Mahindra and Mahindra has led a $12.1m round for the AI-powered crop imaging software provider that will fund recruitment, IT improvements and local growth.
Author: Jack Hammond
Frequency sounds out investors for $62m series C
The Alexandria Real Estate Equities-backed regenerative medicine developer increased its total funding to $147m with a round led by Perceptive Advisors.
Heap collects in $55m series C funding
Deutsche Telekom Capital Partners invested in the Salesforce, WME and Netprice-backed customer data platform as part of a $55m series C round.
Hmlet houses $40m in series B round
Reinventure and Mitsubishi Estate took part in a Burda Principal Investments-led round that will enable Hmlet to open additional co-living spaces in Australasia.
BrightLoom orders in $30m
Starbucks has acquired an equity stake in the restaurant technology developer following a series B round that featured Starbucks franchisees Alshaya and Alsea.
UVeye spies corporates to raise $31m
Toyota Tsusho, WR Berkley and Volvo Cars have co-led a $31m round for the AI-powered vehicle inspection technology provider that followed $4.5m of seed funding.
Consorcio commences corporate venturing with $20m unit
Financial services provider Consorcio has partnered HCS Capital Partners and will invest $20m in Latin America-based fintech startups over the next five years.
SmartE plugs into Mitsui for series B cash
Mitsui has invested $14.5m in SmartE, which will use the proceeds to expand its fleet of electric-powered rickshaws and strengthen its charging infrastructure.
Sennder receives $70m series C delivery
Next47 and Scania Growth Capital both took part in the Lakestar-led round, which reportedly valued the logistics software provider at about $300m.
SoftBank Ventures Asia solicits $270m for fund
The unit has secured $270m in capital for its new early-stage fund ahead of a final close expected to take place in the next six months.
Hellobike pedals towards $400m
Hellobike is talks to raise $400m in an Ant Financial-led round that could increase the bicycle rental platform’s valuation to $5bn.
Corporates find PayMate in $25m series D
Recruit Strategic Partners, Brand Capital and Visa have backed the series D round, which the digital payment platform developer plans to close at $25m.
Corporates help fling more than $50m to iFlix
The online streaming service is preparing an IPO after a Fidelity-led round that included corporate investors MNC, JTBC, Sky, Hearst and Yoshimoto Kogyo.
Kaishu Story calls in Baidu for $50m
Baidu led the children’s fiction provider’s series C round, investing alongside fellow corporates New Oriental Education & Technology and TAL Education.