News round up 10 April 2017
Posted on 10 April, 2017 by Thierry Heles, editor
A round up of all the latest news on www.globalgovernmentventuring.com for our subscribers.
In future, companies worth more than $425m will be subject to antitrust regulations, with a particular view of protecting consumers when startups are purchased by corporates.
Agris Preimanis is the bank’s new director for Kazakhstan, while Ayten Rustamova is the new head of office in Tajikistan.
The patient capital review UK Chancellor Philip Hammond announced during his budget speech in March is expected to begin in May 2017.
The government of British Columbia’s venture capital fund will invest in healthcare and life sciences through a contribution to Lumira’s new vehicle
Sectors such as digital industries, life sciences and cleantech are set to benefit from an additional $447m allocated to the Business Innovation Fund.
The export credit agency is putting up to $47m in additional capital in seed and early-stage companies, issuing a competitive call for applications to manage the funds.
The fund hopes to make roads safer, reduce pollution and improve the lives of Iranians.
The fund is expected to create new jobs and technology, and to help revitalise the country’s economy.
The digital banking and marketing technology company Meniga plans to fund its R&D and sales teams thanks to an $8m funding round.
SRIW, the investment arm of Wallonia’s government that contributed to series A and B rounds, is set to celebrate an exit as Astellas agrees to acquire Ogeda for $853m.
The investment from Singapore Technologies Telemedia will accelerate the adoption of the company’s managed security platform.
Darpa is among the investors in Synchron, which is looking to trial minimally-invasive neural interface technology based on research conducted at Melbourne University.
Enterprise Ireland is among a group of investors exiting as part of the round, which will add up to 25 new jobs.
The firm has provided a $2m extension to the series C round, which previously closed with an initial $13m from investors including International Finance Corporation.
The investment will help Eddyfi’s international expansion through strategic acquisitions.
Verde Beef Processing has received $7.4m investment to construct abattoir.
The Global Government Venturing deal net rounds up all the latest smaller deals and tracks emerging companies accessing government funds.
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