Next47 has participated in a $205m series D round for Verkada while UPMC Enterprises has co-led SparingVision’s $75m series B.

Fund

Japanese internet and telecommunications firm SoftBank Group Corp intends to form a third Vision Fund with its own capital, a person privy to the development told Reuters yesterday. The vehicle, whose size is yet to be determined, is set to launch in early 2023 if the plans materialise according to the source, who added that the group may increase the size of its second Vision Fund.

M&A

Computational science and artificial intelligence technology group Altair has acquired…

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Edison Fu

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