Xiaomi backed the charging station rental service’s series C round, which will be used to fund promotional and product development initiatives.
Month: April 2019
Corporate venturing deal net: 15-18 April 2019
Each week the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Salesforce helps 6sense collect $27m
Salesforce Ventures took part in an Industry Ventures-led round that will support expansion of 6sense’s account based orchestration platform.
Amenity Analytics fixes $18m series B
Intel Capital and Allstate took part in a Starr Companies-led round that will enable Amenity to grow its team and enhance its text analytics platform.
Cox helps Fyusion frame $30m round
3D photography app developer Fyusion secured $30m in a round featuring Cox Enterprises’ auto retail subsidiary, which joined NTT Docomo, Colopl and Gionee as shareholders.
Pinterest hits NYSE in $1.4bn IPO
Qualcomm-backed visual social media platform Pinterest floated above its range in an offering that will give it a market cap near $13bn.
Zoom crashes into public markets with $751m
Zoom is floating above its range in an IPO in which Qualcomm will make an immediate $30.6m return, while Salesforce is buying $100m of shares through a private placement.
Outreach re-engages with investors to raise $114m
M12 returned to help provide series E funding for customer engagement platform developer Outreach, which has more than doubled its valuation to $1.1bn in under a year.
SoftBank to drive $1bn round for Uber ATG
SoftBank, Toyota and Denso are expected to be among the investors supplying $1bn for Uber’s autonomous driving division when it spins off at a valuation of about $7.3bn.
Salesforce locates MapAnything for acquisition deal
Salesforce has agreed to buy the location services provider in a deal that will hand exits to fellow corporate investors ServiceNow and General Motors.
Salary Finance rallies series C funding
Legal & General co-led the $32.8m series C round, which will fund the financial wellbeing platform’s growth in the UK and US.
Zapata zips to $21m
Comcast Ventures co-led a series A round for the quantum computing technology developer that included BASF Venture Capital and Robert Bosch Venture Capital.
Solvay pours cash into Longwater
China-based Longwater Investment’s advanced materials-focused fund has received a limited partner commitment from the chemicals producer’s corporate venture capital unit.
Bessemer recruits M12’s Robinson
Elliott Robinson, who was one of GCV’s 2019 Rising Stars, has resigned from his partner role at M12 to assume a growth equity investor position at Bessemer Venture Partners.