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Page 159

Leju Robotics fetches series B funding

The AI-enabled humanoid robot builder has received $36.4m in funding from investors including existing backer Tencent, which supplied its series A financing two years ago.

Jun 21, 2019

Arteac-Lab experiments with Simbox licence

Satt Sud-Est has assigned an exclusive licence to Arteac-Lab, co-founded by former CNRS researcher Philippe Herzog, for an electroacoustic modeling software called Simbox.

Jun 21, 2019

Xiaomi forms $29m venture firm

The smartphone maker has launched a $29m VC and consulting business subsidiary based in the Chinese city of Chongqing.

Jun 20, 2019

Wu takes cue at Alibaba Innovation Ventures

Chief financial officer Maggie Wu has been put in charge of strategic acquisitions and investments at Alibaba, replacing executive vice-chairman Joe Tsai.

Jun 19, 2019

Corporate venturing deal net: 10-14 June 2019

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

Jun 14, 2019

GE Ventures to sell its portfolio

General Electric had considered spinning out its corporate venturing operation, but has now shifted its focus to finding a buyer for a portfolio consisting of stakes in more than 100 companies.

Jun 14, 2019

Creema tops up with $10m

KDDI and SMBC have returned to back a $10m round for artisanal e-commerce platform Creema alongside fellow corporates Japan Post, Mixi, SBI and Mitsui Fudosan, almost doubling its overall funding to $21m.

Jun 13, 2019

Depop bags $62m series C round

Lumar-backed social shopping app Depop has received $62m in a series C round that will fund the company's expansion in the US.

Jun 10, 2019

Peloton Interactive enters IPO cycle

Peloton has confidentially filed for an initial public offering in the US that would follow $995m of equity funding and provide exits for Comcast and Grace Beauty.

Jun 6, 2019

MilkBasket loads up with more funding

The daily grocery delivery service has now raised about $28m to date, securing $10.5m in a Unilever Ventures-led round.

Jun 5, 2019
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