Sony, Arm, MediaTek, BMW and Porsche helped lift audio processing software developer DSP Concepts’ overall funding to about $25m.
Month: February 2020
Scoring goals can require plenty of shots
Whether in basketball or football, it has usually been helpful to have more shots than fewer.
SpaceX to race to $250m
The prospective round would value the GV-backed space services provider at about $36bn and is reportedly set to close next month.
Intuit works out $7.1bn Credit Karma acquisition
CapitalG, which first invested in the credit management platform at a sub-$1bn valuation, will exit in a $7.1bn purchase by Intuit.
JD.id identifies unicorn valuation
The Indonesian e-commerce platform, formed by China-based JD.com and Provident Capital, is valued at at least $1bn and may have Gojek as an investor.
Guoquan Shihui cooks up $50m series B
The hot pot and barbeque ingredient retailer, which counts Sanquan Food as an investor, has now secured more than $53m in the past six months.
Munich Re helps attach $34m to At-Bay
The cyber insurance supplier raised the money in a series B round co-led by a corporate venturing vehicle for long-term partner Munich Re.
Schneider Electric plugs into $120m Grove fund
Venture capital firm Grove Ventures has closed its Grove II fund at $120m that includes a $10m investment from Schneider Electric.
Tarana downloads $24m
EchoStar was one of the investors that provided the funding for broadband services provider Tarana, which has secured commitments for an additional $36m.
HealthJoy beams in $30m
The GoHealth-backed health insurance engagement platform has now raised $53m altogether, with Health Velocity Capital leading its series C round.
Analysis: Revolution breaks out in $238m IPO
Oncology therapy developer Revolution Medicines went public giving an exit to pharmaceutical company Sanofi.
G-Startup gets finalists for second edition
The Globis-backed startup accelerator has chosen 12 participating startups for its sophomore cohort, three months after the demo day for the initial batch.
Corporate venturing deal net: 17-21 February 2020
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Great Hill absorbs One Inc
Green Hill Partners has picked up insurance payment processor One, which counted Axa, American Family and MassMutual among its backers.