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Corporate venturing deal net: 25-29 May 2020

Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.

May 29, 2020

Idriverplus parks series C funding

The Arm-backed Hopu-Arm Innovation Fund led a series C1 round for the autonmous driving software developer, whose existing backers include Baidu Ventures.

May 29, 2020

UTokyoIPC unites with corporates for carveout fund

Astamuse and Dream Incubator have combined with University of Tokyo for a carveout fund equipped with just over $26m in capital.

May 29, 2020

Goodpatch goes with IPO plans

The user interface engineering startup is set to list on TSE’s Mothers Market, handing exits to Blue Rose, Digital Garage, Finc, Mitsui Sumitomo Insurance and Salesforce.

May 29, 2020

JXTG Accelerator showcases 2019 contenders

The oil and metals producer’s accelerator program has announced five startups for its second edition and hosted the demo day online.

May 29, 2020

C Channel switches to public markets

The female-focused media services provider has listed in Japan, enabling Asahi Broadcasting, AsobiSystem, GMO, Gree, Hakuhodo DY, iStyle, MAK, NEC, Nexyz, Seraku, SoftBank and TBS to exit.

May 29, 2020

Daily deal net: May 29, 2020

Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.

May 29, 2020

Idriverplus integrates eight-figure round

Tsinghua-founded autonomous driving software company Idriverplus has secured Hopu-Arm Innovation Fund for its series C1 round.

May 29, 2020

UTokyoIPC strikes up $26.1m fund

UTokyoIPC-aligned venture unit AOI I secured SMBC and Mitsubishi UFJ for an initial close intended to aid the generation of quality spinouts.

May 29, 2020

Vision Fund prepares for job cuts

Vision Fund is reportedly set to reduce the size of a 500-strong team by about 10% in the wake of some $18bn in losses over the past year.

May 29, 2020
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