Siemens’ Next47 led the ride hailing management platform’s series B round, which included corporate venturing unit ST Engineering Ventures.
Author: Robert Lavine
Impact forms $30m series C round
Impact Therapeutics will invest the cash from the Lilly Asia Ventures-backed round to further develop its lead cancer treatment candidate.
Tencent helps supply almost $50m for Suiyuan
The corporate has led a $49.8m pre-series A round for Suiyuan Technology, which will use the proceeds for research and development.
Weimob winds up for Hong Kong IPO
The social media marketing platform is backed by HNA, Jinzi Ham and Tencent, and has reportedly raised almost $210m.
Koubei and Ele.me consider big-money merger
Alibaba spinoff Koubei could merge with another subsidiary, Ele.me, as SoftBank Vision Fund enters talks to lead a round of up to $5bn.
Karuna tunes into $42m series A
The psychiatric and cognitive disorder drug developer secured the financing in a round backed by its founder, PureTech Health.
Falabella falls for Linio in $138m acquisition
E-commerce marketplace Linio had raised $230m from investors including Tengelmann, Access Industries and Rocket Internet.
Cisco drives Dremio’s series B to $30m
The networking technology provider has added $5m to the data sourcing software provider’s latest round, taking its overall funding to $45m.
Evidation escalates fundraising with $30m
Corporate VC units GE Ventures and Sanofi Ventures both invested to help the health behaviour tracker take its funding to $61m altogether.
THG to try out corporate venturing
The diversified conglomerate intends to invest between $50m in areas such as energy, infrastructure, materials and environmental services each year.
SoftBank eyes India with $5bn Asia fund
The corporate plans to begin talking to prospective investors next month for a fund that will invest half its capital in India.
Corporate venturing deal net: 30 July-3 August 2018
Deutsche Telekom Capital Partners, the corporate venture capital arm of telecommunications firm Deutsche Telekom, invested $10m in Dynamic Signal, the US-based developer of a communications platform for employees, on Tuesday. Dynamic Signal had raised a total of $88m as of February this year when it secured $36.5m from investors including M12, Cisco Investments and Time… Continue reading Corporate venturing deal net: 30 July-3 August 2018
LeoLabs picks up $13m in series A
Existing investor Airbus Ventures co-led the round, having backed the space debris-tracking technology startup’s seed round last year.
GV eyes Verana in $30m series C
Verana Health, a life sciences product development platform formerly known as DigiSight, has received funding in a GV-led round featuring GE Ventures.