Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Transcelestial, a Singapore-headquartered company exploring the possibility of a laser-based high-speed internet system in space, has raised $9.6m in series A funding from investors including Airbus Ventures, the investment arm of aerospace manufacturer Airbus, The Business Times reported today. EDBI and Wavemaker Partners co-led a round that included the Singaporean state-owned Cap Vista, Partech Ventures, Tekton Ventures, Entrepreneur First, Seeds Capital and angel investors Charles Songhurst and Ajay Shah. The company had secured $1.1m from Wavemaker Partners, Seeds Capital, Airtree…
