KDDI Open Innovation Fund has thrown its weight behind Swift Navigation, a global positioning technology developer already backed by Qualcomm Ventures.
Month: February 2021
Seraxis secures $40m in series C
Eli Lilly has led a series C round for the diabetes treatment developer, which plans to complete preclinical testing of its lead therapy.
IWG takes up residence in The Wing
IWG has acquired a majority stake in the co-working space provider just weeks after GV bought the shares held by WeWork.
Terra Drone unearths series A
Inpex and Nanto CVC have backed a $14.3m round for the drone services company, which has itself already conducted corporate venturing deals.
Analysis: Hyperconnect gets a Match in a $1.73bn acquisition
Hyperconnect is being acquired for nearly $1.73bn by the Match Group, giving an exit to SoftBank, which was one of the early investors in the company.
Solidatus solves series A requirements
Citi and HSBC Ventures contributed to a $19.2m round that will support the data lineage software developer’s international growth.
Pension fund commits to Lilly Asia Ventures
San Francisco Employees’ Retirement System commits $48m.
Stevens joins Energize Ventures
He was previously a partner at venture capital firm Intellis Capital.
SCB 10X sets up $50m crypto fund
Fund for early and growth-stage startups targeting blockchain, decentralised finance (DeFi) and digital assets.
Illumina selects nine for accelerators
Illumina has also gathered £20m ($25m) to every graduate from its UK-based accelerator.
Zaveri leaves Gradient for Audacious Ventures
Zaveri had joined Gradient after three years at VC firm Kleiner Perkins.
Haldiram’s commits to 9Unicorns
9Unicorns is also backed by OPG Group, MBG Group, Parakh Foods, Qualcon International, UB Cotton and corporate executives.
Delta Dental of Colorado adds venture fund
Ensemble Innovation Ventures Fund (EIVF) will target the health and wellness space.
LightShed Partners reads up on new fund
LightShed Ventures is raising $75m to invest in seed and series A rounds.