Robert Lavine – Page 84

Alibaba places pre-series A funds in Plex-VR

Plex-VR Digital Technology, which is applying light field and AI technology to virtual and augmented reality, has secured $15.4m.

Qualcomm’s corporate venturing arm has spent a third of its $150m India fund and plans to make six investments in the country per year.

NEC and Tel Aviv University have established an incubator called AlphaC in order to support cyber technology developers.

Itochu and corporate venturing units GMO Venture Partners and Ad Hack Ventures were among the investors as the recipe video platform raised $18.4m.

Trucking logistics platform Fuyoukache took its total funding to $83m with a JD Logistics-led round that featured existing backers including GLP.

Blockchain platform developer Waves intends to raise $30m for its Basics fund, which will invest in blockchain startup projects.

BioBay, the industrialisation hub where contract pharmaceutical services provider CMab Biopharm is located, is among its investors.

Intel Capital co-led the smartphone and tablet maker’s series A round, as it looks to fund development of its data centre and notebook offerings.

Financial services provider Sundaram Finance has invested an undisclosed sum in educational loans marketplace GyanDhan.

WME Ventures has contributed to a round for Daily Harvest, which ships frozen organic foods to customers free of preservatives or refined sugars.

Hero Enterprise, a motorcycle production spinoff of Hero Group, has invested $10m in LED light maker Corvi.

The agricultural cooperative has formed an accelerator called Dairy Accelerator that will provide $25,000 each to its dairy-focused participants.

Juniper Networks has announced its intent to acquire malware detection platform Cyphort, which has raised $53m from investors including Dell.

Bot detection platform ShieldSquare has raised an undisclosed sum in a round co-led by corporate venturing unit RPG Ventures.