Iwasaki Gakuen and several banks have contributed to the second close of Sony and Daiwa’s joint fund, which had raised $145m of a targeted $185m as of last month.
Month: January 2020
Bear Robotics beckons corporates to $32m series A
SoftBank led a series A round for the robotic waiter developer that included fellow corporate investors Line Ventures, Lotte Group, Smilegate and DSC.
Info Edge ventures into $14m fund
The classified listings operator, whose earlier investments include Zomato and ETechAces, has formed its first dedicated corporate venture capital fund.
SMC motors to $25m
BMW iVentures took part in the latest round for electric motor technology developer Software Motor Company, whose earlier investors include JLL Spark.
Analysis: Corporate venturing continues to grow, at least in deal volume
Ahead of our record-breaking GCV Innovation Summit in California this week, we are offering an excerpt from our latest World of Corporate Venturing 2020, analysing data from 2019 and the past decade, where we have combined data from GCV Analytics and data provider PitchBook.
Sessions joins Global Corporate Venturing as EIR
GCV has established corporate venturing veteran Lee Sessions as its first ever executive-in-residence to support corporate VC and innovation.
Corporate venturing deal net: 20-24 January 2020
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Buzzvil refills coffers with $17m
Posco Ventures-backed lockscreen advertising publisher Buzzvil has secured funding from consortium Mega-7 Club to boost its overall funding to about $32m.
Sysdig secures $70m in series E financing
Goldman Sachs, already a Sysdig customer, has taken part in a series E round that boosted the cybersecurity technology developer’s overall funding to $206m.
Origami to get folded into Mercari
Nihon Unisys, Mitsui Sumitomo Card Company, Union Pay International, JCB, SoftBank, KDDI and Credit Saison are all set to exit the mobile payment technology developer.
Livspace lets in $60m
Ingka-backed interior design services marketplace Livspace has increased its latest round to $60m, with a close of up to $100m expected next month.
Kneron nicks $40m
Horizons Ventures led the round, which took the total raised by the Qualcomm, Alibaba, Thundersoft and Himax-backed edge AI chip developer to $73m.
Catalant catalyses $35m series E round
Anheuser-Busch InBev, Salesforce and General Electric all contributed to the equity portion of the consulting services platform’s series E round.
LogiNext receives $39m funding delivery
Tiger Global and Steadview Capital provided the series B financing, which came roughly five years after a Paytm and Alibaba-backed series A round.