UC Berkeley’s Skydeck accelerator has launched a semiconductor-focused scheme in partnership with strategic backers SiFive, Cadence and TSMC.
Month: October 2018
ASAP engineers ZF Friedrichshafen deal
ZF Friedrichshafen has paid an undisclosed sum for a stake in engineering services provider ASAP Holding sized at over 35%.
Innovent enters public markets with $421m IPO
Legend Holdings, Eli Lilly, Ping An, China Life and Taikang-backed Innovent Biologics priced its shares near the top of the range of to raise $421m.
Cerevel sets pace with $350m round
Pfizer has joined forces with Bain Capital to establish Cerevel Therapeutics, which has secured $350m in funding to target central nervous system disorders.
Cloudflare looks to deliver 2019 IPO
Cloudflare, which has raised more than $180m from investors including Microsoft, Baidu, Qualcomm Ventures and GV, could command a $3.5bn valuation in the offering.
Bright Machines breaks out of stealth with $179m
The Flex spinoff is developing industrial robotics software and has secured $179m in a series A round led by Eclipse Ventures, which was founded by Flex alumnus Lior Susan.
Ant Financial backs StoneCo on way to $1.1bn IPO
Payment technology provider StoneCo will raise about $1.1bn if it floats at the top of its range, while Ant Financial is investing $100m through a private placement.
Silk spins $30m from series B
The natural chemistry developer has increased its funding to $50m altogether, in a Kraft Group-backed round that will support an expansion into the textile industry.
Chefs Plate reaches HelloFresh’s table
Tengelmann-backed Emil Capital will exit meal kit service Chefs Plate in an acquisition by HelloFresh sized in the mid-eight figures.
Unifonic tunes into $21m series A
The Saudi Telecom-anchored STV led the round, while Raed Ventures also invested in cloud communications technology provider Unifonic.
GLP helps Dingding produce series A funding
Global Logistic Properties took part in a $14.4 round for business-to-business food supplier Dingding Fresh Food, adding to its portfolio of logistics-orientated businesses.
Information Accelerator picks up four more members
The latest cohort of The Information’s journalism accelerator includes founders from Global Coin Research, The Logic, ThePlug and China Money Network.
Domio checks into series A mode with $12m
SoftBank’s Capital NY fund has invested in short-term accommodation operator Domio as part of a Tribeca Venture Partners-led series A round.
Hong Kong AI accelerator picks lucky seven
SenseTime and Alibaba’s Hong Kong AI and Data Laboratory has chosen its first cohort, with each startup set to receive $100,000 in funding plus office space and access to AI resources.