SoftBank Vision Fund is set to increase its investment in the RPA software provider, following a $300m investment in November that valued it at $2.6bn post-money.
Month: June 2019
Helium inflates $15m series C
Alphabet’s GV and Munich Re/HSB Ventures both featured in peer-to-peer wireless networking technology producer Helium’s latest round, bringing its total funding to $51m.
Agilent aligns with Purigen in series B round
Roche also participated in the Agilent Technologies-led round, which will fund the launch of Purigen’s isotachophoresis-based DNA and RNA sample preparation platform.
Spring Labs thrusts open $23m series A
Cardworks and GM Ventures both signed up to back financial security platform developer Spring Labs in a round that brought the latter’s funding to nearly $38m in total.
VidMob attracts $25m in series B round
You & Mr Jones returned to take part in a round that lifted online video ad production company VidMob’s overall funding to more than $45m.
Sure seeks out WR Berkley for series B round
WR Berkley Corporation led a $12.5m round for the online insurance portal, which counts Fosun, Assurant, AmTrust and Nationwide as existing investors.
Simulmedia switches on $29m series E
The TV advertising software provider has now raised more than $86m altogether, with WarnerMedia returning to take part in its latest round.
Analysis: SoftBank gets a $300m Gympass
The telecoms firm SoftBank has backed a substantial $300m round of gym membership provider Gympass, which is part of the beauty and fitness space, which has seen stable corporate-backed deal flow with rising valuations in recent years.
Editorial: Corporate venturing in an age of turbulence
A fascinating feature courtesy of Tony Askew, co-founder and partner of REV Venture Partners, who spoke with Global Corporate Venturing about how the media industry has evolved since the corporate venturing unit was launched in 2000. Insights provided by Askew included how its co-investments with In-Q-Tel have helped the unit, while he also explained the group’s aim… Continue reading Editorial: Corporate venturing in an age of turbulence
Manipal fits in Jigsaw acquisition
Big data education provider Jigsaw Academy has been bought by Manipal Group four years after raising money from the corporate.
Artizan crafts $12m in funding
Johnson & Johnson Innovation – JJDC contributed to Artizan Biosciences’ series A round while Brii Biosciences invested through a licensing deal.
Naspers goes In Loco for $20m round
Naspers has returned to reinvest in geolocation technology developer In Loco as part of a $20m round led by Valor Capital Group.
Shanda helps Hustle Fund II to first close
Hustle Fund has raised $10m for its $50m second fund, for which Shanda is reportedly returning as a limited partner.
Corporate venturing deal net: 10-14 June 2019
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.