The beverage producer and retailer was valued at a reported $60m in a seed round backed by Coca-Cola’s Venturing & Emerging Brands vehicle.
Author: Jack Hammond
Toreta tables NTT Docomo funding
The restaurant reservation software provider, received $27.2m from NTT Docomo which, like Salesforce, Itochu and Mitsui Sumitomo Insurance, is an existing investor.
Corel purchases Parallels as corporates exit
Cisco and Ingram Micro are among the investors in virtualisation software producer Parallels, which has been acquired by Corel for an undisclosed sum.
GV brings in Kapeller to target biotech
Alphabet subsidiary GV has bolstered its biotech focus by bringing in Rosana Kapeller as an entrepreneur-in-residence and David Reshef as venture partner.
Consensys to disperse its startups
The blockchain software producer is planning to spin out most of its incubator startups as its Consensys Labs unit refocuses on direct investments.
SBI hands $15m to Gorilla
The AI-powered video analytics technology producer, which is backed by Telstra, EMC, Acer and HTC, has raised $15m to fuel an expansion into fintech.
Malta stores $26m in series A funding
Concord New Energy and Alfa Laval have both invested in Alphabet spinout Malta, which is working on electrothermal energy storage systems for the grid.
Inscripta engineers $30m series C extension
Existing investors including Institut Mérieux have added $30m to the $55.5m in series C funding secured by the gene-editing technology developer in March.
HoloMatic parks series A funding
The AI-powered driverless vehicle technology developer received tens of millions of US dollars in the Sequoia-led round, which includes re-ups from Bertelsmann and NavInfo.
Woowa Bros orders in $320m
The CyberAgent-backed online food delivery service is valued at $2.6bn, as of a $320m round led by Hillhouse Capital that included Sequoia Capital and GIC.
Cloud Constellation collects $100m
China-based Haier Group has provided $100m of series B funding for Cloud Constellation, the creator of a space-based cloud storage network.
E-huandian charges up with series B cash
Qualcomm and existing backer Hyundai both invested in a $43.5m round for Immotor’s EV battery rental spinoff that was led by US-China Green Fund.
AEye accomplishes $40m series B close
LG, SBI, Hella and Hynix contributed to a second close of the road-mapping system developer’s latest round, which already featured Intel Capital and Airbus Ventures.
YouGov completes Portent.io purchase
YouGov has purchased the AI-powered social analytics startup, one of its portfolio companies, to broaden its social monitoring and data science analytics tools.