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Page 777

Ayala aligns with corporates for $30m series B

The cancer drug developer has closed a series B round led by development partner Novartis that included Harel Insurance and Finance and SBI JI Innovation Fund.

May 30, 2019

Kiutra cools down with seed funding

TUM spinout Kiutra has secured seed funding to ramp up operations for its cyrogenic cooling technology, which it regards as the answer to the problem of industrial-scale quantum manufacturing.

May 29, 2019

FullDepth takes $3.1m plunge

University of Tsukuba-founded submarine drone maker FullDepth secured capital from investors including Sumitomo Forestry’s Tsukuba Research Institute and Mitsui Sumitomo Capital.

May 29, 2019

Morse Micro keys in $17m

Morse Micro, a designer of wifi chips for IoT applications, has won the support of Uniseed and the Csiro Innovation Fund in a round that brought its total to at least $20.8m.

May 29, 2019

Neural Concept designs seven-figure round

HTGF and Consantia Industries have pumped funding into EPFL spinout Neural Concept, which believes its deep learning technology will reduce lead times for manufacturers of physical goods.

May 29, 2019

Forcen prises open $500,000

Several university investors lined up to support sensory film supplier Forcen's seed round, with the proceeds allocated towards an expansion in production capacity and headcount.

May 29, 2019

UTokyo’s Aces acquires capital

Aces has obtained a eight-figure amount from University of Tokyo-focused venture fund Deep30, which mainly backs AI technologies from the university's Matsuo Lab.

May 29, 2019

Lenovo lends more support to NED+AR

Lenovo Capital and Incubator Group has provided $14.4m in series A funding for the augmented reality module technology developer having also led its last round.

May 29, 2019

PhonePe calls in Tencent for $1bn round

Tencent is in talks to participate in a $1bn round that would enable the mobile payment platform to spinoff from parent company Flipkart at a valuation of up to $8bn.

May 29, 2019

Toyota to decide on Didi Chuxing investment

The carmaker, already a shareholder in Uber and Grab, is considering an investment of about $550m in the Chinese ride hailing app developer.

May 29, 2019
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