You and Mr Jones returned in a series B round for AI Foundation, developer of a detection system for manipulated online content.
Month: July 2020
Real Madrid gets FundingBox on the team
The football club will match up to $5.3m in FundBox investment for startups in the form of expertise and resources.
Cafeyn catches Blendle in acquisition deal
Springer, Nikkei and The New York Times have exited curated news provider Blendle, which has been purchased by peer Cafeyn.
GE Ventures investments head to 40 North
GE Ventures has divested stakes in 16 companies including Carbon, Desktop Metal and Proterra to venture firm 40 North Ventures.
Corporate venturing deal net: 27-31 July 2020
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Wu snaps up her former GE assets
Daily leader from editor-in-chief James Mawson.
Editorial: TDK finds silver lining
There are occasional silver linings even for the blackest clouds. One was as the Covid-19 disease broke out this year competition for deals became a little lighter.
Li Auto charges onto public markets with $1.1bn IPO
Meituan Dianping and Bytedance were among the shareholders that committed to investing $380m in a concurrent private placement.
Cerevel seeks reverse merger
Cerevel Therapeutics, co-founded by Pfizer, is set to undertake a reverse merger with Nasdaq-listed Arya II in a deal that will give Cerevel a market cap of $1.3bn.
CoinEx issues $50m fund
The fund will invest in companies developing products and services within the cryptocurrency exchange’s ecosystem.
Sun Asterisk rises to public markets
The creative digital studio has floated on TSE’s Mothers Market, enabling Kaga Electronics, Sony and Norinchukin Bank to exit.
True Link collects $35m series B
Backed by Cambria Health Solutions and Link-Age, True Link has now raised $50m in all to provide financial services geared toward vulnerable groups.
ClimaCell forecasts $23m series C
Ford Smart Mobility and JetBlue Technology Ventures-backed ClimaCell will put the series C capital towards R&D and commercialisation activities.
Joymode finds comfort in acquisition
Naspers Ventures-backed Joymode has been saved through an acquisition by XRC Labs, having failed to scale its consumer goods rental service effectively.