Robert Bosch has joined MediaTek, Tencent, Didi Chuxing, Advantech and Nio Capital to invest in Navinfo’s smart in-car system developer.
Month: January 2019
Beleaguered Blippar finds a buyer
Candy Ventures has reportedly agreed to buy the Qualcomm-backed AR technology developer just weeks after it fell into administration.
Memebox pops up with $35m
Johnson & Johnson Innovation – JJDC has delved into the cosmetics market, leading a series D round for K-Beauty product supplier Memebox, which has raised $190m altogether.
Menlo Ventures hires Qualcomm’s Haghighi
Houman Haghighi has followed seven years at corporate venturing unit Qualcomm Ventures by joining Menlo Ventures as a business development partner.
Baidu chips in as Qingwei Intelligent raises money
Baidu Ventures, Focus Media Information Technology and Xizi United Holding have all taken part in a $14.7m round for the AI chipmaker that closed in September.
GLP makes Next investment in $97m series C
The JF Shea-backed trucking services platform has increased its total funding to more than $125m with a series C round that included Global Logistic Properties.
BridgeBio holds up $299m in funding
AIG made its second investment in genetic disease drug developer BridgeBio Pharma having also backed a $135m round less than 18 months ago.
Desktop Metal forges $160m series E
Koch Disruptive Technologies led a $160m round for the 3D metal printer provider that also featured GV, Panasonic and Techtronic Industries.
Confluent streams in $125m
The LinkedIn-backed data streaming platform has increased its total funding to $206m with a series D round that valued it at $2.5bn.
Andela recruits GV for $100m series D
The African IT recruitment platform has closed a series D round featuring existing investor GV that boosted its total funding to $180m.
Nexiot checks in series B funding
ETH Zurich-founded smart logistics spinout Nexiot has won backing from Credit Suisse and Die Mobiliar Versicherungen as it aims to secure additional international business for its products.
GV joins The Pill Club for $51m round
The birth control and contraceptive delivery service has increased its funding to $67m altogether in a series B round backed by Alphabet subsidiary GV.
Immunochina imports series C funding
The Legend Capital-backed cancer technology developer has closed a $20.4 round featuring Shougang to increase its total funding to more than $27m.
Goldman Sachs gets a taste of Nutmeg
Online investment adviser Nutmeg has secured $58.3m in a round co-led by Goldman Sachs Principal Strategic Investments and existing backer Convoy.