Podcast: Play in new window | Download
Four Singapore-based companies – real estate company CapitaLand, data centre provider DeClout, agribusiness Wilmar and logistics provider YCH Group – have been awarded S$40m ($29.2m) to back local startups.
Johnson & Johnson expands JLabs to Canada.
Invitalia boosts fund to $74.5m.
US-based venture capital firm Geodesic Capital closed its inaugural fund at $335m with an anchor investment from Mitsubishi Corporation, a member of Japan-headquartered conglomerate Mitsubishi Group.
Intesa Sanpaolo partners Quadrivio for $135m fund.
United Media commits to $305m Meridian Capital China fund.
Liberty Mutual forms $150m fund with August investment.
Russia-based cybersecurity software provider has launched a corporate venturing unit that will invest up to $1m in startups.
E.Ventures, the Germany-based venture capital firm that counts mail order and e-commerce company Otto Group as a major investor, closed a $150m early-stage fund.
Caterpillar Ventures, the corporate venturing arm of construction equipment producer Caterpillar, provided an undisclosed amount on Tuesday for the latest fund to be raised by Switzerland-based venture capital firm Emerald Technology Ventures.
US-based messaging platform Slack Technologies has hired Jason Spinell as an investor for its corporate venturing unit, Slack Fund.
Bernhard Gold has left T-Venture, a corporate venturing subsidiary of telecommunications firm Deutsche Telekom, to join France-headquartered venture capital firm Iris Capital as managing director of its North American office.
US-based flat panel display technology developer Kateeva completed an $88m series E round with contributions from several corporate investors.
Personal Capital, a US-based digital wealth manager that counts financial services firms BBVA and USAA as strategic investors, secured $75m in funding yesterday.
Private equity firms Coller Capital, HarbourVest Partners and Lexington Partners are among the prospective bidders for a venture capital portfolio set to be sold by semiconductor maker Intel for about $1bn.
Intel sells half its stake in Intrasoft.
“Funky Chunk” Kevin MacLeod (incompetech.com)
Licensed under Creative Commons: By Attribution 3.0