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Financial

Sapphire gets corporates onside for $115m sports fund

City Football is the anchor investor in Sapphire Sport, which is also backed by SAP, Adidas, Sinclair, AEG, Major League Baseball, the New York Jets and the San Jose Sharks.


Jan 30, 2019

Eneco brings in Baneke to head corporate venturing

Leonie Baneke, formerly an investment director at Eneco Innovation & Ventures, has been promoted to head of venturing for its parent company.

Jan 30, 2019

Comcast grows Acorns in $105m series E

Comcast subsidiaries Comcast Ventures and NBCUniversal both invested in the financial management app developer, bringing its valuation up to $860m.

Jan 29, 2019

Featurespace authenticates $32.9m funding round

IP Group put up $5.4m for Cambridge fraud detection spinout Featurespace’s latest round to bring the company’s overall funding haul to $70.9m.

Jan 29, 2019

Corporates help measure out $30m for Finxact

Accenture Ventures and existing investor First Data both participated in a round that increased the banking platform developer's total funding to $42m.

Jan 29, 2019

Barclays to give startups a Rise

Rise Growth Investments will back each cohort of Barclays tri-national fintech accelerator scheme with a total of up to $13.2m of funding.

Jan 29, 2019

SBI converts $15m to BRD funding

The Credit Saison and OKWave-backed cryptocurrency wallet developer has collected $15m from SBI Crypto Investment to fund its expansion in Asia.

Jan 29, 2019

Symbiont assembles $20m series B

The blockchain technology developer will use the proceeds from the Nasdaq Ventures-led round to commercialise its platform for mortgages, private equity and syndicated loans.

Jan 28, 2019

Alexandrian dives into Canopy Rivers

Narbe Alexandrian, previously vice-president of business development at Canopy Rivers, has been promoted to president.

Jan 28, 2019

Doddala ascends at TIAA to head fintech strategy

Raja Doddala, formerly head of TIAA’s B2B digital team after co-founding CVC unit 7-Ventures, has been promoted to lead the company’s fintech strategy and development.

Jan 28, 2019

Analysis: Desktop Metal prints $160m

Additive manufacturing provider Desktop Metal raised a $160m round led by Koch Disruptive Technologies and featuring other corporate investors

Jan 28, 2019

Corporate venturing deal net: 21-25 January 2019

Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.

Jan 25, 2019
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