The enterprise AI software startup increased its overall funding to $51m in a Dell Technologies Capital-led series B round.
Month: June 2018
HaploX hacks series B
The SoftBank-backed genetic liquid biopsy technology developer has raised a nine-figure renminbi amount in a Shenzhen Capital-led round.
DroneDeploy tracks Invenergy to raise $25m
Invenergy Future Fund led a series C round that increased the drone data provider’s overall equity funding to $56m.
Fantom scares up $40m
Bibox and XSQ were among about 30 investors in the cryptocurrency trading startup, which is developing a platform capable of 300,000 transactions per second.
Corporate venturing deal net: 25-29 June 2018
Telecommunications company China Mobile has supplied an undisclosed amount of series E funding for China-based cloud services provider UCloud in connection with a strategic partnership deal, 36kr reported yesterday. UCloud had raised a total of $299m from investors including media group Bertelsmann, conglomerate Legend Holdings, Oriza Holdings, DCM Ventures, GX Capital and CICC Alpha, as… Continue reading Corporate venturing deal net: 25-29 June 2018
News round up 2 July 2018
A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.
Hinge finds its Match
Match Group has acquired a majority stake in CAA-backed dating app Hinge, having made several investments since September last year.
Urban Airship lands $25m
The marketing software provider received the series F funding from investors including Intel Capital and existing backer Verizon Ventures.
Naver to widen venture capital commitments
The internet group plans to take a limited partner position in funds being raised by SoftBank and Sequoia Capital.
Verizon helps CloudBees close $37m
Software automation specialist CloudBees secured the funding in a Verizon Ventures-backed round alongside $25m of debt.
Dreem wakes up to $35m
Dreem, the US-based developer of an electronic sleep aid, has raised $35m in a funding round co-led by Johnson & Johnson Innovation – JJDC, the corporate venturing division of pharmaceutical firm Johnson & Johnson. French state-owned investment bank Bpifrance co-led the round with Johnson & Johnson. Founded in 2014 as Rythm, Dreem is the creator… Continue reading Dreem wakes up to $35m
Neon shows way to $100m IPO
Access Industries and Pharmstandard-backed immuno-oncology therapy developer Neon Therapeutics floated in the middle of its range.
Ice Energy warms up with $40m
Argo Infrastructure Partners has provided $40m for Ice Energy, which last raised $24m in a series C round featuring TIAA in 2010.
Babytree branches out to public markets
Babytree has filed for an initial public offering in Hong Kong, three weeks after Alibaba acquired a reported 10% stake in the e-commerce platform.