Altice has reportedly acquired a 60% share of the live TV streaming service, while existing shareholders such as Sky will retain a stake in the business.
Month: February 2019
DV01 dives for $15m
The financial analytics platform raised the capital in a series B round featuring Regions and Jefferies that boosted DV01’s overall funding to $33m.
Unity absorbs Vivox
In-game communication platform Vivox has been acquired by game development technology provider Unity after raising more than $16m from investors including Peacock Equity.
Corporate venturing deal net: 28 January-1 February 2019
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Go-Jek gets a lift with $1bn
Tencent, JD.com and Google co-led a $1bn investment in the ride hailing service that represents the first tranche of a series F round expected to close at $2bn.
Mogu Zhixing mobilises Tencent to raise $120m
In-car connected technology developer Mogu Zhixing has received $120m in a Tencent-led series A round that included JD.com and Bertelsmann Asia Investments.
Clutter to pick up SoftBank in $250m round
SoftBank is reportedly set to lead the next round for GV-backed storage and home removal services provider Clutter, which has targeted $200m to $250m.
Pliops prises $30m in series B
SoftBank, Western Digital, Xilinx and existing backer Intel all invested, as the cloud storage technology developer increased its overall funding to $40m.
Corporates help plant $30m in MycoTechnology
The organic food processing platform has closed its series C round following commitments from Continental Grain, Bunge Ventures, Eighteen94 Capital and Tyson Ventures.
Minna Denryoku gets series B recharge
Dentsu, Sega Sammy, Tokai Holdings, Marui and SBI all participated in a $10.7m round for the Japanese distributed energy marketplace.
Loanboox squares series B funding
Deutsche Kreditbank and LGT Group have put their weight behind Loanboox’s $22.2m series B round, which has boosted the lending marketplace’s valuation to $122m.
Fortanix forges $23m series B round
Intel Capital has led a $23m series B round for Fortanix, with the corporate venture capital unit’s Sunil Kurkure joining the encryption technology developer’s board of directors.
Verbit translates ClalTech interest into $23m
ClalTech has taken part in a Viola Ventures-led series A round to increase the AI-based speech translation platform’s total funding to $34m.
Questions for the Future
Introduction to the World of Corporate Venturing 2019