The Global Corporate Venturing deal net rounds up the smaller investments from across the corporate innovation ecosystem.
Funding
Consumer
Btomorrow Ventures, a corporate venturing arm of cigarette producer British American Tobacco, has led a $4.5m series A round for ParallelDots, an India-based developer of artificial intelligence technology for consumer packaged goods retailers, Business Standard reported today. Multipoint Capital also took part in the round.
Computing
CIBC Innovation Banking, a vehicle for financial services firm Canadian Imperial Bank of Commerce, and Kayne Partners co-led an $80m series B round for Panzura, a US-based cloud data management platform operator.
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