Alibaba led the facial recognition technology provider’s latest round, which will support its expansion in the retail sector.
Month: July 2018
Douyu to shoot for $700m IPO
The Tencent-backed livestreaming platform is favouring the US for an initial public offering expected to raise between $600m and $700m.
Corporate venturing deal net: 16-20 July 2018
Intel Capital, semiconductor technology producer Intel’s corporate venturing unit, led an oversubscribed $10m series A round for computer vision technology startup Airy3D on Tuesday. The round included Robert Bosch Venture Capital, the corporate venturing subsidiary of industrial product and appliance maker Robert Bosch, as well as CRCM Ventures, Nautilus Venture Partners, R7 Partners and WI… Continue reading Corporate venturing deal net: 16-20 July 2018
InkBox closes $13m series A
Novel TMT was among the investors in a round that will enable the tattoo technology developer to expand its team and create new products.
Verodin passes series B test with $21m
The cybersecurity testing platform welcomed Capital One Growth Ventures and Citi Ventures to an investor base already containing Cisco.
Bardy Diagnostics beats its way to more cash
The cardiac monitor developer has increased an Ascension Ventures-backed round to $35.4m, which will fund hiring and R&D.
Unisound turns up the volume with $89m
The AI chip developer has raised series C-plus funding, two months after securing $100m in a China Electronics Corporation Data-led series C round.
Neuraly nets $36m in series A round
Dongkoo Bio&Pharma and D&D Pharmatech both contributed to a series A round for the neurologic disorder drug developer.
BlackFin directs fintech fund to $210m close
Insuers Macif and Securex and several banks joined an LP list that helped BlackFin’s first venture fund to a $117m first close a year ago.
Zhihu gets $300m funding response
Existing investor Tencent was reportedly among the participants in a series E round that valued the online answer platform at $2.5bn.
Suning Sports scores $600m
Alibaba co-led a series A round for Suning’s sporting spinoff which included SenseTime and Evergrande Group.
SoftBank faces SenseTime for possible $1bn investment
Already backed by Qualcomm, Alibaba and Suning, facial recognition software developer SenseTime could receive up to $1bn from SoftBank Vision Fund.
News round up 23 July 2018
A round up of all the latest news on www.globalcorporateventuring.com for our subscribers
Univercells goes viral in series B round
The biologics production technology developer has secured $18.8m following a combined $6.8m from Takeda across 2015 and 2016.