BMW i Ventures has led a series A round for DSP Concepts, the creator of software that helps developers add voice control to their products.
Month: September 2017
Mahindra senses Cloudleaf for $13m series A
Industrial internet-of-things technology developer Cloudleaf will use the proceeds from its Mahindra Group-backed series A round for innovation and product commercialisation.
Intel Capital reaches $1bn in AI investments
The unit has pumped in more than $1bn into artificial intelligence developers, Intel CEO Brian Krzanich revealed earlier this week.
ThinkCerca writes up series B round
TAL Education and existing investor Follett Corporation were among the participants in a $10.1m round that took the total raised by the critical skills learning platform to $14.8m.
Lin engineers new job
Alex Lin, formerly head of ecosystem development at the Singapore government’s innovation agency, SGInnovate, has joined integrated engineering group ST Engineering, Tech in Asia reported yesterday. Lin will head corporate venturing unit ST Engineering Ventures, which was set up with $150m in capital in July 2017. The division is expected to invest in sectors relevant… Continue reading Lin engineers new job
News round up 25 September 2017
A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.
Analysis: MissFresh gets $230m delivered
Returning investor Tencent contributed to a round that upped the total raised by the online fresh produce retailer to over $400m
Ping An helps 10x add $46m in funding
Financial services portal developer 10x Future Technologies has raised $46m and may partner Ping An to enter the Asian market.
Vexata defines $54m series A
Intel Capital has participated in an inaugural funding round for Vexata, which has just released its data storage technology platform.
Luno pockets $9m series B round
The digital wallet operator has raised $9m in a series B round that will help consolidate its product launch in 40 different markets.
Aqua Security surfaces $25m series B
Microsoft Ventures, which previously led a $9m series A round, has returned to back a $25m series B that will help Aqua Security strengthen its market position.
Disarm persuades investors for series A
AbbVie Ventures is among the backers of a $30m series A round for Disarm Therapeutics, a biotechnology spinout from Washington University in St Louis.
TigerGraph traces $31m series A
The graph database platform has emerged from stealth with $31m in series A funding from investors including Baidu and Ant Financial.
Salesforce studies $50m AI fund
Salesforce Ventures is dedicating a total of $50m to an investment fund aimed at the artificial intelligence sector.