Consumer electronics manufacturer Sony’s Seed Acceleration Program and corporate venturing unit Sony Innovation Fund will support US-based Carnegie Mellon University (CMU)’s robotics and artificial intelligence (AI) technology research through a collaboration agreement. Japan-headquartered Sony agreed the deal through US subsidiary, Sony Corporation of America, and the units will assist in the university’s general AI and… Continue reading Sony and CMU cook up research deal
Month: April 2018
Savari savours corporate participation in $12m round
The automotive sensor developer secured funding in an Aviva Ventures-led round that included SAIC Capital and Flex.
Doctor on Demand makes $74m funding call
Qualcomm Ventures returned to back the virtual helathcare platform’s series C round, bringing its overall funding to $160m.
Eventbrite ticks off Ticketea acquisition
Spain-based online ticketing platformTicketea has been acquired by US-headquartered peer Eventbrite for an undisclosed sum, providing an exit to leisure and travel-focused e-commerce firm Atrápalo. Ticketea operates a ticketing portal for live events such as music concerts and theatre productions. It helps organisers promote their events and is primarily active in Spain and Portugal. Eventbrite… Continue reading Eventbrite ticks off Ticketea acquisition
Clark draws $29m in series B round
The insurance management platform, backed by ProSiebenSat.1 and Axel Springer at series A stage, has now raised $45m altogether.
Yamap scales series B with corporate help
ICI Ishii Sports led a $10.9m round for the mountaineering community app developer that also featured Morinaga and Company, Japan Asia Group, SRL and several banks.
Pivotal sticks a pin in $638m IPO
The underwriters have bought 5.5 million more shares, allowing the EMC spinoff to close its initial public offering.
SoftBank to move ride hailing assets to Vision Fund
SoftBank is planning to shift its stakes in Uber, Ola, 99, Grab and Didi Chuxing to its Vision Fund, adding more than $20bn of investments to its portfolio.
iTutorGroup to graduate to $300m investment
Alibaba and CyberAgent-backed online education platform iTutorGroup aims to secure up to $300m in a round that would double its valuation to about $2bn.
Didi Chuxing considers IPO ride
The on-demand ride provider, which is backed by a host of corporates, could float as soon as this year with a valuation of $70bn to $80bn.
Like Chuxing cruises to $20m
The car sharing initiative received the funding from investors including Legend Capital across two rounds that will soon be joined by a third.
Thayer Ventures scores Grass as venture partner
Katherine Grass, global head of innovation for Amadeus Group and founder of its corporate venturing unit, has joined VC firm Thayer Ventures.
Capital Float raises series C to $67m
Amazon has supplied $22m to help the business lending platform boost its latest round to $67m and its overall funding to almost $110m.
Investors fork over $30m to Formlabs
The Autodesk-backed 3D printer developer increased its overall funding to $85m in a series C round that will support growth in Asia.