WM Motor and Ant Financial both participated in the round, a month after Hellobike merged with fellow bike sharing platform Youon Ditan.
Month: December 2017
Xiaomi expects a 2018 IPO
The Qualcomm-backed electronics manufacturer is reportedly seeking a $50bn valuation for the offering and has initiated talks with banks.
Seebo reconfigures series A round
The Autodesk-backed industrial IoT software developer has raised $8m, extending its series A round to $16.5m in the process.
12 Sigma inhales series B funding
The medical imaging technology developer has secured $30.2m in a series B round featuring SoftBank subsidiary SBCVC and will use the funding for hiring.
Analysis: SenseTime detects $227m from Alibaba
Alibaba invested $227m into artificial intelligence technology producer SenseTime, one of the most recent large rounds in the booming AI space.
News round up 11 December 2017
A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.
News round up 4 December 2017
A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.
Corporate venturing deal net: 27 November – 1 December 2017
RepairPal, a US-based creator of an estimator platform for car maintenance, secured $5m from car retailer CarMax on Wednesday as part of an expanded commercial partnership. The cash forms part of a new funding round for RepairPal, though further details have not yet emerged. RepairPal previously obtained an undisclosed amount from financial services provider USAA… Continue reading Corporate venturing deal net: 27 November – 1 December 2017
SoftBank unlocks Taykey exit
Innovid is set to acquire SoftBank-backed marketing technology provider Taykey for an undisclosed amount.
Mojio mixes series B cocktail
Canada-based connected car platform Mojio received C$30m ($23.3m) in a series B round yesterday that included commitments from e-commerce group Amazon, telecoms firm Deutsche Telekom and energy firm Innogy. The corporates invested through their respective investment subsidiaries Alexa Fund, Deutsche Telekom Capital Partners and Innogy Ventures. The round was led by Kensington Capital. BDC IT… Continue reading Mojio mixes series B cocktail
Dejero connects to Intelsat for $25m
Dejero is working on networks that enable internet connectivity in remote locations and secured the backing of Intelsat as a strategic partner.
H2O.ai steeps $40m in series C
US-based machine learning services provider H2O.ai obtained $40m in a series C round yesterday co-led by graphics processing unit (GPU) manufacturer Nvidia and financial services firm Wells Fargo. Insurance providers New York Life and Transamerica, through its Transamerica Ventures unit, also took part in the round, as did Crane Venture Partners and Nexus Venture Partners.… Continue reading H2O.ai steeps $40m in series C
Fractyl adds $44m series D
GV has participated in a series D round for Fractyl Laboratories, which is developing minimally-invasive treatment for metabolic diseases.
FBN harvests $110m series D
GV returned for the round, as did Acre Venture Partners, after both previously backed a $40m series C this past March.