Industrial

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.

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 .

The autonomous driving technology secured the funding

Advantest, MediaTek Capital, Porsche and Champion Motors were among the investors in a $50m tranche of the electronics maintenance software provider’s latest round led by Koch Disruptive Technologies.

Call Insurance was among the investors that backed the farming robot producer’s fresh round, which took its overall funding to $50m.