Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Month: November 2018
Wave Computing amasses $86m
Samsung-backed artificial intelligence technology developer Wave Computing has taken its total funding to over $200m following a $86m series E round.
DigiLens zooms in on series C
Mitsubishi Chemical Holdings and Niantic have joined a series C round for DigiLens that stood at $25m as of May this year and already included Continental.
Bustle forks out $5m to buy Mic Network
Bustle has agreed to buy Mic for $5m, marking a significant down valuation for the news publisher backed by Axel Springer, Hakuhodo, You & Mr Jones, Time Warner and WPP.
Howard steps away from CapitalG
After four years as a partner at Alphabet’s CapitalG unit, Gretchen Howard has left to join trading app Robinhood as a vice-president.
PebblePost delivers $31m series C
Capital One Growth Ventures has contributed to a $6m extension that brought PebblePost’s series C round to a $31m close.
Viacyte collects $80m series D
The diabetes treatment company backed by Johnson & Johnson and WL Gore & Associates has secured commitments for $80m in series D capital, with the money supplied across two tranches.
Aras brings in $70m
General Electric-backed product lifecycle management platform Aras collected $70m in a Goldman Sachs-led round.
Venafi secures $100m in funding
Intel Capital-backed cybersecurity company Venafi has raised $100m, with $12.5m going towards its Machine Identity Protection Development Fund.
OpenLegacy amasses $30m
The fintech developer has set its sights on increasing its market share having closed a funding round featuring RDC, CommerzVentures and the BNP Paribas-backed C.Entrepreneurs.
Roam Robotics walks away with $12m
Yamaha’s corporate venturing unit has led the robotic exoskeleton maker’s series A round which also featured half a dozen venture capital firms.
Open Mineral mines $5.5m in series B
The metal trading platform has raised $5.5m in a series B round that featured mining company Goldcorp, which previously backed a $2.3m seed round in April.
CyberGRX detects $30m in series C
The third-party cyber risk management platform has raised $30m in series C funding from return investors including Aetna Ventures, GV and MassMutual Ventures.
Altria ignites interest in Juul Labs
Tobacco maker Altria is said to be seeking an expanded footprint in the e-cigarette market through a proposed investment in Juul.