Strive, Yahoo Japan and Itochu are among the backers of the flying car developer’s $13.9m round, which took the company’s total funding to about $18m.
Month: September 2019
China Literature reads OBU investment
Tencent and Ookbee are both selling shares in their online literature joint venture, with China Literature subsidiary Cloudary investing $10.5m.
Sinch syncs with MyElefant
Sinch is paying $20.4m upfront for the message-based marketing platform, six years after ABC Systèmes et Formation acquired a 25% stake.
Editorial: Japan’s venture sun rises with its potential
Introduction to Corporate Venturing and Japan Q4 2019 by James Mawson, editor-in-chief, Global Corporate Venturing
Japan builds on tech foundation for VC growth
Its technology sector is the bedrock but the innovation boost the country needs is beginning to happen.
WhistleDrive runs into Colosseum again
The employee transportation manager has raised $10.2m from Colosseum Group and plans to extend its service from three cities to five.
Analysis: Asia-Pacific corporate venturing sees steady rise
A snapshot of the corporate-backed venturing activity in Asia-Pacific show it is the second most active region in terms of corporate-backed venture deals and exit count.
Corporates help feed $18m to Fidel
Citi Ventures and RBC Ventures have both backed payment data managment platform Fidel in a series A round that will fund hiring and international growth.
Corporate venturing deal net: 23-27 September 2019
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Yerdle hurdles series C round with $20m
The resale services provider has now disclosed approximately $35m in funding, having added Prologis Ventures to its investor base.
Zylo zips to series B round
Returning investors Slack Fund and Salesforce Ventures both contributed to a $22.5m series B round that took the SaaS management platform’s total funding past $35m.
BioLife and Casdin animate gene therapy accelerator
The US-based cell and gene therapy tool producer has teamed up with Casdin Capital to launch a bioproduction accelerator having recently backed two biotech startups.
SoftBank mulls $1bn supplement for We Company
The additional cash would be added to the $1.5bn second tranche of warrant financing agreed by SoftBank and the beleaguered We Company late last year.
Qi An Xin programs $210m round
Red Star Macaline has contributed to a $210m pre-IPO round for cybersecurity software producer Qi An Xin, which was spun off from Qihoo 360 in 2016.