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Corporate venturing deal net: 7-11 January 2019

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

Jan 11, 2019

ClearMotion rides investor interest to raise $115m

Microsoft, Bridgestone and Qualcomm all contributed to a series D round for MIT spinout ClearMotion, which emerged from stealth earlier last year with $130m in funding.

Jan 11, 2019

ClearMotion rides investor interest to raise $115m

Microsoft and existing investors Bridgestone and Qualcomm all contributed to a series D round that follows a $100m series C two years ago.

Jan 11, 2019

Ant Financial picks Perfect Digital for investment

An affiliate of Ant Financial has taken a 30% stake in the campus information platform operator, a spinout of Newcapec Electronics, following a $36.5m investment.

Jan 11, 2019

Boston Metal strikes $20m

MIT molten metal production spinout Boston Metal has drawn funding from the Engine in its first publicly disclosed funding round.

Jan 11, 2019

Akulaku to accrue $100m in series D funding

Ant Financial is considering a commitment to a forthcoming round for instalment buying and lending platform Akulaku as a strategic investor.

Jan 11, 2019

Parkwalk Advisors funds flow to Flusso

University of Cambridge flow sensor spinout Flusso was previously backed by the university’s Cambridge Enterprise tech transfer office in June 2017.

Jan 11, 2019

DNAstack piles up funding

Genomics data management and analysis platform DNAStack has secured a follow-on investment from Facit, building on the commercialisation unit's initial commitment in 2017.

Jan 11, 2019

Lettus Grow harvests $585,000

University of Bristol Enterprise Fund has returned with more cash for irrigation system developer Lettus Grow, founded by Bristol graduates and students.

Jan 11, 2019

Ola organises $74m from Steadview Capital

Existing backer Steadview Capital has provided another $74m for ride hailing platform Ola, whose shareholders also include Tencent, SoftBank and Didi Chuxing.

Jan 11, 2019
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