CY, a developer of holographic technology for augmented and virtual reality devices, has raised series A funding from Vestel and Intel.
Month: November 2017
Arsanis attains public market status with $40m IPO
The GV and EMBL Ventures-backed immunotherapy developer floated in an underpriced offering and received $20m in a private placement from NEA.
Axa adds $175m for fund-of-funds
The insurer’s strategic investment arm has put up $175m for a scheme called ASV Diversified that will supply up to $15m for VC fund investments.
Bluegogo collapses into Biker
Bluegogo is handing over its bicycle sharing operations to rival Biker, having halted rentals amid a growing consumer backlash.
Shouqi picks up $106m
The limousine ride-sharing service has secured $106m in a series B+ round co-led by Baidu and Nio, following an $88m series B in July.
Lyft records Kamcord acqu-ihire deal
Corporate-backed Kamcord is to sunset its livestreaming and social media apps as 12 members of its team join Lyft, having previously raised $35m.
Deliveroo increases series F order to $482m
The Nokia-backed online food delivery app has added $98m to a round co-led by T. Rowe Price and Fidelity that values it at more than $2bn.
Outpost marks series A round with $61m
The urologic and gastrointestinal disorder treatment developer has raised another $20m in its Novo and Takeda-backed series A round.
TaskEasy maintains progress with $22m
The on-demand maintenance services provider has raised series C funding from investors including Camber Creek and Delta Electronics Capital.
Big Deal: AI is eating software but venture models are colliding
If it is shown that a different funding structure to just venture capital is helpful in AI then implications could cascade to other industries.
Analysis: Tencent’s $14bn IPO exit streak
Five companies backed by internet company Tencent raised large amounts in their initial public offerings (IPOs) over the past few months. It appears to be a bout of IPO exits that may not ended yet.
Corporate venturing deal net: 13-17 November 2017
Meural, the US-based creator of a gesture-controlled digital art frame, completed a $5m series A round on Tuesday led by venture capital firm Corigin Ventures that included networking hardware producer Netgear, Resolute Venture Partners and angel investors including Elio Leoni Sceti and Eric Ries. The round brought Meural’s total funding to $9m, $3m of which… Continue reading Corporate venturing deal net: 13-17 November 2017
Bluegogo closes $58m round
Medical technology developer Smart Xingtong has contributed to a $58m round for Bluegogo, which will use the funds to continue its international expansion.
Clique offers $10m to startups
Clique API has expanded into the Asia Pacific region where it intends to invest $10m in startups and partners that are working on communications APIs.