News round up 30 April 2018

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

Funds

Shenzhen follows Hangzhou’s blockchain lead

The city has become the second in China to launch a fund devoted to the technology.

Mubadala backs New York’s Phoenician Capital

The investment was for an undisclosed amount.

EU plans massive overhaul of funding services

Reports suggest that Brussels is looking to centralise the majority of its current finance programmes.

 

Deals

Enterprise Ireland joins $1.3m SalesOptimize round

The firm will more than double its headcount following the fundraising.

Innovation Network reveals two investments

The Japanese wealth fund has put money into two Tokyo-based businesses.

Community Fibre connects with £25m funding round

The British connectivity business has raised money from investors including the National Digital Infrastructure Fund.

PKFARE lands $1.6m series A round

The travel startup has received investment from China’s Civil Aviation Investment Fund.

DocuSign seals $629m IPO

Comcast Ventures and GV are both selling shares in an upsized offering that will give the EDBI-backed digital signature technology developer a $4.4bn market cap.

Investors fork over $30m to Formlabs

The Shenzhen Capital Group-backed 3D printer developer increased its overall funding to $85m in a series C round that will support growth in Asia.

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