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Page 460
Motricity buys Adenyo
Motricity will pay an initial $100m in cash and potentially shares with up to a further $50m in performance fees based on targets for the next 12 months for Adenyo.
Feb 3, 2011NDI starts commercial fund
A quarter of the money for NDI Medical's fund came from the Ohio state and the rest from undisclosed investors.
Feb 3, 2011Companies back Startup America Partnership
More than a dozen firms and organizations have joined the Startup America Partnership, including Facebook. Hewlett-Packard (HP), IBM and Intel, as well as private equity firm Blackstone Group's charitable foundation and non-profit Network for Teaching Entrepreneurship.
Feb 1, 2011Five US hospital groups raise fund
Community Health, LifePoint Hospitals, Vanguard Health Systems, Iowa Health System and Trinity Health, which in aggregate have more than 400 hospitals, will provide the $10m to corporate venturing fund, according to news provider The Tennessean.
Jan 29, 2011Energy Technology Ventures raises $300m
Industrial conglomerate General Electric (GE), energy utility NRG Energy and oil major ConocoPhillips have provided undisclosed-sized tranches of the $300m to launch Energy Technology Ventures.
Jan 28, 2011Citrix launches seed fund
The multi-million dollar Citrix Startup Accelerator will invest in technologies or business models that can extend the Citrix virtual computing solution portfolio and those where anyone can work and play from anywhere on any device.
Jan 27, 2011Yet2.com starts venturing fund
The Yet2Ventures fund will provide follow-on investment and liquidity to small companies.
Jan 26, 2011CoorsTek provides $3m for EmiSense
EmiSense started in November 2009 after the merger of assets by Innovate! Technology and CoorsTek, which has just provided a further $3m.
Jan 26, 2011Tencent starts $760m fund
The launch of Tencent's RMB5bn ($760m) Industrial Win-Win corporate venturing fund is the second biggest of the past year.
Jan 26, 2011SAP sets up $350m fund
SAP Ventures Fund I will invest in software and software-enabled service companies globally and builds on the team's work since 1997.
Jan 21, 2011About 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 our membership, providing privileged access to all our services and resources.
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