The corporate returned to provide $55.1m for Carvolution having previously invested in the flexible car rental service in November.
Month: September 2020
Looking back helps you see the way ahead
Energy and information technologies have always been two of the three primary drivers of human evolution – the third being human health quality and longevity, hence the importance of covid-19, anti-biotics and pain relief.
Pulmonx pushes towards IPO
Boston Scientific owns more than 30% of the emphysema treatment device developer, which is targeting $86.3m in its offering.
Episerver applies itself to Optimizely acquisition
Digital marketing platform developer Optimizely has agreed to be bought after raising $200m from investors including Citi, Salesforce, Accenture and Alphabet.
AnyVision accesses $43m in new funding
The Qualcomm and Robert Bosch-backed facial recognition technology developer raised $43m in funding from unnamed backers five months after Microsoft exited.
Kuaishou helps kick in $40m for nReal
The mixed reality eyewear provider has pulled in new funding through a series B1 round led by Kuaishou that included the China Electronics Corporation-backed CCEIF Fund.
NTT makes Matchmove in $21m round
NTT Investment Partners supplied a reported $4m for a round that valued the payment software developer at $338m post-money.
Corporates join Legion for $22m series B
Dollar General, Workday Ventures and NTT Docomo Ventures participated in a round that boosted the staff management software provider’s total funding to more than $35m.
Solar Foods absorbs series A funding
Solar Foods, developer of a method of creating protein from air, has increased a series A round led by strategic partner Fazer Group to $20.7m.
Bloomberg and Accenture go InCountry in $18m round
Accenture Ventures and existing investor Bloomberg Beta helped the data management platform developer take its total funding to about $40m.
Analysis: Sogo shosha corporate venturing
After the announcement of Warren Buffett’s bet on Japan’s largest trading houses, we take a brief look at how they have been doing on the corporate venturing arena.
Corporate venturing deal net: 31 August-4 September 2020
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
OK Company lays out $11m in funding
Lego Ventures and Collab+Sesame were among the investors disclosed by The OK Company, as it launched its lead product, a children’s activity app.
Opening up to state-owned disruption
One of the first lessons in venture capital is that investing in a technology is often less valuable than in a disruptive business model.