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Page 258

Protean Electric wheels in $70m

The in-wheel electric motor developer has welcomed Tianjin THSG Corporation and new strategic partner VIE Science & Technology as backers, and will now scale up its manufacturing.

Jul 19, 2016

Morgan Solar beams in $10m

Enbridge and Iberdrola were among the investors that provided the money, which will help the concentrating solar equipment producer increase manufacturing capacity.

Jul 15, 2016

Magnetic idea draws in funding from Tohoku

Tohoku University Venture Partners and others support the commercialisation of Tohoku Magnet Institute's soft magnetic alloy that could be a more efficient replacement for electromagnetic steel sheet.

Jul 15, 2016

RedKix cashes $17m of green

The workplace collaboration platform, which fits on top of email, has launched in closed beta and raised $17m from backers including Salesforce Ventures.

Jul 13, 2016

Beenos records investment in Paynamics

The online payment platform, founded in 2010, has raised its first external funding, securing an undisclosed amount from e-commerce company Beenos.

Jul 12, 2016

Zymeworks hooks up with Celgene for funding

Celgene has contributed an undisclosed amount to the $24m in funding Zymeworks just raised, as part of a collaboration and licensing partnership.

Jul 12, 2016

Coinbase rings up $10.5m

Strategic partner Mitsubishi UFJ was among the new investors that provided the cash for the Docomo-backed bitcoin exchange, which has now secured more than $115m in total.

Jul 8, 2016

Oyo to welcome back investors for $61m round

Budget hotel booking platform Oyo Rooms plans to raise $61m from existing investors, which include SoftBank, at a $460m valuation.

Jul 8, 2016
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