Consumer

Sector report: Telecoms

Last month, Jeff Herbst departed from US-headquartered semiconductor technology provider Nvidia, where he had led its business development activities and corporate venture capital (CVC) unit Nvidia GPU Ventures for two decades starting in 2001.

A Taiwanese industry association and Global Corporate Venturing jointly organised a second semiconductor, artificial intelligence (AI) and quantum computing-themed panel held under Chatham House Rule on July 27, after a similar discussion in late April.

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AEI HorizonX took part in a round for satellite technology provider Isotropic Systems exceeding $35m while esports company Misfits Gaming raised $35m in a Scripps-led round.

The grocery delivery service has reportedly pulled in $950m to $1bn through a Delivery Hero-led round at a valuation of $3bn.

Alphabet-backed CRM software provider Freshworks went public, boasting a market cap of $13.5bn.

Sleep apnoea treatment developer Cryosa raised $21m in a Hoya-backed series B round while CommerzVentures led a $17m round for financial tool developer Doconomy .

Nreal is looking to officially launch its range of augmented reality glasses in China and elsewhere with a new capital infusion from investors includung Nio Capital.

Live Nation, Kering and Foot Locker have backed a capital injection which will support the expansion of livestream shopping platform Ntwrk.