NCSoft invested $15m in Mysten Labs to take the latter’s series B round to $300m while Porsche backed Xanadu’s $100m series C.

Sound recognition

M&A

Business operations automation technology developer Mad Street Den has acquired Inturn, a US-based inventory sales platform backed by telecommunications firm Novel Group‘s Novel TMT Ventures, for an undisclosed amount.

Social media platform operator Meta has paid an undisclosed amount to purchase Audio Analytic, a UK-based sound recognition technology developer that counts energy supplier National Grid and aerospace and property group Marshall of Cambridge as…

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Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.