Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
NetDrive, a Taiwan-based energy data technology developer, secured $10m in series B funding on Tuesday from e-commerce group Alibaba’s Taiwan Entrepreneurs Fund and Arm IoT Fund, which is owned by semiconductor technology producer Arm Holdings, a subsidiary of telecommunications group SoftBank. It had raised a total of $270,000 as of May 2018, when it received $180,000 from undisclosed investors.
Stonewise, the China-based creator of an artificial intelligence-equipped drug development software platform, has received nearly $10m in a series A round…