Safran Corporate Ventures joined the fibre optic technology developer’s existing investors for a $5.7m round that will support international sales.
Month: July 2017
Walt Disney picks fourth accelerator batch
Axiomatic, Brit + Co, Savioke and ReplyYes are among the 11 companies that make up the 2017 cohort of Disney Accelerator.
Alibaba helps prepare series B round for DayDayCook
Alibaba Entrepreneurs Fund has co-led a $14.8m round for online recipe video platform DayDayCook with private investor Adrian Cheng.
Big Deal: Yandex Taxi catches an Uber
Uber’s operations in four Eastern European countries will merge with Yandex Taxi in a deal that could signify it plans to take a less direct, CVC-influenced approach to some markets.
Makeblock meets SoftBank for talks to raise $60m
The modular programmable robotics kit developer is in talks with SoftBank over a round that could double its valuation to $400m.
GV takes a part in $64m round for Segment
Customer data collection platform Segment has raised $64m in a series C round co-led by GV and Y Combinator Continuity Fund that took its total funding to $109m.
Cubic to square $40m in funding
Cubic Telecom is in the process of closing another funding round, some two years after a $20m round backed by Audi Electronics Venture, Qualcomm and Sierra Wireless.
Yimidida takes delivery of series B funds
The logistics platform has raised $44.3m in a series B round that included Global Logistic Properties, the delivery firm that backed its $14m series A+ round this past December.
Grab to take up to $2bn in next round
The Southeast Asian ride hailing platform is reportedly in talks with SoftBank and Didi Chuxing to raise up to $2bn at a valuation of more than $5bn.
Rover sits up for $65m
The Petco-backed dog care service has now raised more than $155m in total, and will use the funding for international growth and an expansion of its services.
Lightbend stretches to $15m round
Intel, Juniper Networks and strategic partner IBM contributed to a round that increased Lightbend’s overall funding to $52m.
Gouvêa de Souza swings to Bossa Nova
Brazil-based marketing and retail consulting firm Gouvêa de Souza has formed a partnership with venture capital firm Bossa Nova Investimentos to form what they refer to as a startup potentialiser. The unit, GS&UP, is equipped with R$6m ($1.9m) in capital and will work with retail, consumer and tourism technology startups, providing funding and industry expertise.… Continue reading Gouvêa de Souza swings to Bossa Nova
Sancor Seguros to support startups through new fund
The Argentina-based insurance provider plans to back up to 32 startups through a newly formed fund which will form part of a $45.5m investment drive.
Corporate venturing deal net: 10-14 July 2017
Conjoule, the Germany-based operator of an online marketplace where renewable energy can be traded, has raised €4.5m ($5.1m) in a series A round that included a €3m investment by Energy utility Tokyo Electron Power, Coindesk reported on Monday. The funding will be used to expand Conjoule’s technical team as it prepares to launch its platform,… Continue reading Corporate venturing deal net: 10-14 July 2017