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AB Inbev's ZX Ventures Acquires UK Spirits Firm Atom Group
Apr 23, 2018AB Inbev’s innovation unit ZX Ventures has acquired UK-based spirits company Atom Group for an undisclosed amount. Atom Group, which is based in Kent, UK, consists of three units including Master of Malt, an online retailer, Atom ...
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Renault-Nissan-Mitsubishi Launch $1bn Venture Capital Fund
Jan 15, 2018The Renault-Nissan-Mitsubishi automotive alliance has launched a venture capital fund to invest up to $1bn in the next five years. The new entity will act as main interface for start-ups, investors and the venture capital ecosystem to ...
Tags: automotive, Nissan
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Kellogg Sets up Venture Capital Fund to Invest in Startups
Jun 23, 2016Kellogg Company has set up a new venture capital fund to invest in startups that work on new ingredients, foods, packaging, and enabling technology. The venture fund named eighteen94 capital (1894) will make small investments in companies ...
Tags: venture fund, Kellogg Company
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Dang Foods Gets Funding From Sonoma Brands
Mar 13, 2016Whole foods snacks manufacturer Dang Foods has received investment from Sonoma Brands, a food and beverage products incubator and venture fund. Under the terms of the deal, Sonoma Brands will take a minority stake in Dang Foods, while ...
Tags: Dang Foods, snacks
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China's Stock Market Bull Run Might Continue
May 4, 2015After a booming year, the bull run of China's stock market is expected to continue, boosted by economic and financial reforms in addition to easing measures. China's stock market has soared over the past year, even as the world's second ...
Tags: Stock Market, financial reforms
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Natural Textile Treatments Receives Investments From Patagonia
Apr 7, 2015Patagonia, through its $20 Million & Change venture fund, announced a strategic investment in Beyond Surface Technologies, a chemical company focused on producing high-performance textile treatments based on natural raw materials. In its ...
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Patagonia Introduces Worn Wear Mobile Tour
Apr 2, 2015Patagonia launched a cross-country mission with a message of reducing overall consumption. The Worn Wear Mobile Tour, kicking off April 2 in Ventura, CA, and ending May 12 in Boston, is the brand's attempt to encourage customers to make ...
Tags: Patagonia, Sporting Goods, Wagon
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Global Pharmaceutical Has Made The Move to Putting Invisible
Jun 10, 2014"This is the first time a global pharmaceutical has made the move to putting invisible, edible barcodes on medication." [Wu Xi PharmaTech & TruTag Technologies] WuXi PharmaTech is a pharmaceutical, biotechnology and medical device R&D ...
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Send $100m Fund for Better Connected Car Technologies
May 7, 2014Nokia has launched a $100m Connected Car fund for further development of in-car technologies in collaboration with its vehicle technology startup HERE. The fund, which will be managed by Nokia Growth Partners (NGP), will be invested in ...
Tags: Nokia, Connected Car
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Covagen Announced It Has Secured CHF42m in a Tranched Series B Financing
Dec 11, 2013Covagen has announced that the company has secured CHF42m in a tranched Series B financing with an option to obtain an additional CHF14m that would increase the total amount of the financing round to CHF56m. This financing will mainly ...
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GlaxoSmithKline Has Acquired a Switzerland-Based Vaccines Company, Okairos
May 30, 2013GlaxoSmithKline (GSK) has acquired a Switzerland-based vaccines company, Okairos, for €250m in cash to boost its existing vaccine platform technology expertise and to continue developing the next generation of vaccines. Under the ...
Tags: Glaxosmithkline, Vaccines Business
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Spanish Firm STAT-Diagnostica Said It Will Invest $17m for Diagnostic System Development
May 9, 2013Spanish firm STAT-Diagnostica said it will invest $17m, arranged through Series B financing round, for completing the development of its Near Patient Testing diagnostic system. Using the proceeds, the company also plans to clinically ...
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Kala Pharmaceuticals Has Received $11.5m in Series a Equity Financing Round
Mar 5, 2013Kala Pharmaceuticals, a developer of products that effectively penetrate the mucosal barrier to treat various debilitating diseases, has received $11.5m in Series A equity financing round, led by new and existing investors. Kala said ...
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Autonomy Is to Be Investigated Over Allegations of Accounting Irregularities
Feb 17, 2013Autonomy, the software vendor led by Dr Mike Lynch (pictured) and bought by HP for $10.3bn (£7.1bn) in 2011, is to be investigated over allegations of accounting irregularities. The Financial Reporting Council (FRC) has revealed it ...
Tags: Autonomy, software, company news
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Bicycle Therapeutics Had Invested in Selection of Drug Candidates
Jan 21, 2013Bicycle Therapeutics,had secured a tranched equity financing of £3.75 million to invest in selection of drug candidates using its bicyclic peptide technology platform. Current investors, Atlas Venture, Novartis Venture Fund, SR One ...
Tags: Bicycle, drug discovery funding, pharma, healthcare