Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
MakinaRocks, the South Korea-based creator of an artificial intelligence-equipped software tool for monitoring manufacturing processes, closed a ₩12bn ($10m) series A round on Wednesday featuring carmaker Hyundai Motor as well as LG Technology Ventures and Applied Ventures, subsidiaries of conglomerate LG and chipmaker Applied Materials, The Korea Herald reported. The round included Korea Development Bank, Daesung Private Equity, Shinhan Investment and HB Investment and it followed an undisclosed amount of seed funding from Hyundai, internet group Naver’s D2 Startup Factory…
