Investment firm and company builder Accelerator Life Science Partners has launched Proniras Corporation, a US-based developer of seizure disorder treatments, with an undisclosed amount of funding from investors including Alexandria Venture Investments, Johnson & Johnson Innovation – JJDC and WuXi AppTec Corporate Ventures, respective subsidiaries of real estate investment trust Alexandria Real Estate Equities and pharmaceutical firms Johnson & Johnson and WuXi AppTec. The units were joined by pharmaceutical company Eli Lilly, Arch Venture Partners, Watson Fund and WRF Capital. US-based software testing technology developer Cobalt.io secured $5m on Wednesday from investors including DG Incubation, a subsidiary of internet company Digital Garage. VC fund ByFounders led the round, which also featured eLab Ventures, Plug and Play Ventures and Draper Associates, and which followed a $1m round in 2014 featuring Kima Ventures and angel investors including Draper Associates founder Tim Draper, and a $1.5m in an eLab Ventures-led seed round in 2016 that included Draper Associates. Hospitality group Huazhu Hotels has led a series A+ round of undisclosed size for ParkBox, the China-based owner of a network of public fitness pods, Kr Asia reported on Tuesday. ParkBox, which has opened more than 50 of the mini gyms in the city of Shanghai, will use the funding to support an expansion into another city, Hangzhou, and into hotel-based projects, 500 of which are set to be installed at Huazhu hotels Group in the next two years. US-based mobile power technology startup EcoFlow has raised more than $4m in series A funding from battery cell producer Guangzhou Penghui Energy, battery pack maker Scud Group and moulding and tooling services provider ESID. The round also featured Delian Capital and Chunjia Assets, and the capital will go to research and development and sales as EcoFlow, which also has an office in China, prepares to expand into new markets. Eruvaka, the India-based developer of an agricultural data system, has secured an undisclosed amount in a series B round led by animal nutrition and aqua feed product supplier Nutreco, VCCircle reported on Monday. Nutreco picked up a 25% stake through the round, which included Omnivore, the impact investor that provided an undisclosed amount of seed funding for Eruvaka in 2013. Credit union TwinStar supplied $3m of funding for Constellation Digital Partners, the US-based operator of an online marketplace for credit unions, on Monday as part of a strategic partnership deal. Constellation has now raised a total of $29m and its past investors include credit unions Vizo Financial,…
Sectors
- News & Analysis
- Home
- Global Corporate Venturing
- Global University Venturing
- Latest News
- Publications
- Podcast
- Deal Data
- Video
- Subscribe
- Newsletters
- Community & Events
Corporate venturing deal net: 30 April-4 May 2018
May 4, 2018 • Robert Lavine
LEADERSHIP SOCIETY
Informing, connecting, and transforming the global corporate venture capital ecosystem.
The Global Corporate Venturing (GCV) Leadership Society’s mission is to help bridge the different strengths and ambitions of investors across industry sectors, geography, structure, and their returns.Featured Content
FUNDING ROUND DATA Which corporates are backing which startups? Search our corporate deal database.FUNDING ROUND DATA
Which corporates are backing which startups? Search our corporate deal database.
About us
GCV provides the global corporate venturing community and their ecosystem partners with the information, insights and access needed to drive impactful open innovation. Across our three services - News & Analysis, Community & Events, and the GCV Institute - we create a network-rich environment for global innovation and capital to meet and thrive. At the heart of our community sits the GCV Leadership Society, providing privileged access to all our services and resources.
Navigation
test regLogin
Not yet subscribed?
This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish.Accept Read MorePrivacy & Cookies PolicyPrivacy Overview
This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.