Siemens-backed software tracing platform developer Logz.io pulled in cash through a Pitango Growth-led round to bring its overall funding above $120m.
Month: November 2020
WealthNavi navigates IPO path
Gree, Opt, NEC and Sony are among the shareholders that will exit the asset management platform operator, which is set to go public in a $26.5m offering.
FMR wraps up Nykaa share purchase
FMR has bought a secondary stake in fashion and beauty marketplace Nykaa, which already counts Max Group and TVS as shareholders.
Analysis: CoStar snaps Homesnap for $250m
Property engine developer Homesnap agreed to a $250m cash acquisition by Real estate data provider CoStar Group. This is a notable exit in the space in which corporates have been actively investing over the past five years but there have not been many exits.
BRI Ventures brings in corporate capital
Fazz Financial and Grab are among the limited partners for BRI Ventures’ Sembrani Nusantara Fund, which is halfway to a $21m close.
Codexis teams up with Casdin for accelerator
The Codexis-backed SynBio Innovation Accelerator will target early-stage biotech developers and has made Arzeda its first portfolio company.
Carbice meets Toyota AI in $15m series A
Heat regulation material developer Carbice picked up capital from Toyota AI Ventures and Downing Ventures that will support recruitment.
Kingfisher buys up NeedHelp for $12m
The Maif Avenir-backed home improvement services marketplace will join a number of home improvement brands owned by Kingfisher, with its founder retaining a significant stake.
Corporate venturing deal net: 23-27 November 2020
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Startups jump to MURC Leap Over’s fourth edition
Mitsubishi UFJ’s research subsidiary has revealed the finalists for its accelerator’s latest batch: Acompany, Dynave, Kifutta, Mory, RadarLab and TransRecog.
Unacademy upgrades valuation to $2bn
Tiger Global Management and Dragoneer have supplied between $75m and $100m for the online education materials provider, which counts SoftBank and Facebook as investors.
908 Devices lines up $75m IPO
The mass spectrometry system provider has filed to go public having already raised $70m from investors incuding Saudi Aramco and Schlumberger.
Vestas tests out strategic investment arm
The wind turbine producer has followed investments in Northvolt and Sowitec with the establishment of its own corporate venture capital unit.
Qualcomm cues up series D funding for Yunyinggu
Existing investor Qualcomm put up a share of the $45.6m round for the OLED integrated circuit supplier, which counts several other corporates as backers.