Wuxi SAIC Jinshi Innovation Industry Fund led SemiDrive’s $139m series B+ round while Next47 participated in Locus Robotics’ $117m series F.
Funds
Japan-based health and beauty product retailer Satudora Holdings has formed a corporate venturing arm called S Ventures. The fund will target startups developing products and technology to help solve social issues in the Hokkaido region.
Japanese automotive group Suzuki launched its first corporate venture capital fund, Suzuki Global Ventures, with $100m last month. It will invest in companies aiming to tackle social issues using next-generation…