UPS, Mercedes-Benz and Yamaha are among the corporates using venture activity to assess technology in the transport space.
Month: October 2016
Corporate Venture in Brasil: Day Two
The second day of the conference opened with further positive insights from Brasil Ventures’ survey of 68 corporations’ open innovation and venturing interests and approaches, as 77% said they had been developing relationships with startups in the past year. With more than half (57%) having acquired a smaller company, the attitude by senior executives to… Continue reading Corporate Venture in Brasil: Day Two
Prosveshcheniye partners Russian state fund for edtech accelerator
The textbook publishing house plans to invest up to $48m through the fund, with $200m state fund FRII providing up to $8m.
Lendio cashes $20m in Comcast-backed round
Comcast Ventures co-led a round that boosted the total raised by the small business loans marketplace to more than $50m.
Chronocam captures $15m
Intel Capital and existing investor Robert Bosch Venture Capital were among the participants in the vision sensor developer’s series B round.
Intel gets InContext stake in $15.2m round
The round, co-led by Intel Capital, increased the AMD-backed enterprise virtual reality technology developer’s total debt and equity financing to $40m.
Startupbootcamp dishes up FoodTech batch
Cisco, Gambero Rosso, Monini and Barilla are among the supporters of a foodtech accelerator that will provide about $16,000 in funding each to 10 startups.
Alan warrants $13m investment
CNP Assurances has led a funding round for health insurance startup Alan and will also act as primary reinsurer for the company.
Move24 hauls in $14m
Innogy has joined existing investors to lead a $14m series B round that will enable Move24 to strengthen its market position in Central and Western Europe.
Clarifai deepens cash reserves with $30m series B
The Alphabet and Nvidia-backed deep learning technology developer has now raised more than $41m in total, with Qualcomm returning to take part in its latest round.
U51 counts out $84m more in funding
Retailer InTime and Harvest Global Investments have supplied $84m in series C+ capital to the personal finance management platform, a month after it raised $310m.
Rokid takes off with $50m
AI-equipped smart home device developer Rokid has taken its total funding to more than $70m with a series B round that included IDG Capital Partners.
NetSpeed accelerates with $10m
Intel Capital made its second investment in on-chip interconnect technology provider NetSpeed Systems as part of a series C round also backed by SK Hynix.
Verdigris re-energises Jabil-led series A round
Jabil and Verizon were among the investors that added $6.7m to the $9m in series A funding closed by smart building technology provider Verdigris in December.