To follow in Hitachi’s footsteps, a corporate would need to build a small team, secure a small amount of capital and engage in a fail-fast methodology.
Author: Jordan Williams
Airspace tracks $38m in series C
Telstra Ventures co-led a round also backed by Qualcomm Ventures and Prologis Ventures, helping the logistics tracking technology provider reach $70m in total funding.
Roostify receives $32m in series C
JPMorgan Chase and Mouro Capital helped the mortgage lending platform developer take its total funding to more than $65m.
DataCore rings up Caringo purchase
DataCore paid an undisclosed amount for the Vodafone-backed data storage technology provider, which had raised more than $29m pre-acquisition.
Xiamen C&D backs $441m Qiming fund
Venture capital firm Qiming Venture Partners has netted Xiamen C&D and unnamed insurance providers as limited partners for its latest renminbi fund.
Mivi ends series B on $35m
The corporate-backed Cardeation Capital took part in a round for the medical device developer that was led by an unnamed medical technology provider.
Xiaobang Guihua gets series B-plus funding
Existing investor Tencent returned to back an eight-digit dollar round for the insurance advisory platform that will fund innovation and brand management.
IMVU impresses to raise $35m
The Best Buy-backed social networking platform has secured funding from investors including NetEase in a round boosting its overall funding to $77m.
WeNext Technology wins $16m in series A
Nio Capital and CAS Investment Management co-led the additive manufacturing services provider’s series A round.
NGL inherits Everplans
Transamerica, Aegon and Reinsurance Group of America have exited the inheritance planning platform developer in a purchase by National Guardian Life.
Edge Medical Robotics earns series B funding
Kangji Medical co-led a $92.6m round for the Legend Holdings-backed surgical robot developer that also featured China Poly Group.
Plexium extends series A to $63m
Nan Fung Life Sciences’ Pivotal BioVenture Partners co-led a $35m extension to the cancer therapy developer’s series A round.
Cisco vaults into Valtix
Cisco Investments contributed to round bringing the cloud security platform developer’s total funding to over $26m.
Sounding Board sources $13m for series A
The leadership coaching service plans to grow its product and engineering operations after securing new funding from investors including Bloomberg Beta.