Corporate investors are increasingly building a presence in India as the country’s roster of globally-focused startups grows.
Month: March 2023
Indra gets Gulf Oil backing for its advanced EV charging system
Indra, developer of a system that lets electric cars sell energy back to the grid, raised nearly $24m in a series B round led by return investor Gulf Oil International.
Sidberry sails ahead at GV
Alphabet’s GV subsidiary has hired KJ Sidberry, and he will focus on early-stage consumer technology companies.
Deal Roundup: SoftBank spinoff Upload seeks $250m for fund
TIM is supplying $50m for SoftBank spinofft Upload Ventures’ $250m debut fund while UPMC chipped into Noema’s $112m series B round.
Automotive sensors: market overview
How many sensors does a modern-day car have? It is a simple question with a surprisingly tricky answer. The number can vary greatly anywhere from as little as 30 in somewhat dated vehicles to well over 200 in high-end modern ones. While cars have had sensors for some time, they are coming into a new… Continue reading Automotive sensors: market overview
Deal Roundup: Xiaomi and Kingsoft form $1.4bn chip fund
Kingsoft and Xiaomi are partnering on a $1.4bn semiconductor technology fund while Chiliz launched a $50m Web3 and entertainment incubator.
Twelve automotive sensor startups to watch
The automotive sensor market is getting renewed attention from investors as new technologies emerge. This is a list of startups to watch from our report on automotive semiconductors. See the full report here. Baraja Baraja is an Australia-based developer ofthe autonomous lidar technology, Spectrum- Scan. The technology solves many issues in lidar systems, such as… Continue reading Twelve automotive sensor startups to watch
Investors are “scared” of the lidar market but the short range side shows promise
State Farm-backed startup PreAct Technologies is looking at lower-cost short-range lidar with applications outside of the car industry.
New sensors bring self-driving cars a step closer
Cheaper and more powerful lidar and technologies that can augment it are getting investor attention.
Deal Roundup: Shef cooks up $73.5m in series B funding
American Express took part in food marketplace Shef’s $73.5m series B round while Musahi Seimitsu-backed battery developer Sakuu agreed a $705m reverse merger.
The Big Deal: Insolvent Britishvolt finds a buyer
Recharge Industries may be purchasing prospective battery producer Britishvolt out of insolvency but its collapse highlights the risk corporates face backing infrastructure-heavy startups.
CapitalG gets Sturdy leader
CapitalG is promoting Laela Sturdy to managing partner to replace David Lawee, who is leaving after a decade backing companies such as Airbnb, Stripe and Snap.
Deal Roundup: NoBroker lifts series E to $215m
Alphabet’s India Digitization Fund helped boost NoBroker’s series E round to $215m while its’s GV unit led Chroma Medicine’s $135m series B.
US-China tensions spark venturing rethink
Souring trade relations between the US and China are forcing global corporations to shift their investment focus.