Splunk helped cybersecurity software provider Deepwatch secure $180m while Alibaba sold off the rest of its One97 stake for $167m.
Category: News
The Big Deal: Curie.Bio brings coaching to early-stage biotech
GV helped head up a 35-strong investor network backing Curie, which has raised $520m to bring CVC-like strategic help to its seed-stage drug developer portfolio.
Assa Abloy backs smart locker-focused fund Locker One
Locker One Ventures is targeting products that can integrate with corporate backer Assa Abloy’s public locker network.
Takker moves up at J.P. Morgan FinTech Strategy & Investment
Chirag Takker has been promoted to vice president at J.P. Morgan’s corporate venture unit.
Deal Roundup: Alphabet spinoff SandboxAQ secures $500m
Alphabet spinoff SandboxAQ raised $500m while Alphabet unit GV helped provide $193m for Aera Therapeutics and $520m for Curie.Bio.
Huangfu departs from Huobi Ventures
After working for Huobi Global’s corporate investment division for nearly two years, Evans Huangfu has joined Arcane Group.
Maersk: startups are key to solving the supply chain crisis
Maersk is transforming from a shipping line to a tech-powered logistics company and Shereen El Zarkani, head of Maersk Growth, how startups will play a part.
Deal Roundup: Nanograf nabs $65m in series B
Nabtesco took part in Nanograf’s $65m series B round while Cox Enterprises chipped into Checkerspot’s $55m series C.
Crawford accelerates at GM Ventures
Stefon Crawford has been promoted from principal to partner at General Motors’ corporate venture arm, GM Ventures
Btmorrow Ventures taps M&A head to lead unit
Juan Palacios replaces Lisa Smith, who left the company in January.
Deal roundup: Aspire asserts itself with $100m series C
MassMutual and Paypal took part in Aspire’s $100m series C round while Credit Suisse led Taurus’s $65m series B.
Nagraj Kashyap leaves Softbank Vision Fund
The corporate venturing veteran, who founded Microsoft’s CVC, M12, joins the list of recent departures from the embattled fund.
Deal Roundup: Zeekr seeks out $750m series A
Contemporary Amperex Technology was among the investors in Zeekr’s $750m series A round while Bank Al Jazira led a $156m series C.
Corporate venturing drops further in January
Funding for agricultural technology startups and deals in India increased in January, amid an overall fall in activity.