Qualcomm Ventures and Xiaomi helped the display chip provider secure $28.3m in a combined series C and C-plus round.
Month: April 2020
Hougaard hurries to Atomico
Terese Hougaard has taken a principal role at the UK-based venture firm after five years at Alphabet unit CapitalG, most recently as a partner.
DMI nets $123m from Nexon
The consumer and business finance provider was reportedly valued at more than $1bn in an equity investment by video game publisher Nexon.
Inceptio loads up $100m
GLP and G7 – two of the three corporates that co-founded autonomous fleet software developer Inceptio – have contributed to its series A round.
Oric ordains $120m initial public offering
Cancer therapy developer Oric, whose backers include Memorial Sloan, Taiho and Hartford HealthCare, floated at the top of its range in an expanded IPO.
Microsoft ponders nine-figure Paytm investment
The potential investment would potentially be added to the $1bn series G round disclosed by the mobile financial services provider in November.
Bestow gets a boost with $50m
The digital life insurer has revealed it closed a series B round in February that included Sammons Financial to increase its total funding to more than $67m.
Codemao counts up series C-plus funding
The corporate-backed coding education platform secured $35.3m in funding as its business receives a boost from the coronavirus lockdown.
Digits tallies up $22m
GV led a series B round for Digits that was disclosed as it publicly launched its business expenditure analysis software, four months after its series A.
InnovoPro invites Migros for $15m series B
The retail group returned to take part in a series B round that will find the expansion of chickpea-based protein developer InnovoPro’s production capacity.
Analysis: Stripe gets paid $850m
Digital payment provider Stripe raised an extension to its series G round backed by Alphabet. The round is the latest in the payment tech space, which we have seen grow in the past decade.
Corporate venturing deal net: 20-24 April 2020
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Focus on the essentials brings new challenges
“If you don’t understand how money and credit work, you can’t understand how economies work—which is the biggest driver of politics and how the whole economic-political system works.”
AvidXchange expands latest round to $388m
The payment automation software producer received another $128m for a Mastercard-backed round that lifted its overall funding past $1.1bn.