Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
China-based chipmaker Huaxing IC has raised $10m from investors including internet group Baidu and consumer electronics manufacturer Lenovo, which provided its share through its Lenovo Capital and Incubator subsidiary, EastMoney has reported. The corporates were joined by Shenzhen Venture Capital and Angel Wheel, and the funding followed rounds of undisclosed size for the company in 2014 and 2015.
Investors including insurance firm Ping An’s Global Voyager Fund and Chinese government-owned investment group Citic have supplied an undisclosed amount of series…
