The conglomerate has formed a fund called Sun Sea Capital to make early-stage investments in Southeast Asian technology developers.
Month: July 2018
Califia Farms harvests $50m in funding
Sun Pacific spinoff Califia will use the proceeds from the round, which included its parent company, to expand its plant-based drink product range.
News round up 9 July 2018
A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.
Liquidia looks to fill up with IPO funding
PPD and Siemens-backed biopharmaeutical developer Liquidia Technologies has filed to raise up to $57.5m in its initial public offering.
Cordial sends out $15m message
The email platform developer, a graduate of R/GA’s Connected Commerce Accelerator, has closed a series B round led by PeakSpan.
Oh BiBi shoots for $21m
Gumi-backed mobile game developer Oh BiBi has now raised more than $25m altogether, as it prepares to launch its next title.
BP fuels BMW exit with Chargemaster acquisition
BMW i Ventures is set to exit EV charger developer Chargemaster in a purchase of undisclosed size by BP.
Hujiang to graduate to public markets
The online education platform, which counts Baidu and Wanxin as investors, plans to float in Hong Kong.
Dell monitors Jask in $25m series B
Dell Technologies Capital has returned to invest in the cybersecurity technology developer after co-leading its series A round last June.
Abeja attracts corporates for series C round
Nvidia, Topcon, Daikin, Musashi Seimitsu Industry and Japan Post Capital all contributed to the $38.3m round as new investors.
High Fidelity amplifies funding with $35m
The GV-backed virtual reality development platform has now raised more than $70m in total, after closing a Galaxy Digital Ventures-led series D round.
Comcast goes Away again in $50m round
Luggage brand Away took its funding to $81m inside two years, raising $50m from existing investors including Comcast Ventures.
Neuronetics magnifies IPO to $107m
The Pfizer and GE-backed medical device developer has closed its initial public offering after the underwriters took up the over-allotment option.
Uber and Careem explore merger deal
US-headquartered on-demand ride provider Uber has begun preliminary discussions to merge its Middle Eastern business with that of United Arab Emirates-based competitor Careem, Bloomberg reported today. The nature of the proposed deal has not yet been decided, three people familiar with the matter told Bloomberg, but Uber, which has conducted similar transactions in China, Russia… Continue reading Uber and Careem explore merger deal