Aster Capital, originally formed by corporates Schneider Electric and Alstom, has promoted Jérome Joaug from principal to partner.
Month: November 2019
Moveworks progresses to $75m series B
Comerica Bank contributed to a round that boosted IT services automation platform developer Moveworks’ overall funding to $105m.
Docker locks up $35m
Benchmark and Insight Partners invested $35m in the Salesforce-backed app management software provider, which just divested its enterprise business to Mirantis.
Nuvia navigates $53m series A round
Dell Technologies Capital co-led the first round to be disclosed by silicon chip designer Nuvia, which was founded in early 2019.
Heetch hikes series B to $42m
AfricInvest has injected another $4m into a series B round for on-demand ride service Heetch that already included Allianz and Mobivia.
X-37 catches series A express
The drug discovery startup, co-founded by research technology producer Atomwise, has pulled in $14.5m through a round led by DCVC Bio.
UBGenius solves series B puzzle
Qiming Venture Partners led a $14.3m round for UBTech Robotics’ educational technology affiliate, with the cash to go to product development, partnerships and expansion.
Amazon unveils funding for South African startups
Amazon Web Services is set to supply almost $25m for black-owned startups in the country as part of a government initiative.
Oil and gas drills into non-core
A focus shift has been taking place among oil and gas corporate venturers, which is borne out in our most recent research.
Corporate venturing deal net: 11-15 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.
SoftBank puts conditions on Paytm deal
SoftBank Vision Fund has agreed to participate in a $1bn funding round for Paytm, but has stipulated the payment processing platform seek an IPO within five years.
1Password locks in $200m series A
Slack Fund has contributed to a $200m series A round for 1Password, the password manager’s first funding round since it was founded in 2005.
OneConnect links to public markets
Ping An is in line for an exit as its fintech spinout OneConnect files for an initial public offering potentially worth as much as $500m.
SpaceMarket gets ready for IPO take-off
SpaceMarket has filed for an initial public offering on the TSE Mothers Market and its flotation will provide exits to CyberAgent, Opt, Recruit, My Navi and NTT Docomo.