In October, Boris Johnson fired the starting pistol on the UK’s sprint to net zero. Huge spending commitments for wind power and pledges to back science and innovation to deliver a green recovery for Britain backed up a bold idea – that UK tech has a truly central role to play in halting climate change.
Month: November 2020
Ant’s forward march halted
GCV November 2020 issue editorial by James Mawson, editor in chief, Global Corporate Venturing
Qualcomm calls in 5G investments
Qualcomm Ventures’ 5G Ecosystem Fund has backed Azion Technology and Pensando Systems as well as series B rounds for Celona and Cellwize.
Comcast brings Comcast Ventures further in-house
The unit, which oversees a portfolio including NextDoor, Pony.ai, Bird and Hippo, will operate as part of Comcast’s business development division.
MindTickle mines SoftBank in $100m round
The sales readiness software producer added SoftBank Vision Fund 2 to an investment base already containing Qualcomm Ventures at a reported $500m valuation.
XAG lands $182m in funding
SoftBank Vision Fund 2 and Baidu Capital co-led a $182m round for the agricultual drone developer that will support research and development.
Nuuve charges on to Nasdaq in reverse merger
Toyota and EDF-backed Nuvve, a developer of electric vehicle charging technology, is merging with Newborn Acquisition Corp to form a $202m business.
Metagenomi sets out $65m series A
Gene editing technology developer Metagenomi closed its first round since emerging from stealth, with Leaps by Bayer the co-lead.
Corporates set out on Antler’s 1,000-startup initiative
Restart the Future is tasked with helping to build 1,000 Swedish startups and its partners include Ericsson, Nordea, Amazon Web Services, Max Matthiessen, Ramboll, Werlabs, Mavenir, Mondial, Baker McKenzie and Stena.
XYLink extracts series D funding from investors
The videoconferencing platform developer secured $60.4m in a Qi An Xin-led round that came just over 18 months after an investment by Tencent.
Reliance readies $50m for Breakthrough Energy Ventures fund
Cleantech-focused Breakthrough Energy Ventures II has attracted corporate backing on its way to a projected $870m close.
Curbio curates $25m round
The home improvement services provider increased its overall funding to more than $38m in a round led by Comcast Ventures.
Solv scores $27m in series B-plus round
MultiCare Health System was among the investors in a round that took the telehealthcare provider’s overall funding past the $50m mark.
Statespace makes room for $29m series B
Game training platform developer Statespace has now raised $48m in total from investors including WndrCo having closed its second round in six months.