Duke Energy participated in a series C1 round for Zero Mass Water, the creator of a system that converts air and sunlight to drinking water.
Month: June 2020
Uptycs sticks series B with $30m
Returning investor Comcast Ventures contributed to a round that pushed the total raised by the security management software developer to $43m.
Louis Dreyfus plants corporate venturing initiative
The merchant group’s LDC Innovations fund will back food and agtech startups, with Max Clegg, its former head of food innovation, heading up the unit.
Upgrade raids Santander in $40m round
The online consumer credit provider completed a series D round led by Santander InnoVentures that was closed at a $1bn valuation.
Analysis: Rising interest in vaccine innovation
One vaccine developer, CureVac, has received a generous backing from Germany’s government-owned development bank KfW, while another – Vaxcyte – went public raising $250m.
Hearst Ventures unveils fresh hires
Kunal Mehta has been promoted to principal at the media group’s corporate venturing unit, which has also hired senior associate Jacqueline Cegla and associate Isabel Lo.
Mingxun finds Fosun in latest round
Fosun was among the participants in an eight-figure round for new materials producer Mingxun Hi-Tech Material that will support product development.
Credit Suisse drives $21m to MayStreet
The capital markets data provider has completed a series A round led by Credit Suisse Asset Management’s Next Investors unit.
Botkeeper accounts for $25m series B
The accounting software provider boosted its overall funding to more than $47m as Google subsidiary Gradient Ventures returned to reinvest.
Mapillary finds its way to Facebook
Samsung Catalyst Fund, BMW i Ventures and NavInfo all exited street-level image repository Mapillary in an acquisition by Facebook.
Boku forks out for Fortumo
Intel Capital is set to exit the mobile carrier billing service in an acquisition that could potentially reach $41m in size.
Corporate venturing deal net: 15-19 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.
Urbint turns to corporates for $20m
Salesforce and National Grid took part in a series B round for the infrastructure monitoring technology developer that was co-led by Petronas subsidiary Piva.
Corporates make Wise investment in $15m round
Gradient Ventures and Prologis Ventures both contributed to a round that will fund research and development for the logistics management platform developer.