and several angel investors. The cash will be invested in building the startup’s predictive analytics technology and hiring additional staff.

Mobile technology producer Xurpas has acquired a 21.7% stake in Philippines-based game developer Altitude Games for an undisclosed amount, Tech in Asia reported on Friday. Xurpas, which raised $30m from an initial public offering last week, is making the investment to expand its mobile content and services portfolio.

Thailand-based social media e-commerce platform Page365 raised $420,000 in seed funding on Thursday from Galaxy Ventures, a venture firm backed by gaming services company Ini3 Digital, and Inspire Ventures. The startup has developed a dashboard interface for online merchants who sell goods through social media platforms such as Facebook.

Multiphoton Optics, a Germany-based startup manufacturing 3D laser lithography equipment, raised an undisclosed sum from an early-stage round led by High-Tech Gruenderfonds on Tuesday. Fraunhofer Venture and Boris Neubert also contributed money to the round.

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