BAIC Group has contributed to a $57.8m round for AISpeech, a natural language processing technology developer already backed by Foxconn, MediaTek and Legend Holdings.
Author: Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
Cato Networks captures $77m
Singtel Innov8 returned for Cato Networks’ latest round, which advanced the enterprise networking technology provider’s total funding past $200m.
Privitar polishes up $80m series C round
Salesforce Ventures and ABN Amro Ventures helped data privacy software producer Privitar push its overall funding to more than $140m.
Servier orchestrates Symphogen acquisition
Novo and Takeda are set to exit antibody therapy developer Symphogen in an acquisition by one of its strategic partners, Servier.
Lunar lines up more series B capital
The Nykredit-backed digital banking service has expanded its series B round to $50.4m after collecting $21.8m in an extension led by Seed Capital.
Apple anticipates $100m NextVR acquisition
NetEase, SoftBank, Time Warner, Madison Square Garden, Dick Clark Productions, Citic Guoan, Founder Group and Comcast could all exit the virtual event platform developer.
Narwal Robotics dives into series B round
Digital media company Bytedance has co-led a $14.1m round for Narwal Robotics, which produces autonomous floor cleaning robots.
AM-Pharma amplifies latest round to $182m
Cowen and European Investment Bank added $52m to a $130m first tranche closed by the AbbVie and Pfizer-backed kidney injury drug developer in July.
Collibra collects $112m
CapitalG returned for a late-stage round that pushed Collibra’s total funding beyond $345m and boosted its valuation to $2.3bn.
Olive collects $51m
General Catalyst led a $51m round for the Ascension-backed healthcare automation technology developer, which has now received $119m in total.
Enovix extracts $35m in funding
An unnamed technology company led the latest round for battery developer Enovix, whose existing investors include Intel, Cypress Semiconductor and Qualcomm.
Tiger Global waltzes into Bytedance
Tiger Global Management has acquired a stake in SoftBank-backed Bytedance, which is now valued at up to $100bn, over the past couple of years.
NextVPU executes series B round
Cethik-backed artificial intelligence chipmaker NextVPU has received $42.3m from unnamed investors to scale its research and development activities.
Hooq clasps liquidation option
The online streaming service, which had raised $95m from SingTel, Warner Bros and Sony Pictures, has filed for liquidation following a failure to scale in the fact of stiff competition.