Workday Ventures has exited recruitment matchmaking platform Simppler in an acquisition by Teamable two years after it invested in the company.
Author: Callum Cyrus
QinBaoBao enters series C stage
TAL Education joined conglomerate Fosun and VC firm Shunwei Capital in a round for parenting app developer QinBaoBao sized in the eight-digit dollar range.
News round up 29 October 2018
A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.
Xunlei contacts People’s Daily for blockchain partnership
The corporates will establish a blockchain lab to look at applications using the cryptographic record system while also running related workshops and competitions.
Xgene cracks series B code to raise $20m
Small-molecule therapy developer Xgene Pharma has received $20m in a Ping An Ventures-led round that also featured a subsidiary of Sinar Mas.
EyeSight stays alert for $15m
Jebsen Capital co-led a round that boosted the total raised by computer vision technology developer EyeSight, whose backers include Kuang-Chi, Ceva and Mitsui, to $50m.
K4Connect fuses with corporates in $12m series B
Intel, Axa and Reinsurance Group of America all invested in K4Connect, the developer of an operating system for connected household devices catered to older and disabled users.
Syntiant syncs with corporates in $25m series B
Neural network processor developer Syntiant has attracted Intel, Motorola, Robert Bosch, Applied Materials and Microsoft to a round that follows an Intel-led series A in May.
Filld puts $15m in the tank
Fuel retailer Parkland contributed to a round that lifted JF Shea-backed on-demand fuel supplier Filld’s total funding to $31m altogether.
Azur collects series B premium
Azur has won the support of co-founders AIG and Ascot as well as fellow insurer Hyperion to develop products targeting the high-net-worth insurance segment.
100 Thieves takes funding haul to $25m
Media holding company WndrCo is among the investors in a series A round that helped eSports and lifestyle brand 100 Thieves take its total funding to $25m.
Cethik buys into NextVPU’s series A vision
The China Electronics Technology Group subsidiary has invested $28.7m in NextVPU, which will use the funds for R&D, recruitment and the pursuit of its growth strategy.
Oracle catches DataFox
Alphabet and Slack have exited business intelligence software provider DataFox in an acquisition of undisclosed size by Oracle.
GLP helps Dingding produce series A funding
Global Logistic Properties took part in a $14.4 round for business-to-business food supplier Dingding Fresh Food, adding to its portfolio of logistics-orientated businesses.