News round up 2 October 2017
Posted on 02 October, 2017 by Thierry Heles, editor
A round up of all the latest news on www.globalgovernmentventuring.com for our subscribers.
Enterprise Ireland will select 14 teams in the hope of encouraging more companies capable of generating $1.2m in export turnover within three years.
The French government hopes its innovation fund will have $239m available to invest in technologies such as artificial intelligence and transportation per year.
Several state-owned enterprises have backed the vehicle, which will aim to raise $4.52bn for startups and funds in technology sectors including advanced manufacturing and biomedicine.
The Dutch Growth Co-Investment Program will receive capital from the European Investment Fund to help unlock private funds for companies looking to scale up.
Roscosmos’s new fund targets university intellectual property as well as the production of small satellites and light missile carriers.
The database software supplier, which has raised more than $310m from investors including Future Fund and In-Q-Tel, has filed to go public.
The internet company has filed for a $1bn initial public offering in the US that will give exits to Temasek and Khazanah Nasional.
The cardiovascular software developer has built modelling programs that could help doctors decide whether patients are fit for surgery.
Automated marketing platform Synup is preparing to expand into European markets next year, using the $6m in series A funding to bolster its sales and marketing efforts.
Focir, a government-owned investment vehicle, has backed three venture capital funds to help bolster local agtech startups.
Ontario’s municipal employee pension fund has led a series A round for Manifold, which has emerged from stealth with a platform-agnostic approach to cloud-based developer services.
Transportation app developer Transit has added $5m of capital to $3.4m raised in previous rounds.
The French government-owned investment bank has returned for Kyriba’s latest round, having previously contributed to a $23m investment a year ago.
Bpifrance participated in the round, which will help BioSerenity scale up and internationalise its tailored medical diagnostics platform.
The childcare e-commerce platform is mulling another $100m equity injection from backers including Temasek one year after FirstCry’s purchase of its rival BabyOre.
Bpifrance has invested in advanced robotics developer Wandercraft, which has built an exogenous skeleton that could restore mobility to the wheelchair-bound.
Singapore state-owned investment unit Temask put $15m towards Integra’s latest round, taking the life sciences investor’s funding total to $42m.
The Global Government Venturing deal net rounds up all the latest smaller deals and tracks emerging companies accessing government funds.
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