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News roundup 5 December 2016
A roundup of all the latest news on www.globaluniversityventuring.com for our subscribers.
Dec 2, 2016AngelList catches Product Hunt
The deal is reportedly worth $20m and provides an exit to Alphabet's GV unit, which contributed to a $1m seed round in 2014.
Dec 2, 2016Glossier puts on $24m series B
WME-backed Glossier has added $24m to its coffers, two years after securing $8.4m in series A capital.
Dec 2, 2016Grokker meditates on series B
Grokker, which offers on-demand fitness, yoga and cooking video tutorials, has added Comcast to its shareholders.
Dec 1, 2016IDG Capital finds Magmode fashionable
Magmode has attracted approximately $10m in funding that featured existing shareholder IDG Capital.
Nov 30, 2016Inagora inaugurates $26m series B
Led by World Innovation Lab, the round also featured Itochu Corporation and follows earlier series A and A+ investment by IDG Capital Partners.
Nov 30, 2016Investors tune into $106m Devialet round
Foxconn has led the round through its European investment arm Ginko Ventures, while the corporate also invested directly alongside a consortium that included Renault and Sharp.
Nov 30, 2016Indosat thinks outside the Ideabox
The telecoms provider has joined Mountain Partners and Kejora Ventures to launch Ideabox Ventures, a VC firm offering pre-series A capital to startups.
Nov 28, 2016Tangdou swings towards $5m
IDG Capital has put money into Tangdou, an app that provides group dance exercises, two months after Legend Capital contributed to a $15m round.
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