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Page 894

Box2You gets red carpet treatment from Voyage Ventures

Voyage Ventures, the corporate venturing unit and incubator service of Japan online commerce service company Venture Group, has invested an undisclosed amount of capital into Japan e-commerce and celebrity product endorsement site, Box2You, through its parent company Grow!

Jun 6, 2013

Netprice makes landmark strategic deal in Turkey

Trade ties between Turkey and Japan are growing in number and magnitude this year from single digit e-commerce deals to multi-billion dollar nuclear energy construction projects. In what is becoming classic 'Abenomics' export agreements in an effort to boost export revenues and urge Japan's private foreign investment, Netprice Limited, the corporate venturing unit of Japan e-commerce and incubator Netprice.com, has invested in Turkey-based consumer price comparison site, Akakce.com for an undisclosed sum.

Jun 6, 2013

Lancers lures $2.9m from Globis, GMO

Globis Capital Partners, the corporate venturing unit of Japan-based global corporate management education business, and GMO Venture Partners, the corporate venturing unit of Japan GMO Internet Group, both see a growth trend in crowdsourcing or outsourcing of designers, engineers and IT specialists in their local market of Japan. Their latest $2.9m seed investment in Japan-based Lancers illustrates that trend.

Jun 6, 2013

Mixi to form venturing unit

Mixi, the Japan-based social networking site and Facebook rival, is following other Japanese media and telecommunications companies into the corporate venturing market. Following two start-up investments in recent weeks, Mixi now plans to set up its own venturing unit later this year.

Jun 6, 2013

Capital 18 triples investment with Webchutney exit

Capital18, the corporate venturing unit of India-based Media & Investments (Network18) has been on a very active exit path over the past 12 months, namely with its latest divestment in India-based digital media agency, Webchutney. Capital 18 has sold its 70% stake to the India unit of Japan-based advertising agency, Dentsu, for an undisclosed sum, which has reportedly made investors three times their investment.

Jun 4, 2013

Wanxiang, VL Automotive rev up for Fisker

US car developer and manufacturer, Fisker Automotive has reportedly received a recent undisclosed joint offer by strategic car parts company Wanxiang Group of China and US car developer VL Automotive.

May 31, 2013

Zalora rockets in Asia with $100m series C round

German start-up incubator Rocket Internet was joined by European corporate venturing firms Verlinvest and Tengelmann Group in a series C round worth $100m for Zalora.

May 30, 2013

Fosun eyes private equity fund

Separately, state-backed Qatar Holding, Qatar Petroleum International and Qatar Electricity have partnered to form a private equity fund to invest in energy infrastructure investments outside of Qatar.

May 28, 2013

CyberAgent teaches Mana.bo to grow

Japan-based online learning service startup Mana.bo has raised Y38m ($374,000) in seed funding from several investors including CyberAgent Ventures, according to a Ventures News report.

May 17, 2013

Picture painted for Mind Palette

Newspaper reports are estimating the latest series B round to be in the region of at least Y100m ($1m).

May 17, 2013
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