Investments & Deals

  • February 20, 2017

    News round up 20 February 2017

    A round up of all the latest news on www.globalgovernmentventuring.com for our subscribers.

  • February 17, 2017

    Mahle acquires O-Flexx

    NRW Bank has secured an exit as O-Flexx is acquired by Mahle for an undisclosed sum.

  • February 17, 2017

    Deal net: 13 – 17 February 2017

    The Global Government Venturing deal net rounds up all the latest smaller deals and tracks emerging companies accessing government funds.

  • February 17, 2017

    Soundtrack Your Brand queues up $22m

    Industrifonden has invested in the Spotify spinout’s latest round, joining investors such as TeliaSonera, which previously led a $15m series B in 2015.

  • February 16, 2017

    Lytro picks up pace with $60m

    The virtual reality imaging technology provider has now raised $200m in total, securing new funding in a round backed by EDBI.

  • February 14, 2017

    Empow commissions $9m investment

    The round was backed by the Office of the Chief Scientist at the Israel Ministry of Economy.

  • February 14, 2017

    Flutura heads towards $7.5m future

    Vertex Ventures has led a $7.5m series A round for industrial internet of things company Flutura.

  • February 10, 2017

    EDBI helps cover CXA’s $25m series B

    The round, which boosted insurance technology developer CXA’s total financing to $40m, attracted EDBI and NSI Ventures.

  • February 10, 2017

    Deal net: 6 – 10 February 2017

    The Global Government Venturing deal net rounds up all the latest smaller deals and tracks emerging companies accessing government funds.

  • February 9, 2017

    Detsky Mir wins $355m IPO game

    The children’s retailer has floated on the Moscow stock exchange at a valuation of approximately $1bn, providing an exit to the Russia-China Investment Fund.

  • February 9, 2017

    Kiwigrid channels series C funding

    Investors including LG Electronics and Innogy have supplied at least $11m in series C capital to Kiwigrid, providing exits to HTGF and Innogy Venture Capital.

  • February 8, 2017

    Blazing Griffin entertains $6.3m series A

    Scottish Investment Bank has supplied capital to digital entertainment group Blazing Griffin, which will use the money to set up two new development teams.

  • February 8, 2017

    CarTrade revs $55m engine

    Temasek-backed CarTrade has added $55m to its coffers, one year after closing a $141m funding round that featured the Singaporean government venturing firm.

  • February 7, 2017

    Coiney rakes in new funding

    INCJ has contributed to a $7.1m funding round for mobile payment company Coiney, which has now raised more than $21m in total.

  • February 7, 2017

    Personal MedSystems measures series B pulse

    HTGF, the Sino-German High-Tech Fund and NRW Bank are among the investors of a $5.4m series B round for medical device manufacturer Personal MedSystems.

  • February 7, 2017

    Shop.co carts off $7m

    The e-commerce technology developer has raised $7m in seed funding at a $27m post-money valuation from backers including NRW Bank and Sparkasse Dortmund.

  • February 6, 2017

    News round up 6 February 2017

    A round up of all the latest news on www.globalgovernmentventuring.com for our subscribers.

  • February 3, 2017

    Deal net: 30 January – 3 February 2017

    The Global Government Venturing deal net rounds up all the latest smaller deals and tracks emerging companies accessing government funds.

  • February 1, 2017

    Amphenol tunes into Phitek Systems

    Amphenol has acquired the audio equipment producer for approximately $60m, providing an exit to the New Zealand Venture Investment Fund.

  • January 31, 2017

    Temasek veers to Verily for $800m investment

    The Singaporean state-owned firm will acquire a minority stake in Alphabet's life sciences spinout and will take a board seat in the process.

  • January 31, 2017

    Greensync organises $8.7m series B

    Clean Energy Finance Corporation, the Australian government’s green investment bank, has supplied $3.8m for the round.

  • January 31, 2017

    Doctolib books $27.9m series C

    Bpifrance has led a funding round for Doctolib, which will strengthen the company’s market share in France and Germany as well as accelerate a European expansion.

  • January 31, 2017

    Itineris finds path to $11m

    The round was supported by PMV, the investment firm of the Flemish government.

  • January 26, 2017

    Personal MedSystems beats its way to series B

    Personal cardiac monitor developer Personal MedSystems has secured $5.4m in a round backed by Sino German High-Tech Fund, NRW Bank and KfW.

  • January 25, 2017

    BDC Capital achieves Meta exit

    Chan Zuckerberg Initiative has acquired research assistance tool Meta for an undisclosed amount, giving Canada's BDC Capital an exit.

  • January 25, 2017

    Koubei counts up $1.1bn

    Temasek and Khazanah Nasional have contributed to a $1.1bn round closed by Koubei, the local services venture formed by Alibaba and Ant Financial.

  • January 24, 2017

    Xuebajun gets a $100m answer for its series C round

    The educational answer provider has now raised a total of $155m since 2014, securing $100m in a series C round featuring Singapore's Vertex Ventures.

  • January 24, 2017

    Iyzico gets IFC backing to raise $13m

    Existing investor International Finance Corporation returned to contribute to a series C round that will enable the online payment company to expand internationally.

  • January 23, 2017

    News round up 23 January 2017

    A round up of all the latest news on www.globalgovernmentventuring.com for our subscribers.

  • January 20, 2017

    Deal net: 16 – 20 January 2017

    The Global Government Venturing deal net rounds up all the latest smaller deals and tracks emerging companies accessing government funds.

  • January 20, 2017

    SilverCloud Health lines up $8.1m series A

    Trinity College spinout SilverCloud Health obtained the cash from investors including Enterprise Ireland.

  • January 20, 2017

    IFC to carry $10m to BlackBuck

    International Finance Corporation is set to invest up to $10m in the logistics provider, just over a year after BlackBuck raised $25m in a series B round that included Flipkart.

  • January 20, 2017

    Meiya books $17m investment

    China state-backed National Small and Medium-size Enterprises Development Fund and Fortune Capital have supplied cash to online airplane ticketing platform Meiya.

  • January 20, 2017

    Cristal Therapeutics looks at $13.6m future

    The Utrecht University spinout has obtained money from a range of state-backed entities, including Brabant Development Agency and Limburg Development and Investment Company.

  • January 19, 2017

    Bpifrance tops global ranking

    France’s public investment bank is the international leader when it comes to government venturing units investing in technology companies, followed by Temasek and GIC.

  • January 19, 2017

    InsideSales markets $50m series E

    The Ireland Strategic Investment Fund has taken part in a series E round for InsideSales that also welcomed back Microsoft and put the company’s total funding at more than $250m.

  • January 19, 2017

    Amra measures $9m series A

    Linköping University spinout Amra is working on technology to better understand obesity and metabolic risk and has received cash from investors including Stiftelsen Industrifonden.

  • January 18, 2017

    CIC to step up US investments

    China Investment Corporation is looking to increase its commitments to US-based companies, as well as private equity and hedge funds to combat low returns in public markets.

  • January 16, 2017

    News round up 16 January 2017

    A round up of all the latest news on www.globalgovernmentventuring.com for our subscribers.

  • January 13, 2017

    DCNS Energies powers up with $107m

    Bpifrance and DCNS have partnered to launch marine renewable energy provider DCNS Energies with $107m in initial funding.

  • January 13, 2017

    Temasek re-enters Funding Circle in $100m round

    The peer-to-peer lending marketplace has now raised more than $370m in equity funding, with Temasek returning for the round.

  • January 13, 2017

    BDC helps pour $6m into Clearwater Clinical series A

    BDC Capital contributed cash through its Healthcare Venture Fund, helping to boost Clearwater Clinical’s total funding to date to $9.5m.

  • January 13, 2017

    Deal net: 9 – 13 January 2017

    The Global Government Venturing deal net rounds up all the latest smaller deals and tracks emerging companies accessing government funds.

  • January 12, 2017

    Phantom substantiates $13.5m series B

    In-Q-Tel has returned to back a series B round for Phantom, having previously made a strategic investment in May 2016.

  • January 12, 2017

    GCHQ accelerator briefs first cohort

    GCHQ Cyber Accelerator, announced in September 2016, has selected the first seven startups to participate in the program.

  • January 11, 2017

    ICD finds safety in Numbrs

    Numbrs, the bank account management platform launched by Centralway, has raised $55m in an Investment Corporation of Dubai-backed round.

  • January 11, 2017

    Ivantis advances to $25m series C

    EDBI and Vertex Ventures-backed Ivantis has closed a series C round that featured Mérieux Développement and Ascension Health.

  • January 11, 2017

    Exact Imaging details $16m series C

    Participatiemaatschappij Vlaanderen has contributed to a series C round that will help commercialise Exact Imaging’s micro-ultrasound technology.

  • January 10, 2017

    Ascentage comes up for $72m

    The Ascenta Therapeutics spinout has completed a series B round that will go to developing its pipeline of small-molecule treatments for cancer, hepatitis B and age-related diseases.

  • January 10, 2017

    Fugue composes $41m series D

    Maryland Venture Fund and Future Fund have contributed the series D round, which pushed Fugue’s total funding to more than $75m.

  • January 10, 2017

    Hive Box stores $360m in series A

    China Development Bank Capital has taken part in a $360m series A round for Hive Box, the operator of a self-service logistics network.

  • January 10, 2017

    Bitglass accesses Future Fund for $45m series C

    Australia’s sovereign wealth fund Future Fund has led a consortium of existing investors, including Singtel Innov8, for a $45m series C round.

  • January 6, 2017

    Therarchon grows series A to $40m

    Bpifrance has joined a consortium of investors that already featured Inserm Transfer Initiative and that previously provided $35m in funding.

  • January 6, 2017

    Klipfolio snaps $9m series B

    Existing shareholder Omers Ventures has led a $9m series B round for Klipfolio, while BDC Capital also returned.

  • January 6, 2017

    Deal net: 19 December 2016 – 6 January 2017

    The Global Government Venturing deal net rounds up all the latest smaller deals and tracks emerging companies accessing government funds.

  • January 5, 2017

    Monese monetises $10m series A

    Smartcap has returned to back a series A round for fintech developer Monese, which also attracted Anthemis Exponential Ventures, STE Capital, Korea Investment Partners and Seecamp.

  • January 5, 2017

    Investors allocate $12m to Unicaf

    CDC Group, University Ventures and Savannah Fund have injected $12m into Unicaf to help it establish learning centres across several African cities.

  • January 5, 2017

    Heparegenix processes $9.4m series A

    HTGF and Coparion have supported a series A round for Heparegenix, based on research at University Hospital Tübingen.

  • January 4, 2017

    SIB finds itself between TeamRock and a hard place

    Magazine publisher TeamRock has collapsed, preventing Scottish Investment Bank from seeing a return on its investments totalling $3.3m.

  • January 3, 2017

    ThePaper.cn headlines $88m investment

    Jinwin Investment has taken part in a funding round alongside five state-owned enterprises, with the consortium collecting a stake of nearly 18%.

  • January 3, 2017

    Tiger Brokers hunts down $29m

    The Xiaomi-backed online brokerage has secured series B funding from a range of investors including new strategic partner Citic.

  • January 3, 2017

    Aihuishou recycles investors for $58m series D

    JD.com returned to invest in the electronics recycling service, having contributed to an IFC-backed $60m series C round it closed in 2015.

  • January 3, 2017

    Huochebang takes delivery of $115m

    International Finance Corporation has co-led a round that valued the China-based trucking services platform at $1bn.

  • January 3, 2017

    IguanaFix puts together $16m series B

    The home improvement services platform took its overall funding to $20m in a Temasek-led round that included Qualcomm Ventures.

  • January 3, 2017

    Koubei set to collect $1.2bn

    The Alibaba-founded online services platform is set to raise the funding from CIC, Silver Lake Management, Primavera Capital and CDH Investments at an $8bn valuation.

  • January 3, 2017

    Yatra executes reverse merger

    Yatra, backed by Vertex, Intel and IDG Ventures India, has listed in the US through a merger with SPV Terrapin 3 Acquisition Corporation.

  • January 3, 2017

    IFC gives Byju's a $15m lesson

    The Times Group-backed education app developer has now raised about $175m, having secured $15m from International Finance Corporation.

  • January 3, 2017

    Indigo colours in $6m series A

    Indigo Diabetes, a spinout of Ghent University and Imec, has raised the capital from a consortium of investors that include university venturing fund Qbic.

  • December 22, 2016

    Dynamic Yield's search finds Baidu for $22m round

    Vertex Ventures has come on board as an investor in the marketing personalisation technology provider, which received earlier funding from New York Times and ProSiebenSat.1.

  • December 20, 2016

    Careem rises with $350m in funding

    Rakuten and Saudi Telecom led the first close of what ride ordering service Careem hopes will be a $500m round, though KIA's Impulse subsidiary did not return.

  • December 20, 2016

    Visedo smartens up with $21m

    Finnish Industry Investment has contributed to a $21m round, which included a $5.2m loan provided by the European Fund for Strategic Investments.

  • December 20, 2016

    Ynsect breeds $15.2m series B

    Bpifrance has co-led a series B round for Ynsect, which specialises in breeding insects for the animal feed industry.

  • December 20, 2016

    Teraxion repurchases equity

    The company has bought out its institutional shareholders with the support of BDC Capital and RBC Royal Bank.

  • December 16, 2016

    Garena eyes $1bn IPO in the US

    Singaporean internet services and gaming unicorn Garena is considering a 2018 flotation that would provide an exit for Khazanah Nasional.

  • December 16, 2016

    Deal net: 12 – 16 December 2016

    The Global Government Venturing deal net rounds up all the latest smaller deals and tracks emerging companies accessing government funds.

  • December 16, 2016

    Hopper leaps to $61m series C

    Canadian state-backed pension fund manager CDPQ led the round for the airfare purchasing platform, bringing Hopper’s total haul to date to $78m.

  • December 15, 2016

    Symphony tunes up for $200m round

    The secure messaging platform is seeking between $125m and $200m at a pre-money valuation in excess of $1bn from investors including the Signaporean government.

  • December 15, 2016

    Gilupi takes the Viroad to China

    Chinese biotech company Viroad has acquired German medical device developer Gilupi, providing an exit to state-backed investors HTGF and KfW.

  • December 15, 2016

    KIT soothes Amcure with $6m series B

    Karlsruhe Institute of Technology, which spun out Amcure in 2012, has participated in a round led by LBBW Venture Capital.

  • December 14, 2016

    Edotco connects with $600m

    The telecoms infrastructure services provider secured capital from Malaysia’s sovereign wealth fund Khazanah Nasional to expand in Asia.

  • December 14, 2016

    Irish minister unveils 10 fintech startups

    Irish minister Eoghan Murphy declared the startups, which each received $53,000 from Enterprise Ireland and underwent training, as ready to launch.

  • December 14, 2016

    Mobisol shines with $15m

    The pay-as-you-go solar energy provider secured funding from new investors IFC and FMO to accelerate its growth in eastern Africa.

  • December 13, 2016

    Mojio revs up series A to $15m

    Amazon has joined existing backers including BDC Capital by providing a $7m extension that boosted the series A round to $15m.

  • December 12, 2016

    Podotree to branch out with $107m

    The Kakao-launched web content platform received the cash in an Anchor Equity Partners and GIC-backed round that will help it expand into video and advertising.

  • December 12, 2016

    Hungarian state-backed fund marks 20th exit

    After three years, Széchenyi Capital Investment Fund has sold its minority stake in pallet maker Baracsi-Paletta 97 for a “better than planned yield”.

  • December 9, 2016

    Deal net: 5 – 9 December 2016

    The Global Government Venturing deal net rounds up all the latest smaller deals and tracks emerging companies accessing government funds.

  • December 8, 2016

    Bpifrance loses $20m with Viadeo collapse

    The public investment bank has lost its $20m investment in Viadeo, after the professional social network was put into administration.

  • December 8, 2016

    D-Wave rolls to $21m

    The BDC Capital-backed quantum computing developer secured funding from Canadian government-owned fund manager PSP Investments.

  • December 7, 2016

    Creo collects $25m ahead of Aim flotation

    The electrosurgical medical device developer’s listing will provide an exit for investors such as Finance Wales and UK government-backed Angel CoFund.

  • December 6, 2016

    Lilium Aviation soars to $10m series A

    European Space Agency-backed Lilium, a flying car developer, secured funding from VC firm Atomico as it looks to start flight tests in early 2017.

  • December 5, 2016

    Lumos Global glows with record $90m fundraising

    US development finance institution Opic provided $50m in loans for the off-grid solar power company, which raised the industry’s largest ever round.

  • December 5, 2016

    UroMems treats itself to $14.9m

    The medtech company, backed by investors including Bpifrance and CEA Investissement, is developing an implantable device to treat incontinence.

  • December 5, 2016

    Awak Technologies cleans up with $11m

    The kidney disease treatment developer secured funding from investors like Temasek-backed Accuron as it looks to market its products by 2018.

  • December 2, 2016

    SDIC gets in sequence for Novogene’s $75m series B

    The Chinese state-owned holding company contributed to the latest funding round for Novogene, a genetic sequence mapping technology provider.

  • December 2, 2016

    Public investors deliver for AMW in $6.4m round

    The European Investment Fund and Bavarian state-owned Bayern Kapital were repeat investors in AMW, a developer of drug delivery systems.

  • December 2, 2016

    Appier’s series B haul rises to $42.5m

    Temasek has joined three VC firms to top up a series B already backed by Mediatek by $19.5m for a round total of $42.5m.

  • December 2, 2016

    Deal net: 28 November – 2 December 2016

    The Global Government Venturing deal net rounds up all the latest smaller deals and tracks emerging companies accessing government funds.

  • December 1, 2016

    Sabella rides $8.5m wave

    The tidal turbine company secured funding from three new investors including public investment bank Bpifrance, as it aims to expand worldwide.

  • December 1, 2016

    GIC to exit Shakey’s Pizza in $79m IPO

    GIC is set to exit Shakey’s pizza franchise in Asia when the company lists on the Philippine Stock Exchange on December 15.

  • December 1, 2016

    Vaadin nets $5m from Verdane

    Open source developer Vaadin secured funding from Verdane ten months after raising $6m from backers such as state-owned Finnish Industry Investment.

Most read

  1. HTGF conference scouts innovation, finds cooperation

    February 06, 2017

  2. Iyzico gets IFC backing to raise $13m

    January 24, 2017

  3. China switches on $14.5bn internet fund

    January 25, 2017

  4. Editorial: GGV launches Leadership Society

    January 30, 2017

  5. Personal MedSystems beats its way to series B

    January 26, 2017

Events

  • 23 May - 24 May, 2017

    GCV Symposium 2017 - London

    Join 400+ business leaders from the corporate venturing and wider high growth business ecosystem for the two-day 2017 GCV Symposium.

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