Corporate venturing deal net: 26-29 March 2018

Mar 29, 2018 • Robert Lavine

US-based stream processing software startup Fastdata.io received $5m on Tuesday in a seed round co-led by venture capital firm Pelion Venture Partners and seed-stage investor CrossCut that included graphics processing technology provider Nvidia. Fastdata raised $1.5m from Nvidia’s corporate venturing unit, Nvidia GPU Ventures, and undisclosed other investors in May 2017, and the latest funding came as it prepared to launch and demonstrate its technology at the Nvidia GPU Technology Conference this week.

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