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Page 351

Concur accommodates Nor1

Concur makes its latest investment via its recently formed $150m Concur Perfect Trip Fund by leading a $9m B round into US-based data-driven pricing and merchandising Nor1.

Dec 21, 2012

Discovery helps write $20m for Grockit

Media company Discovery Communications says the investment is one of the "strategic growth opportunities in select investments in the next generation knowledge space."

Dec 19, 2012

German state fund looks overseas

The corporate-backed state venture fund, which raised nearly $380m for the first close of its second venture fund in October last year, is in late-stage talks with one company started outside Germany, after securing the ability to invest overseas as part of the new fund.

Dec 16, 2012

Verizon searches for Q-Sensei

The venture arm of Verizon Communications, Verizon Ventures, makes an undisclosed investment into US-based search technology company Q-Sensei Corp.

Dec 13, 2012

HelloFresh cooks up $10m

Vorwerk Ventures participates in a $10m round of funding for UK-based recipe subscription service HelloFresh.

Dec 12, 2012

SingTel books with Flocations

Singapore Telecommunications's corporate venturing unit, SingTel Innov8, participates in a $570k round of seed funding, which was led by TNF Ventures, for web travel booking start-up Flocations.

Dec 12, 2012

Nike launches Nike+ Accelerator

Nike launches the Nike+ Accelerator, powered by start-up accelerator TechStars, to encourage Nike+ innovation.

Dec 12, 2012

Concur launches Perfect Trip Fund

Concur invests $2m into Evature, a provider of natural-language search capabilities for online travel, reportedly via its newly formed $150m Concur Perfect Trip Fund.

Dec 12, 2012

DST, Tiger shop for 360buy

Chinese-based 360buy, a DST Global-backed online retailer of consumer electronics, reportedly raises $400m in a round which values the e-commerce site at $7.3bn

Dec 10, 2012

LinkedIn sets up incubator

Employees of the US-based social network will be given the opportunity to work on new ideas for up to three months.

Dec 10, 2012
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