Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Month: December 2020
KeenOn attracts SoftBank’s attention for series C
The service robot technology developer has raised a fresh funding round sized at hundreds of millions of yuan, which came nine months after its $28.6m series B round.
Sanoma exits Ippies in Bonusway acquisition
SanomaVentures will exit the Netherlands-based cash rewards platform developer, which has been purchased for an undisclosed sum by its peer, Bonusway.
Unacademy tests out NeoStencil acquisition
Unacademy has acquired NeoStencil in a deal that will allow Brand Capital and 91Springboard to exit the online education provider.
QIA energises Fluence with $125m investment
AES and Siemens’ joint energy storage venture is valued at a little over $1bn in the Qatar Investment Authority-funded transaction.
Flexiv assembles $100m series B
Meituan Dianping and New Hope Group have both thrown their backing behind a round topping $100m for production automation robot developer Flexiv.
Jacobio racks up $174m in IPO
Lilly Asia Ventures achieved an exit in a Hong Kong offering in which the oncology therapy developer floated at the top of its range.
Cothera catches $30m in series B
Legend Star and CMB International are among the participants in the cancer drug developer’s latest round, which was led by Tsing Song Capital.
QD Laser points to IPO
Axa Life, Dai-ichi Life, Digital Garage, Fujitsu, Intage, Mitsui, MTG, Nikon, NTT Docomo and Tokyo Century are all set to exit the semiconductor laser provider in an offering on TSE.
Tencent deepens DXY investment in $500m round
Tencent Investment was among the participants in late-stage round for the online medical information and social networking service.
Graphcore grafts on $222m
The intelligent chipmaker, which counts Microsoft, Samsung, BMW, Robert Bosch and Dell as investors, secured series E funding at a $2.77bn valuation.
Uniontech bonds with series A investors
The Archermind-backed operating system developer was reportedly valued at $734m valuation in a $168m round led by Beijing E-Town.
Meishubao crafts $210m series D round
Bojia Capital reinvested in the Tencent-backed online arts education provider in a round that pushed its overall funding to $305m.
Transcenta triggers $105m crossover round
Lilly Asia Ventures has put more funding into Transcenta to help sustain the antibody drug developer’s clinical-stage pipeline.