News round up 8 May 2017
Posted on 08 May, 2017 by Thierry Heles, editor
A round up of all the latest news on www.globalgovernmentventuring.com for our subscribers.
Shaun Seow, chief executive at Mediacorp, is leaving the company to join its parent Temasek as a managing director.
Xiaomi will put up a third of the capital for Xiaomi Yangtze Industry Fund, which will target hardware investments, with Hubei's guidance fund and the province's largest city the other LPs.
The fund will focus on small and medium-sized enterprises based in Canada’s four Atlantic provinces, with the cash deployed over the next two years.
France-based venture firm Elaia Partners has reached the first close of its fourth fund, with the European Investment Fund and Bpifrance contributing capital.
The EAF Finland fund aims to boost angel investments in the country.
The Russia-Japan Investment Fund will be funded by the Russian Direct Investment Fund and Japan Bank for International Co-operation.
The vehicle, launched in collaboration with France’s arms procurement office, will back companies that have developed technology relevant to the country’s defence industry.
Finnish Industry Investment is among the limited partners of the Vendep Capital Fund II, which will focus on Finland-based business-to-business software developers.
The NDRC at PorterShed Accelerator will provide a boost to Ireland’s ecosystem and is open to applications from both domestic and international entrepreneurs.
The city state is establishing a new fund to support companies’ overseas expansion efforts as part of an aim to double the number of IP experts to more than 1,000 over the next five years.
The Growth and Transition Capital division has been allocated $1.3bn in funding to invest in growth-stage businesses in Canada.
The agency will open applications for its Competitive Start Fund for Female Entrepreneurs tomorrow, with up to $55,000 in equity funding available for up to 15 applicants.
The V4C Poland Plus fund will make investments in small and medium-sized enterprises as well as small mid-cap businesses, with a particular focus on the services sectors.
Vertex Ventures has co-led a series A funding round for Taranis, a precision agriculture intelligence platform that aims to tackle crop disease and overuse of pest control.
Pythian has closed a mezzanine funding round led by BDC Capital, which also refinanced an existing $3.7m loan.
The Future Fund, Australia’s sovereign wealth fund, has co-led a funding round for the radiology practice that spans some 280 US hospitals and healthcare facilities.
The World Bank’s private sector investment arm has agreed to invest up to $10m in BEBB, which operates Power2SME, an online aggregator of raw materials requests from companies.
Temasek has co-led a $75m funding round for genomics company Wuxi NextCode that also attracted biopharmaceutical company Amgen.
The cancer-focused antibody developer has secured $58.5m in a US flotation that involved existing investors Celgene and Eli Lilly buying more than $7m of shares.
Bayern Kapital, which previously backed a $6m series A round just over a year ago, has returned to invest in Riskmethods’ series B round.
Temasek has participated in a $40m series D round for Calysta, with corporate backers including Mitsui & Co and Cargill.
The Global Government Venturing deal net rounds up all the latest smaller deals and tracks emerging companies accessing government funds.
Copyright Mawsonia Limited 2010. Please don't cut articles from www.globalgovernmentventuring.com or the PDF and redistribute by email or post to the web without written permission.
Latest magazinePast Issues
Get full online access, the monthly magazine, weekly news alerts, special reports and more.See all subscription options
August 01, 2017
August 01, 2017
July 31, 2017
August 11, 2017
August 05, 2017