Investments & Deals

  • September 22, 2017

    Mobify adapts to $15m series B

    Mobify’s series B has reached $15m after a subsidiary of Kuwait Investment Authority, which is eyeing a shift towards e-commerce in the Persian Gulf region, joined the round.

  • September 22, 2017

    Deal net: 18 – 22 September 2017

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

  • September 20, 2017

    Gogoro speeds to $300m series C

    Temasek and several corporates were among the investors in the round, which boosted the electric scooter producer's total funding to $480m.

  • September 20, 2017

    IFC finds itself in ComparaOnline’s $14m round

    The World Bank subsidiary has taken a stake in ComparaOnline, taking part in a $14m funding round.

  • September 20, 2017

    Israel Innovation Authority helps scan $8.3m into Augmedics

    The Israeli government-funded authority has bet on augmented-reality based surgical technology developed in the Terralab incubator program.

  • September 20, 2017

    Fenfenzhong procures $16.7m

    Chinese government-backed National SME Development Fund has participated in a funding round for online restaurant procurement platform Fenfenzhong.

  • September 20, 2017

    Power2SME lights up $36m in IFC-backed series E

    Power2SME has now secured $36m in series E funding for its B2B buying club platform after the service became profitable in November 2016.

  • September 19, 2017

    Younited connects to Bpifrance for $47.8m

    Bpifrance has contributed to a $47.8m funding round for Younited Credit, which will use the money to launch its crowdlending platform in more countries.

  • September 15, 2017

    Deal net: 11 – 15 September 2017

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

  • September 15, 2017

    Wish aspires to $250m in funding

    Legend-backed e-commerce platform Wish is set to achieve a valuation of more than $8bn in a $250m funding round that is expected to close soon.

  • September 15, 2017

    Apttus accepts $55m in series E

    Salesforce Ventures, an investor in Apttus since its 2013 series A round, once again took part in the KIA-backed cloud sales software provider's latest round, boosting its total funding to $329m.

  • September 14, 2017

    Investors mobilise $42m for Federated Wireless’ series B

    Allied Minds has supported a series B round that also included Woodford Investment Management, Singapore’s sovereign wealth fund GIC and several corporates.

  • September 14, 2017

    Magic Leap funding to surge by $500m

    Magic Leap, which closed a $794m Alibaba-led round in 2016, could be in line for more than $500m in a round featuring Singapore state-owned investment firm Temasek.

  • September 13, 2017

    Foodee serves up $8.2m series A

    BDC Capital has led Foodee’s series A round, which has achieved a final close at $8.2m and also attracted the government of British Columbia’s BC Tech Fund.

  • September 13, 2017

    Australia treats medical startups to $10.7m

    The government has backed three healthcare startups through its Biomedical Translation Fund, putting a total of $10.7m into Rex Bionics, Charm Informatics and Saluda Medical.

  • September 12, 2017

    Bpifrance gives a hand to ManoMano

    Home improvement e-commerce platform ManoMano has received $72m from investors including France’s public investment bank to boost its presence in markets across Europe.

  • September 11, 2017

    Bpifrance helps supply $14.5m to Vekia

    Bpifrance has co-led a $14.5m series B round for Vekia to help the supply chain technology producer expand into the UK, the US and China.

  • September 8, 2017

    Deal net: 4 – 8 September 2017

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

  • September 8, 2017

    Amal develops $9.6m series B

    University of Geneva spinout Amal Therapeutics has added $9.6m to its coffers following a series B round backed by High-Tech Gründerfonds.

  • September 8, 2017

    Wuxi NextCode deciphers $240m series B

    Wuxi NextCode has achieved a final close of its Amgen Ventures-backed series B round at $240m with additional commitments from investors including Temasek.

  • September 8, 2017

    LeddarTech detects $101m investment

    Osram has led a funding round for LeddarTech that also featured Delphi, Magneti Marelli and Integrated Device Technology.

  • September 8, 2017

    Innoviz appears on corporates’ radar

    Delphi Automotive and Magna International are among the corporates that have taken part in a $65m series B round for Innoviz, a developer of Lidar sensors.

  • September 7, 2017

    Fanatics scores $1bn round

    SoftBank’s Vision Fund has led a $1bn investment in the sports e-commerce business, whose past investors include Temasek.

  • September 7, 2017

    Merck diagnoses $554m Rigontec acquisition

    University of Bonn spinout Rigontec closed a $32.7m series A round a year ago, from investors including Boehringer Ingelheim and High-Tech Gründerfonds.

  • September 7, 2017

    Labster experiments with $10m series A

    Innovation Fund Denmark-backed Labster has collected $10m in a funding round that will support expansion efforts across Europe, the US and Asia.

  • September 6, 2017

    MapR outlines $56m funding round

    Future Fund-backed MapR Technologies is working on a big data analytics platform that aims to help companies improve business outcomes.

  • September 6, 2017

    RedOwl reaches Forcepoint

    Forcepoint has acquired RedOwl, a cybersecurity technology producer backed by In-Q-Tel and Tedco, for an undisclosed sum.

  • September 5, 2017

    Compositence puts acquisition deal together

    GON has acquired a majority stake in Compositence, providing an exit to High-Tech Gründerfonds.

  • September 5, 2017

    Prowler.io sneaks into $13m series A

    Cambridge Innovation Capital has led a series A round for Prowler.io, an artificial intelligence company also backed by Infocomm Investments.

  • September 5, 2017

    Paytm to make Little acquisition

    Paytm is exploring an acquisition of its portfolio company Little Internet, a local discovery platform that has also been backed by Singapore’s sovereign wealth fund GIC.

  • September 4, 2017

    Apica monitors $12m investment

    Repeat investor Industrifonden has returned to contribute to a $12m funding round.

  • September 1, 2017

    Qadium gathers $40m series B

    Darpa-backed Qadium has obtained $40m in funding from a consortium led by Institutional Venture Partners.

  • September 1, 2017

    Vulog eyes $20m series B

    Bpifrance has taken part in the shared car platform’s funding round, which will help Vulog strengthen its market position.

  • September 1, 2017

    Deal net: 28 August – 1 September 2017

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

  • August 31, 2017

    BrainScope conceives $16m investment

    Maryland Venture Fund returned to back a $16m funding round for BrainScope.

  • August 30, 2017

    Grab clutches more series G cash

    The round, which already stood at $2bn thanks to commitments from SoftBank and Didi Chuxing, has inched further towards its $2.5bn target with a cash infusion from Toyota.

  • August 30, 2017

    Appier harnesses $33m series C

    EDBI was among the investors in a $33m series C for Appier, which closed its $42.5m series B round in December 2016.

  • August 24, 2017

    Cubic Telecom connects to ISIF to raise $47m

    Ireland Strategic Investment Fund took part in a round that valued Cubic at $200m, boosting its total funding to $88m since 2006.

  • August 24, 2017

    ICeye spies Tekes to take in $13m

    The earth observation data provider has secured $13m in new financing, with Finnish government innovation agency Tekes among the investors.

  • August 23, 2017

    Sumdog fetches $1.8m

    Scottish Investment Bank joined Nesta Impact Investments to provide $1.8m for educational game developer Sumdog as it looks to expand in the US.

  • August 22, 2017

    CEFC fattens up Thinxtra's series B

    Thinxtra has received a commitment of up to $7.9m from Australia's Clean Energy Finance Corporation that would make up half its series B round.

  • August 21, 2017

    News round up 21 August 2017

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

  • August 21, 2017

    Cambricon clambers to $100m

    A subsidiary of China's State Development & Investment Corp led the deep learning chip developer's series A round, which reportedly valued it at more than $1bn.

  • August 21, 2017

    Kingo crowns $8m series B

    Development banks FMO and Proparco both contributed to the off-grid solar energy company's latest round, alongside an Inter-American Development Bank-backed fund.

  • August 18, 2017

    Julive moves in with Vertex for series B

    Vertex Ventures has led a series B round worth tens of millions of dollars for online-to-offline real estate agency Julive.

  • August 18, 2017

    Deal net: 14 – 18 August 2017

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

  • August 18, 2017

    Huochebang hauls in $56m

    The logistics platform has secured $56m in a series B-3 round, adding to more than $270m raised since December, from investors including International Finance Corporation.

  • August 17, 2017

    Voxpro publicises Telus acquisition

    Enterprise Ireland has celebrated an exit as outsourcing firm Voxpro has been acquired by its Canadian peer Telus International for an estimated $175m.

  • August 17, 2017

    EBRD explores Black Sea Oil & Gas investment

    The European Bank for Reconstruction and Development is considering a $23.4m equity investment in Black Sea Oil & Gas, majority-owned by Carlyle Group.

  • August 16, 2017

    Puls gets in the rhythm to secure $25m

    The electronic device repair service has rebranded from CellSavers and raised new funding from investors including Temasek-owned Red Dot Capital Partners.

  • August 15, 2017

    Smartisan paints $150m picture

    The government of Chengdu has led the round through unnamed investment funds, providing $90m in capital.

  • August 15, 2017

    Bpifrance books stay in Paris Inn

    The French state-owned investment bank has committed $29m to Paris Inn, the operator of independent hotels.

  • August 15, 2017

    Facebook likes Fayteq

    Fayteq, a real-time video editing technology developer backed by Thuringia state-owned BMT, has been acquired by Facebook for an undisclosed sum.

  • August 15, 2017

    Zimmer skims off a skin cancer vehicle with $7m

    Zimmer MedizinSysteme has spun out a skin cancer treatment developer called Zimmer BioTech that has raised $7m from backers including High-Tech Gründerfonds.

  • August 14, 2017

    Big deal: Temasek helps SoundCloud play on

    SoundCloud has raised a reported $169.5m from Temasek and Raine Group in a series F round that saved the music streaming service from collapse.

  • August 11, 2017

    PCCW OTT goes on air with $110m

    The video and music streaming services provider has collected capital from strategic investors including Temasek, Foxconn and Legend Holdings.

  • August 11, 2017

    Deal net: 8 – 11 August 2017

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

  • August 10, 2017

    Gen1 Biotechnology counts $6.3m

    The South Australian government-owned Health Industries Fund has backed a funding round for Gen1 Biotechnology, which is currently building a factory in the state.

  • August 9, 2017

    Gu Sheng Tang gets $150m

    Two unnamed government guidnace funds have participated in the medical clinic franchise's series D round, which is made up of almost equal debt and equity portions.

  • August 9, 2017

    Enbala expands corporate-backed series B round

    The distributed energy management platform, backed by Export Development Canada, has closed corporate-backed round at $17.5m after adding $5.5m from Zoma Capital.

  • August 9, 2017

    EM3 Agri Services harvests $10m

    The Global Innovation Fund, backed by multiple governments, has put $10m into EM3 Agri Services, a provider of farm services and machinery.

  • August 8, 2017

    Hangzhou Just Biotherapeutics develops $59.7m series B

    Temasek has led a series B round for Hangzhou Just Biotherapeutics that has also attracted Hangzhou Economic & Technological Development Area.

  • August 4, 2017

    M17 cracks series A code with $40m

    M17 Entertainment, formed by the merger of corporate-backed startups Paktor and 17 Media, has raised $40m in a series A round featuring Vertex Ventures.

  • August 4, 2017

    Maas Global amasses extra funding

    The mobility app developer, backed by Tekes, increased its latest round, which includes Transdev, Veho, Toyota, Denso, Aioi Nissay Dowa, Swiftcom and Karsan from $11m to $16.8m.

  • August 4, 2017

    Deal net: 31 July – 4 August 2017

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

  • August 3, 2017

    Clementia cleaves $120m from IPO

    BDC Capital scored an exit after the bone disease therapy developer floated at the top of its range, having secured $92.5m in funding over the past two years.

  • August 2, 2017

    Dianrong dives into $220m

    Singapore's GIC led the Bohai Leasing-backed online lender's latest round, which follows a $207m series C co-led by Standard Chartered Bank in 2015.

  • August 2, 2017

    Milestone reaches $55m series C

    BDC Capital and Fonds de solidarité FTQ both returned for a third round in Milestone that was led by new investor Novo.

  • August 2, 2017

    Novartis goes Homology in series B round

    Homology Medicines, a startup developing treatments for rare genetic diseases, has closed $83.5m in series B funding, welcoming Novartis as a new investor.

  • August 1, 2017

    Precithera collects $29m series A

    Fonds de solidarité FTQ has supported an oversubscribed series A round for Precithera, a precision medicine company focused on orphan bone diseases.

  • August 1, 2017

    Impossible Foods cooks up $75m round

    Temasek led the Alphabet-backed vegan food developer's latest round, which took its funding over the past three years to about $260m.

  • August 1, 2017

    GameSparks inspires Amazon acquisition

    Enterprise Ireland has celebrated an exit as GameSparks is acquired by Amazon for a reported $10m.

  • July 31, 2017

    Big deal: CarTrade seeks path to CarDekho merger

    Temasek, an existing investor in CarTrade, is looking to put nearly $100m towards the deal, which is currently facing resistance from CarDekho’s largest shareholder Amit Jain.

  • July 31, 2017

    Snapdeal calls off Flipkart sale

    The e-commerce platform, backed by investors including Temasek, has decided against a $950m sale and elected to instead restructure.

  • July 31, 2017

    Snapdeal board accepts $950m from Flipkart

    E-commerce marketplace Flipkart has had a bid of between $900m and $950m accepted from the board of Temasek-backed rival Snapdeal that now needs only shareholder approval.

  • July 31, 2017

    News round up 31 July 2017

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

  • July 28, 2017

    Landis+Gyr completes $2.4bn IPO

    Innovation Network Corporation of Japan and Toshiba have celebrated an exit with the flotation of Landis+Gyr on the Six Swiss Exchange.

  • July 28, 2017

    Deal net: 24 – 28 July 2017

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

  • July 27, 2017

    Temasek enters Within series B

    Temasek and Emerson Collective have co-led a $40m funding round for virtual reality content developer Within, with participation from several corporates.

  • July 26, 2017

    PerimeterX outlines $23m series B

    Vertex Ventures has returned to support a series B round for PerimeterX, the developer of a cybersecurity platform that has now raised $35m in total funding.

  • July 26, 2017

    SkyGuard takes 360 turn to raise $24m

    Guotou Chuangye was among the participants in a series A round for data security startup SkyGuard.

  • July 25, 2017

    Grab snatches $2bn

    Existing investors SoftBank and Didi Chuxing invested $2bn at a $6bn post-money valuation in Grab, whose shareholders also include Vertex and CIC.

  • July 25, 2017

    Power Survey gains $24m series A2

    Investissement Québec, BDC Capital and Fonds de Solidarité FTQ have supported the company’s series A2 round.

  • July 24, 2017

    News round up 24 July 2017

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

  • July 21, 2017

    Dynamic Yield brings in extra series C funding

    The personalised marketing technology producer has increased its series C to $31m, with Deutsche Telekom joining a round that already included Vertex Ventures.

  • July 21, 2017

    Deal net: 17 – 21 July 2017

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

  • July 20, 2017

    Vertex joins in MiniKTV funding chorus

    Vertex Ventures has contributed to a $15m investment for karaoke machine producer MiniKTV.

  • July 20, 2017

    DataRails compiles $6m series A

    DataRails, which has developed software to turn Excel into a smart spreadsheet management tool, has raised a series A round led by Vertex Ventures.

  • July 20, 2017

    Symbow shows investors the way to series A

    The National Emerging Industry Guidance Fund has taken part in a $17.7m round for Symbow Medical, which is working on a surgical navigation device.

  • July 19, 2017

    Wukong Zuche attracts $73m

    Yunnan Metropolitan Construction Investment has injected $73m into Wukong Zuche, a car rental service provider aimed at the tourism sector.

  • July 19, 2017

    BGI Genomics completes $250m IPO

    Floating on the ChiNext board in Shenzhen, BGI Genomics has raised approximately $250m and provided an exit to State Development and Investment Corporation.

  • July 19, 2017

    Geek+ picks up $60m series B

    The logistics robot developer, backed by Vertex Ventures, has raised $60m in a series B round just a few months after closing a $14m series A+ round.

  • July 18, 2017

    Desktop Metal forms $115m series D

    Vertex Ventures and Future Fund participated in a round that boosted the 3D printing technology provider's total funding to $212m.

  • July 18, 2017

    Bid hammers out funding round

    Export Development Canada and BDC Capital are among the backers of a funding round for mill equipment provider Bid Group.

  • July 18, 2017

    Astroscale finds space for $25m

    ANA Holdings and OSG Corporation will supply technical assistance to the space debris reduction technology developer, after taking part in its series C round alongside INCJ.

  • July 18, 2017

    BDC says yes to Assent series B

    BDC returned to invest in a $31.4m round for Assent Compliance, after previously backing the supply chain management platform's May 2016 series A round.

  • July 18, 2017

    Move Guides maps out $48m series C

    Australia’s Future Fund has taken part in a series C round that more than doubled Move Guides’ capital secured to date to $91m.

  • July 17, 2017

    Cubic to square $40m in funding

    Cubic Telecom is in the process of closing another funding round, some two years after a $20m round backed by Enterprise Ireland.

  • July 14, 2017

    Curve turns Santander interest into $10m round

    Curve, the developer of a payment card that links to multiple accounts, has raised a $10m series A round, though LCIF did not choose to return.

  • July 13, 2017

    SBI Life prepares $1bn IPO

    The flotation has been approved by the board of SBI Life’s parent company, State Bank of India, and will provide an exit to Temasek.

Most read

  1. Big deal: Hong Kong launches $256m fund

    September 18, 2017

  2. Bpifrance helps supply $14.5m to Vekia

    September 11, 2017

  3. RedOwl reaches Forcepoint

    September 06, 2017

  4. Investors mobilise $42m for Federated Wireless’ series B

    September 14, 2017

  5. Ireland acts on $120m fund

    September 12, 2017