Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Breed Reply, internet-of-things technology provider Reply’s investment arm, has participated in a €7.5m ($8.3m) funding round for Iotic, the UK-based creator of a digital twin development platform, Business Weekly reported yesterday. Venture capital firms IQ Capital and Talis Capital also contributed to the round, and both IQ Capital and Breed Reply were existing investors in the company.
Automotive manufacturer Bajaj Auto provided $8m in funding for India-based electric scooter rental service Yulu on Monday in connection with a strategic partnership…