Creighton Hicks, formerly a partner at the computing technology producer’s investment arm, has joined venture firm LiveOak Venture Partners as a principal.
Month: June 2020
DocsApp merges with MediBuddy
DocsApp, whose investors include DeNA and Techmatrix, has joined forces with MediBuddy in deal buoyed by a $20m round backed by Mitsui Sumitomo.
DIP recruits for 13th AI.Accelerator
The employment agency’s AI.Accelerator has revealed its latest batch of AI technology developers in tandem with a call for applications for its 14th cohort.
Cloud9 Technologies completes series B round
UBS has led a $17.5m round for the trader communication platform developer that was also backed by Barclays and JP Morgan.
CSN sets up innovation fund
The steelmaker’s newly minted CSN Inova Ventures has $5.6m in capital and will invest up to $1m in each portfolio company.
Analysis: Didi autonomous driving unit raises $500m
SoftBank led a $500m round for the driverless vehicle software spinoff of the ride hailing company Didi Chuxing.
Corporate venturing deal net: 1-5 June 2020
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Lessons learned when innovation and capital meet
Thank you to the team and all who have worked their socks off for the first GCV Digital Forum and also the sponsors, speakers and attendees who have made it such a success. The platform will stay open for 30 days.
NetApp highlights Spot acquisition
NetApp has agreed to pay a reported $450m to buy the cloud workload management platform, which had raised $52m in funding from investors including Intel Capital.
Tiki ticks $130m funding box
Private equity group Northstar has reportedly led a $130m round for the e-commerce marketplace, which counts JD.com, Sumitomo, CyberAgent and VNG as investors.
Thoma Bravo to execute $100m Exostar acquisition
Cloud collaboration software provider Exostar was formed by BAE, Boeing, Lockheed Martin, Raytheon and Rolls-Royce before Merck & Co became a shareholder in 2014.
Info Edge moves toward $100m fund
The classified listings group is putting up about $46m for Info Edge Venture Fund and expects to mobilise external backers to hit a $100m target.
HyperScience accelerates to $60m series C
Penna and Company contributed to a round that lifted the total raised by the QBE and TD Ameritrade-backed enterprise automation software provider to $111m.
LanzaJet takes off with $50m
Suncor, Mitsui and ANA have provided equity funding for LanzaTech’s sustainable aviation fuel spinoff alongside a grant from the US government.