Corporate venturing deal net: 9-13 October 2017

Oct 13, 2017 • Robert Lavine

China-based autonomous driving technology developer HoloMatic has received an undisclosed amount of funding from Bertelsmann Asia Investments, a corporate venturing subsidiary of media group Bertelsmann, and venture capital group IDG Capital, Technode reported today. The round also featured location data provider NavInfo and smart transportation technology producer Zhixing Technology, according to China Money Network.

Internet company Baidu has led an eight-figure renminbi (RMB10m = $1.5m) angel round for China-based convenience store technology developer YI Tunnel through its Baidu Venture unit,…

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