The transport optimisation software provider has closed a series B round that included Alibaba and existing investor Verizon Ventures.
Month: December 2018
Bangchak to back startups with $50m
The Thailand-based energy company plans to allocate the capital to international biotechnology and cleantech developers over a five-year period.
Orbs absorbs Kakao funding
Blockchain technology developer Orbs has added some $15.4m in cryptocurrency to the $118m it raised in May, and expects the funding to last seven years.
Hardware Club opens with $50m fundraise
The technology hardware community’s inaugural fund, which reached its first close in June, is backed by Foxconn, BPIfrance and Crédit Mutuel Arkéa.
Corporates follow Quali to series C funding
The software automation technology developer added Dell Ventures and Orr Partners to its investor list in a $22.5m round that took its total funding to almost $33m.
Analysis: HomeToGo buys Tripping
HomeToGo has acquired the troubled Recruit-backed holiday home rental platform Tripping for an undisclosed amount of money. The company is part of the larger travel and accommodation space, which has seen growth of corporate-backed deals in recent years.
Corporate venturing deal net: 10-14 December 2018
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Happiest Baby rests with $23m series B
GV was among the participants in a series B round that boosted the artificial intelligence-equipped bassinet developer’s total funding to $33m.
Zymergen climbs to $400m series C
The molecular product technology provider followed a nine-figure, SoftBank-led round two years ago with a series C led by the corporate’s Vision Fund.
Niantic looks to catch another $200m
Just over a year after its $200m series B round, Pokémon Go developer Niantic is raising another $200m from investors including Samsung and Axiomatic Gaming.
GV-backed Basis loses its balance
Stablecoin developer Basis is shutting down after facing regulatory issues and will return most of the $133m it raised from investors including GV in April.
Corporates help complete Mission Bio’s series B round
Agilent and Lam Research participated in a $30m round for UCSF’s DNA analysis spinout, Mission Bio, whose existing shareholders include Stanford-StartX Fund.
Ninjacart produces series B funding
Qualcomm Ventures, Syngenta Ventures and NeoPlux all contributed to a $34.7m round that took the farm-to-restaurant food sourcing platform’s equity funding to more than $48m.
Shea helps Calibrate summon $80m first fund
Two former managing directors of Shea Ventures have raised $80m from limited partners including JF Shea for Calibrate Ventures’ inaugural fund.