Vin Lingathoti has left his position with Cisco to join Cambridge Innovation Capital as partner focused on enterprise and deep tech companies.
Month: November 2019
Ucaidao okays $15m round
Ucaidao has raised $40m in all having won the backing of Tencent, SoftBank, Alphabet, K11 and Agricultural Bank of China for its latest round.
Naxions comes knocking for $15m series B
Iqvia-backed medical marketing communications platform Naxions will pump the fresh capital into R&D, new product launches and customer relations.
Ursa sees Citi about $15m series B
Citi joined returning investor S&P Global for a $15m series B round for satellite-powered geospatial intelligence provider Ursa.
Dong Pinhui thaws series A-plus funding
New Hope Liuhe-backed Dong Pinhui has collected $14.3m to drive geographical and product expansion.
Analysis: HomeLight brings home $109m
Citi and Alphabet-backed real estate portal HomeLight raised $63m in a series C round and an additional $46m in debt financing. The deal is part of the burgeoning real estate tech space, which has seen much corporate attention in recent years.
Tencent gets $150m stake in ETechAces
Tiger Global Management sold a 10% stake to Tencent in a deal that valued PolicyBazaar owner ETechAces, whose backers include InfoEdge and SoftBank, at $1.5bn.
Corporate venturing deal net: 4-8 November 2019
Each Friday, the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
eGenesis brings about $100m series B
Leaps by Bayer has put $50m into xenotransplantation technology developer eGenesis as part of a $100m series B round that followed a $38m series A backed by Heritage Provider Network.
WealthNavi coordinates $37.6m round
Opt, NEC, Sony, Sumitomo Mitsui Banking Corporation and Mizuho Bank are among a long list of investors that have backed a $37.6m funding round for WealthNavi.
Pops Worldwide entertains $30m idea
Mirae Asset-Naver Asia Growth Fund has contributed to a $30m round for Pops Worldwide, whose existing shareholders include WarnerMedia.
Verizon elects Evans Jr as principal
Terry Evans Jr has joined the Verizon Ventures investment team after four years at United Technologies as an M&A-focused corporate development manager.
Seismic tremours for Percolate
WPP-backed enterprise content marketing platform developer Percolate has been picked up by Seismic, having previously raised about $107m in funding.
Corporates treat AiCure to $24.5m series C
AiCure has picked up series C capital from investors such as Singtel Innov8 and Asahi Kasei to bolster its commercial, engineering and R&D efforts.