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Page 262

Corporate-backed 500 Startups Japan scales to $35m

The government-owned Cool Japan Fund has provided $10m for the seed-stage venture firm's Japanese fund, which also counts Nikon, Mixi, Mitsubishi Estate and Mizuho Bank as backers.

Jun 20, 2017

Foxconn joins Hardware Club

Hardware Club has secured $28m for a first close of its inaugural fund from investors including contract electronics manufacturer Foxconn.

Jun 20, 2017

Guerbet gets capital to BioMedTech

The medical imaging technology provider has contributed $16.8m to BioMedTech, a fund managed by life sciences-focused VC firm Truffle Capital.

Jun 19, 2017

Palo Alto Networks puts together $20m fund

The cybersecurity software producer is seeking companies developing cloud-based apps that could be built on its platform, and will collaborate with Greylock and Sequoia Capital.

Jun 16, 2017

Motorola Solutions and Reliance join OurCrowd for incubator

The corporates have teamed with OurCrowd and the Hebrew University of Jerusalem's Yissum Research Development Company for an incubator which will open later this year.

Jun 15, 2017

Medicxi nabs corporates to close $300m fund

Novartis and Alphabet subsidiary Verily were among the limited partners for a the late-stage fund, which will complement the GSK and Johnson & Johnson-backed fund Medicxi closed in 2016.

Jun 15, 2017

Xiaopeng raises $324m as UCar begins investing

Chauffeured lift service UCar has formed a $1.47bn investment subsidiary and its first move has been to lead a series B round for electric car developer Xiaopeng Motors.

Jun 13, 2017

IDG Ventures India harnesses corporates for Innovation Program

The firm's 2017 Innovation Program will feature Unilever Ventures and Amazon Internet Services as partners, both of which could invest in graduates from the scheme.

Jun 12, 2017
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