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Page 343

Corporates allocate $20m to Aeolus

Gakken Cocofump, Medical Care Service and Saint-Care supplied $20m round for the robotics technology developer in addition to helping it move into the senior support business.

Dec 13, 2019

Sojitz helps 3one4 Capital sew up new fund

Emory University's endowment fund was among the LPs that chipped in for the venture capital firm’s Continuum I fund, which has closed at $56.6m.

Dec 13, 2019

Petronas puts $250m fund into operation

Petronas has closed a $250m fund for venture capital subsidiary Piva to strike deals in Europe and North America focusing on future energy, industrial and materials technologies.

Dec 13, 2019

Ucommune works its way toward public markets

Ucomme has formally filed for a $100m initial public offering, confirming months of reports and putting Beijing Xingpai, Dahong Group, Junfa Group, Prosperity Holdings and Yintai Land in line for exits.

Dec 13, 2019

Telkom Indonesia and KB kick off $150m fund

Corporate venturing vehicles MDI Ventures and KB Investment have formally announced their Centauri Fund, which has a $150m target for its close.

Dec 13, 2019

Sparkplus finds space for series B funding

The co-working space provider picked up $25.2m from backers including Asia Cement and founding investor Aju Hotels and Resorts.

Dec 12, 2019

Japanese corporate venturing to get government boost

The Japanese government will introduce tax breaks for firms or corporate venturing vehicles backing tech companies to support domestic open innovation practices.

Dec 12, 2019

Carsome caches $50m

The Hubert Burda-backed second-hand car marketplace has now raised $85m in total, MUFG Innovation Partners and Daiwa PI Partners chipping in for its series C round.

Dec 12, 2019

BCA refills corporate venturing unit

Fintech-focused Central Capital Ventura has received another $14.2m from its parent bank, nearly three years after it was launched with $15m.

Dec 12, 2019

WeLab produces $156m result

Alibaba Hong Kong Entrepreneurs Fund was one of five returning backers to reinvest in the online lending platform as part of its series C round.

Dec 12, 2019
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