The latest cohort of The Information’s journalism accelerator includes founders from Global Coin Research, The Logic, ThePlug and China Money Network.
Author: Callum Cyrus
Domio checks into series A mode with $12m
SoftBank’s Capital NY fund has invested in short-term accommodation operator Domio as part of a Tribeca Venture Partners-led series A round.
Hong Kong AI accelerator picks lucky seven
SenseTime and Alibaba’s Hong Kong AI and Data Laboratory has chosen its first cohort, with each startup set to receive $100,000 in funding plus office space and access to AI resources.
Brisimitzis makes way at Microsoft
Jim Brisimitzis has left his role heading Microsoft for Startups to become a managing partner at venture capital firm and accelerator Quake Capital.
BBVA and Anthemis open up fintech studio
The banking firm will tap fintech entrepreneurship specialist Anthemis Group’s expertise to foster startups aligned with its innovation goals.
Rabobank helps plant $14m in ProducePay
ProducePay, which provides financing and produce-selling tools for agricultural businesses, has won over investors including financial services firm Rabobank.
Cognata digs in for series B round
Airbus Ventures has returned to back autonomous driving technology developer Cognata’s series B round, having participating in a $5m round for the company last year.
Alta Motors rides into the sunset
Harley-Davidson-backed electric dirt bike producer Alta Motors had raised more than $43m
Corporates hit Click in $19m round
Drug developers Sanofi and Hikma both contributed to a funding round for health management app developer Click Therapeutics to bring its total financing to more than $26m.
Incorta doubles series B to $30m
Corporate venturing units M12 and Telstra Ventures co-led the $15m second tranche of a round for data analytics platform Incorta that already included GV.
Corporates see Sense for $18m series B
Household energy monitor developer Sense has expanded its overall funding to almost $39m in a round backed by Schneider Electric and existing investors Shell and iRobot.
News round up 22 October 2018
A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.
Infusionsoft firms up with $20m Orix investment
Orix Growth Capital has invested $20m in CRM software developer Infusionsoft, which has now raised $145m since it was founded in 2001.
Smule travels to Times Bridge for $20m
BCC subsidiary Times Bridge has invested $20m in music app developer Smule, adding to the $54m it raised in a Tencent-backed round last year.