Wargaming led the edge AI technology company’s first external funding round, after a five-year hiatus in venture capital investments.
Category: Size
Suzuki launches $40m impact CVC unit in India
Next Bharat Ventures, led by Vipul Nath Jindal, has begun accepting candidates for its four-month accelerator programme.
Emasa Ventures ceases operations
The Chilean auto parts manufacturer has shut down its $20m startup investment subsidiary and its Emasa Mobility Hub after three years.
Japanese electronics maker Edion launches $63m CVC to address ageing population
Co-managed by Innoh Associates, the CVC unit will operate for seven years and back strategic areas such as marketing, retail, energy and AI.
Chevron gets $500m for third Future Energy Fund
The US petroleum supplier will continue to target areas such as decarbonisation, energy storage and carbon capture.
Five global retailers launch $125m VC fund, W23 Global
The joint fund will invest in strategic areas like supply chain and sustainability for Tesco, Ahold Delhaize, Woolworths, Empire and Shoprite.
Thomson Reuters Ventures backs audit AI company Fieldguide
The media conglomerate’s evergreen CVC arm has taken part in the AI-driven audit company’s $30m series B round as part of its broader investment focus on artificial technology.
LG invests $97m in Vista fund
A few months after LG Tech Ventures lifted its capital to $768m, the parent firm has backed Vista to seek AI, bio and automotive companies.
Sony and Intel back company making key part for next wave of smartphones
UK smartphone camera component developer Cambridge Mechatronics’ latest round featured strategic investors Sony Ventures and Intel Capital.
The Big Deal: XGS continues wave of investment for geothermal startups
XGS is the third geothermal startup to raise cash this year, as the industry looks to overcome drilling costs and geography.
Aelf Ventures launches $50m web3 ecosystem fund
The CVC unit’s main focus includes growth-stage web3 projects, having already backed companies including Crystal Fun and Mythic Protocol.
August Deal Round up: Avatr Technology gets $412m in series B funding
Changan Automobile, Contemporary Amperex Technology and China South Industries were all part of Avatr Technology’s $412m series B round.
July Deal Round Up: Healthtech Halodoc secures $100m in funding
Integrated online healthcare company Halodoc secures $100m in series D funding, and money-saving app Snoop is acquired.
CM Venture Capital’s third fund gets $21.7m additional capital
The third fund – backed by Sabic, BAT, Heraeus and Petronas – is targeting $100m and the latest close included Tong An and Anqing High-Tech Zone.