IHS Markit and Leucadia National both invested in collateral management platform developer CloudMargin, which will use the cash for sales, marketing and product development.
Author: Callum Cyrus
Workana gets funding commission from Seek
Existing investor Seek has invested $6.8m in Workana, a freelancer recruitment marketplace that will now expand from Latin America into Southeast Asia.
Chargifi channels $7m in series B round
Wireless charging terminal developer Chargifi, whose past investors include Intel Capital, raised the cash in a Hewlett Packard Enterprise-backed round.
Directly powers through to $20m series B
Microsoft Ventures took part in a round that increased the customer services platform’s overall funding to $32m altogether.
Promethera prises bond financing from corporates
Shibuya Corporation and Shinsei Bank joined existing investors in the liver disease therapy developer to buy $11.5m in convertible bonds.
Pfizer helps allocate $300m to Allogene
Pfizer, which is providing 17 licensed drug assets to the immuno-oncology startup, will own a 25% stake once the series A round formally closes.
Edovo locks down series A funding
Edovo, the Twilio-backed developer of an educational platform for incarcerated users, raised $9.8m from 30 investors.
Workday helps Suplari procure series A cash
Suplari, the developer of a procurement management platform, has raised $10.3m in a Workday Ventures-backed round.
Watcha wins $12m in series C funding
Doosan Group and AJU Capital invested in Kakao-backed streaming portal Watcha, taking the company’s total funding to $21m.
Bloomberg mines Cobalt in $13m series A
Bloomberg Beta had previously co-led a seed round of undisclosed size for security robot developer Cobalt Robotics two years ago.
DeepScale arrives at $15m series A
US-based automotive perception technology developer DeepScale has raised $15m in a series A round co-led by Next47, a corporate venturing subsidiary of industrial product maker Siemens. The round was co-led by asset manager Point72 Asset Management, with contributions from venture capital firms Autotech Ventures and Trucks Venture Capital. DeepScale is developing deep learning-based technology to… Continue reading DeepScale arrives at $15m series A
Tencent produces series B funding for L² Studio
China-based animated content producer L² Studio has secured an eight-figure renminbi amount (RMB10m = $1.6m) in a series B round featuring internet group Tencent, KrAsia reported today. Founded in 2013, L² Studio creates Chinese-language animated content for broadcast on television and online. Its productions include action series Rakshasa Street, which follows the plot of a… Continue reading Tencent produces series B funding for L² Studio
News round up 9 April 2018
A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.
Investors jump into Ubiquity6’s picture
US-based augmented reality (AR) editing technology developer Ubiquity6 has received $10.5m in a round featuring media company A+E Networks and Gradient Ventures, part of technology conglomerate Alphabet’s Google unit. Venture capital firm Index Ventures led the round, which also featured media-focused holding company WndrCo, LDV Partners, Kleiner Perkins Caufield & Byers (KPCB) and First Round… Continue reading Investors jump into Ubiquity6’s picture