The carmaker has acquired a 10% stake in electric vehicle developer Rimac Automobili, adding to a $35m investment by Camel Group in September.
Author: Robert Lavine
AT&T dials up AppNexus for $1.6bn acquisition
Online advertising platform AppNexus is in talks with AT&T over a deal that would follow more than $340m of funding from backers such as WPP, Microsoft, News Corp and Deutsche Telekom.
Xiaomi nets cornerstone investors for $6bn IPO
Qualcomm, China Mobile and SF Express are among seven cornerstone investors that will buy 10% of the shares in the Hong Kong offering.
Agorai arranges artificial intelligence accelerator
The artificial intelligence tool marketplace established the accelerator as part of a $26m investment drive in the UK’s AI space.
Banrisul to bank on corporate venturing
The Brazil-based bank has supplied half the capital for a $13.5m fund that will invest in local fintech startups.
Immuta handles corporates to secure $20m
The AI data management software developer has raised money in a series B round featuring Dell Technologies Capital and Citi Ventures.
SmartAsset asserts itself in $28m series C
Citi Ventures came on board as an investor in the financial advisory platform, which also counts Ageon and New York Life as backers.
Cisco makes it to July acquisition
Indoor location software provider July Systems, which has received funding from Intel, Acer and Motorola, is set to be bought by Cisco.
SigFig signs up for $50m
Existing investors New York Life and UBS came back for a series E round that increased the wealth management platform’s total funding to $120m.
Decibel amps up with $55m series C
Decibel Therapeutics, which is developing drugs to combat hearing loss, raised the cash in a round that included SR One, Regeneron and GV.
Cylance proves golden to raise $120m
The endpoint security software producer, which counts Citi, Capital One, Dell and TenEleven as investors, has now raised almost $300m in total.
Speedinvest spies corporates for $58m fund
Raiffeisen and Uniqa have contributed to a fund that will help the firm expand from seed-stage deals to series A and B rounds.
CrowdStrike hits series E to raise $200m
CapitalG returned for a round that boosted the endpoint protection platform’s overall funding to more than $480m, valuing it at more than $3bn.
Flipkart squares Cube26 exit in Paytm acquisition
Paytm has paid an undisclosed amount for the AI technology developer, which raised $7.7m in a Flipkart-backed round in 2015.