US-based semiconductor technology developer IQ-Analog Corporation has raised an undisclosed amount in a series B round led by aerospace company Lockheed Martin through its Lockheed Martin Ventures unit. IQ-Analog had closed $5.6m of an $8.1m round as of October 2016 according to a regulatory filing, but has not confirmed whether the funding represented part of its series B round.
Mitsubishi UFJ Capital, the venture capital arm of financial services firm Mitsubishi UFJ Financial Group, supplied an undisclosed amount of series D funding to US-based treasury software provider Kyriba on Monday. As of September this year, Kyriba had already raised $23m from financial services provider HSBC, the Bpifrance-owned Large Venture and family office Daher Capital for the series D round.
US-based peptide therapeutics developer Circle Pharma raised $4.5m on Wednesday in a series A round led by Mission Bay Capital that included pharmaceutical company Pfizer, ShangPharma Investment Group, which forms part of pharmaceutical and biotech research and development firm ShangPharma, and a syndicate of individual investors. Pfizer and Mission Bay had provided an undisclosed amount of seed funding for Circle in 2014 before ShangPharma added an undisclosed sum in January this year.
Germany-based bus travel service FlixBus has received an undisclosed amount of funding from automotive manufacturer Daimler, investment firm Silver Lake, growth equity firm General Atlantic and VC firm Holtzbrinck Ventures. Daimler, Holtzbrinck Ventures and General Atlantic all took part as existing investors, the company’s past backers also including VC firm UnternehmerTUM.
Cybersecurity software producer Qihoo 360 Technology has invested an undisclosed amount in China-based live video streaming platform Panda TV, China Money Network reported on Tuesday. The deal comes after Panda TV raised $54m in a September 2016 round led by LeCloud, the cloud computing division of internet group LeEco, which valued the company at $360m.
Minimal Technologies, the Japan-based creator of online multilingualisation platform Wovn, has raised ¥300m ($2.6m) in a series B round led by SBI Investment, the VC arm of financial services firm SBI Holdings, that included printing services provider Toppan Printing, digital marketing firm Adways and SMBC Venture Capital, the VC fund operated by Mitsui Financial Group, The Bridge has reported. Opt Ventures and Nissay Capital, subsidiaries of advertising agency Opt and insurer Nippon Life, had already provided $1.1m for the company in September 2015.
Germany-based hearing loss treatment developer Acousia Therapeutics has closed a €2.5m ($2.6m) funding round led by pharmaceutical company Boehringer Ingelheim’s strategic investment subsidiary, Boehringer Ingelheim Venture Fund. The round included contract researcher Axxam, which will transfer some of its therapeutic assets to Acousia in conjunction with its investment, and development bank KfW.
Colombia-based engineering, procurement and construction services provider Erco Energía received an undisclosed amount of funding on Monday from FCP Innovacion, the VC fund sponsored by utility Empresas Públicas de Medellín, and investment platform Innova Capital Partners. Erco will use the funding to support construction of solar power projects in the area.
VC firm InvestEco has provided an undisclosed amount of series B funding for Canada-based meal-kit delivery service Chefs Plate. The series B round, which stood at $6m as of September this year, already included Emil Capital, a corporate venturing subsidiary of retailer Tengelmann, as well as Acton Capital Partners and BrandProject, and comes after Emil Capital and BrandProject had invested $2m in Chef’s Plate in October 2015.
VC firm Cyber Carrier has added an undisclosed amount to the series B round being raised by India-based car sharing service Zoomcar, E27 reported on Tuesday. The round, sized at $24m as of September this year, was led by carmaker Ford’s Smart Mobility unit and featured Nokia Growth Partners, the corporate venturing arm of communications technology provider Nokia, Sequoia Capital and Empire Angel. It increased Zoomcar’s overall funding to $47m.
Internet company Tencent and Comcast Ventures, the corporate venturing vehicle for mass media group Comcast, contributed to the $1.3m seed round closed on Monday by Paystack, a US-based developer of online payment technology for the African market. The round also featured Singularity Investments, Spark, M&S Partners, Tokyo Founders Fund, Blue Rinc Capital, Pave Investments, KIBS-CFY Partners and assorted angel investors.
Cobalt DL, the UK-based developer of a post-trade processing network, has received an undisclosed amount of funding from financial services firm Citi, one of its launch customers as it prepares to fully unveil its platform in 2017. The startup’s private peer-to-peer network uses blockchain technology to reduce risk and costs.
Colombia-based bus ticketing platform Pinbus has received an undisclosed amount of funding from conglomerate Santo Domingo Group through media subsidiary Caracol Televisión and incubator unit Inqlab, Pulsosocial has reported. Pinbus has agreements in place with 14 transportation companies and aims to serve almost 200,000 passengers in 2017.
Axiata Digital Innovation Fund, the corporate venturing vehicle for telecom group Axiata, has invested $890,000 in Malaysia-based vehicle telematics technology developer Katsana, Tech in Asia reported on Monday. Katsana will use the capital to commercialise its latest product, an analytics and gamification platform for the motor insurance sector called Katsana Insight.
Italy-based wifi sharing platform Wiman has received an undisclosed amount of funding from Tim Ventures, the corporate venturing arm of Telecom Italia, and VC fund P101, EconomyUp has reported. The precise sum raised by Wiman was not disclosed but the round forms one of three sized at a total of €1.2m ($1.25m) in which P101 recently participated. Wiman raised €700,000 from Tim Ventures, Programma 101 (P101), and Club Italia Investimenti 2 in 2014.