A Dongfeng Motor-backed vehicle has contributed to a round for the provider of autonomous driving technology developer led by China Internet Investment Fund.
Month: July 2021
Minieye spies series D1 investors
The NavInfo, ZTE and Zhejiang Jiaxin Development-backed autonomous driving software producer received an undisclosed amount in a round co-led by CICC Alpha and Dongfeng Asset Management.
Eli Lilly to inject $15m in Mina Therapeutics
Eli Lilly has agreed to make an equity investment in Mina Therapeutics after approving a research collaboration with the saRNA drug developer earlier this year.
Zhixinke links to SIG for funding
The AI semiconductor technology developer’s debut funding round was co-led by SIG China and will fund hiring, R&D and market expansion.
Hypersonix hits up Intel in $35m round
Intel Capital has returned to participate in Hypersonix’s series B round, which valued the data analytics software provider at $200m.
Furlenco gets furnished with $140m
Crescent Enterprises’ corporate venturing arm reinvested in the furniture rental service in a series D round pushing its overall debt and equity financing past $240m.
VRB Energy charges up with $24m
BCPG has supplied a $24m capital injection for VRB Energy, which is looking to ramp up its production capabilities for its vanadium-based batteries.
Daily Deal Round Up: July 5, 2021
On-demand logistics provider Pickupp hiked its overall funding to $15m while SK Chemicals added to the $67m already raised by drug discovery technology producer Standigm.
The issue of sustainability
The Global Industry 4.0 Council is in development this year and will look to tackle the theme of sustainability.
Kakao Pay carries itself to public markets
Ant Group is set to score an exit when the financial technology platform operator lists in Korea next month in an IPO sized at up to $1.5bn.
Xometry completes $348m IPO
The BMW, Dell and Robert Bosch-backed manufacturing services platform has added just over $44m to its initial public offering, its shares having risen 58%.
Caribou canters towards IPO
AbbVie, Novartis, Corteva and Heritage Medical Systems will have an opportunity to exit the cell therapy developer through an initial public offering.
Investors help stick $100m in Tiki
The CyberAgent, JD.com, Sumitomo and VNG-backed e-commerce marketplace has reached a first close for its series E round, ahead of a $100m second tranche expected in the next few months.
HPE buys Zerto for $374m
ClalTech is set to exit the cloud infrastructure management software provider in an acquisition by HPE, which will integrate Zerto with its storage division.