TactoTek, a Finland-based 3D molded part producer backed by automotive components producer Faurecia, has received $6m of funding from VC and advisory firm Ascend Capital, Nordic9 has reported. The company had previously raised more than $20m from Faurecia unit Faurecia Ventures, university-affiliated firms VTT Ventures and Leaguer Group, Conor Venture Partners, Tekes and various angel… Continue reading Corporate venturing deal net: 4-8 December 2017
Month: December 2017
Corporates see Cytora to $5.9m
QBE Insurance and Starr Companies have joined CIC to invest in Cytora as it prepares to launch a risk assessment engine for property and casualty insurance.
51HiTech shows corporates to series B round
The startup, a developer of AR and VR technology for the real estate industry, has raised $31.7m in a round co-led by SenseTime and Modern Land.
Payrailz stays on track with $6.1m
The fintech startup has received cash from First Data as well as financial services firms Live Oak, Woodforest National and Webster.
Earny claims $9m
Comcast Ventures has contributed to a $9m round for payment claims services provider Earny that was led by Mayfield Fund.
ForceManager sells Axa on $12m series B
ForceManager, the creator of an artificial intelligence-based field marketing assistant, has raised cash in an Axa Strategic Ventures-led round.
Naspers helps move $82m to Movile
The Latin American mobile services platform has now raised more than $250m altogether, and will invest part of the funds in food delivery platform iFood.
Boxful boxes up series B cash
Shimao Property, Nan Fung and Shui On Land have contributed to a $17.9m series B round for property storage provider Boxful.
Compass points to SoftBank for $450m investment
SoftBank Vision Fund has provided $450m for the real estate platform at a $2.2bn valuation, weeks after its $100m series E round.
SoftBank considers $300m delivery for DoorDash
SoftBank is in talks with food delivery service DoorDash regarding a $300m investment from its Vision Fund.
Ofo accepts $1bn Alibaba-backed funding offer
Existing investor Alibaba has participated in a round that valued the rapidly expanding bike hire service at $3bn.
Etong Healthcare books series B funding
Dalian Yifang Group has contributed to a $30.2m series B round for Etong, which will use the funding to expand its customised checkup services.
AmorChem generates second Merck-backed fund
VC fund manager AmorChem has launched AmorChem II, a $44.2m seed-stage life sciences fund backed by Merck & Co.
Evonik chips into $354m fund
Digital+ Partners’ Digital Growth Fund I vehicle will focus on fintech and industrial technology businesses in Germany, Austria and Switzerland.