Existing investors M12 and Salesforce Ventures contributed to a $100m round for the identity verification technology provider, which is also backed by CreditEase and SBI.
Month: April 2020
BayWa RE’s Markovic marks new role
GCV Rising Star Jelena Markovic, formerly an investment associate at BayWa Renewable Energy’s corporate venture capital arm, has moved up to a senior associate position.
ATM Capital draws $100m for debut fund
ATM Capital got about halfway to its $200m target with help from Alibaba and 58.com before the coronavirus hit fundraising efforts.
Nelumbo nets another $14m for series A round
Danfoss helped Nelumbo, a developer of technology that improves the performance of HVAC systems, increase its series A round to $19.5m.
Perspectum sees its way to $36m
The newly rebranded Blue Venture Fund co-led the round, which will support the commercialisation of Perspectum’s liver disease diganostics software.
Beyond Identity beds in with $30m
Koch Disruptive Technologies co-led a series A round for Beyond Identity, which has emerged from stealth with a passwordless identity management system.
FarEye organises $25m funding delivery
The logistics management software provider has followed a Deutsche Post DHL investment two years ago with a series D round led by M12 and backed by Honeywell Ventures.
The convergence of 5G and AI: a VC’s view
Comment from Ben Yu, managing director, Sierra Ventures
Avoiding a 5G splinternet
5G Supplement April 2020 editorial by James Mawson, editor in chief, Global Corporate Venturing
Ichikara carries in series B funding
Itochu and Sony Music Entertainment backed a $17.7m round for the virtual entertainment provider that will go to talent acquisition and business development.
Corigin shows way out for CVC
Hats off to Corigin Ventures, real estate developer Corigin’s corporate venturing unit, for being able to open up to external limited partners for the first time.
Zomato considers grabbing Grofers in $750m deal
SoftBank Vision Fund could hypothetically invest up to $200m if Zomato goes through with buying grocery delivery service Grofers in an all-share deal.
Rebel Foods fulfils $50m funding order
Hedge fund manager Coatue Management invested $50m in the Gojek, Sistema and Northwest Industrial-backed cloud kitchen operator.
Cerevance clears $45m series B
GV and returning investor Takeda Ventures chipped into a series B round that will fund the identification of targets for brain disease treatments.