
John Cockerill and Air Liquide-backed Xylowatt has declared bankruptcy after failing to build a market for its biomass energy technology.
Novo supported the first close of 2150's debut fund, which was anchored by NREP, the property developer that also incubated the venture firm.
The Rabobank-backed accounting software and marketplace provider was valued at about $244m in an investment by Lugard Road Capital.
Google has disclosed $75m in financing commitments to equity and debt initiatives in areas including Europe and Latin America.
Ikea holding company Ingka Investments is paying an undisclosed sum for a 49% stake in financial services provider Ikano.
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
GV returned for a $120m raised by Blockchain.com and was joined by Access Industries, days after cryptocurrency Bitcoin broke through $50,000 for the first time.
Q&A with Zoe Zhu, vice-president, Ping An Global Voyager Fund
The Medtronic-backed medical device maker has pulled in $108m in equity financing just under a year after delisting.
GV has returned for a $95.4m series C round that also included Eli Lilly through the conversion of a $10m note secured as part of a collaboration agreement last year.