By Evan Vitale
While the holidays are definitely upon us, there’s still plenty of venture capital stories and news making headlines recently. Here are some of the highlights:
Bloomberg Technology has a nice piece on Superflex – a company that was spun out of a project at SRI International (the company that incubated Apple’s Siri). On Tuesday, Superflex announced it has raised $9.6 million from investors including Japanese venture capital group Global Brain and Horizons Ventures, the VC fund of Asian billionaire Li Ka-shing. Details: http://bloom.bg/2h8Xt8e
Forbes continues to follow and report on the “Tech Triangle” of venture capital and startups in the leading global hubs of China, Israel and the United States. Recent examples of cross-regional Israel-Asia venture capital deals, Hong Kong-based Arbor Ventures has led a $9.5 million, Series A investment in EverCompliant, a cyber intelligence company in Tel Aviv that’s a leader in detecting and preventing transaction laundering. This is Arbor Venture’s third investment in Israel — a $10 million, Series A round in January 2016 in TravelersBox, and an investment in a fraud prevention startup Forter. Details: http://bit.ly/2hWlT1Y
It wasn’t the kind of statement likely to win the hearts and minds of those who consider Monsanto synonymous with Big Agriculture.
“If you think about it, there are two people on Earth that need to know a lot about remote sensing (technology) — Monsanto and the CIA,” said John Hamer, managing director of Monsanto Growth Ventures, the venture capital arm of Monsanto.
Read more here: http://strib.mn/2iiR2LX
Happy Holidays!
