SK, Sinopec, Fosun, Sanyi, Xiamen C&D and Hana Financial were part of Kuntian New Energy’s funding that took its pre-IPO round to $295m.
Category: News
Daily Deal Round Up: January 20th, 2023
DaVita took part in Pathalys Pharma’s $150m round while Qualcomm and Samsung were part of Quantum Machines’ $70m series B.
Verizon Ventures appoints new leaders from inside the company
The appointments are designed to tie the ventures team more directly to the parent’s corporate strategy.
The Big Deal: SCG cements Sublime series A round
Sublime Systems raised $40m for its decarbonised cement technology as corporates like Siam Cement Group seek to cut sky-high emissions from building materials.
Zeb climbs to general partner at GV
Sangeen Zeb has become GV’s latest general partner, 18 months after joining the unit as a fintech and enterprise software specialist.
Daily Deal Round Up: January 18th, 2023
Legend Capital led GenScript ProBio’s $224m series C round while Naver helped Wallapop increase its series G to $278m.
Michael Young retires from Caterpillar Ventures
Michael Young leaves after 17 years at the construction equipment manufacturer.
Allcargo finds Northstar for logistics VC partnership
Less-than-container-load specialist Allcargo has harnessed venture firm Northstar.vc for a partnership that will combine on supply chain technology investments.
Daily Deal Round Up: January 18th, 2023
Paypal participated in a $58m round for buy now, pay later service Tabby while Toyota backed carbon-absorbing tree developer Living Carbon’s $21m series A.
It’s not all ChatGPT — 13 other generative AI technologies to watch
A new breed of artificial intelligence startups are moving from basic automation into new areas of creativity. Here are some of the key names and their corporate investors.
Daily Deal Round Up: January 17th, 2023
Cosco Shipping provided $800m for Cofco subsidiary Cofco Fortune while Avary Holding invested $136m in Interconnected Semiconductor Technology.
What Microsoft and OpenAI learned from Sequoia and YouTube
Tech’s greatest deal had been YouTube by Sequoia but the venture model has evolved with founder ambitions
Daily Deal Round Up: January 16th, 2023
China Chengtong took part in CR Biopharma’s $89m series B round while Huafa and SAIC Motor contributed to a $44.5m series A-plus round for Astsic.
Corporate investors hold steady as VCs retreat
Corporate-backed VC deals fell just 2% in 2022 vs a 25% fall for venture capital overall. A record number of new corporate funds were created.