Industrial

The semiconductor producer completed a nine-figure series C round from investors including SAIC Motor. This is a deal from the semiconductor and chips space, which does not normally see many corporate-backed deals but our data suggest valuations are currently experiencing upward pressure.

Nicolas Sauvage and Andrew Maywah spoke to GCV about the strategic importance of Actnano, its 20th portfolio company.

SoftBank’s Latin America Fund helped prayer app developer Glorify raise $40m at a $250m valuation while decentralised derivatives network Hxro Network secured $34m in a round featuring several corporates.

The BASF and Materialise-backed 3D printing equipment and services provider is set to get a Nasdaq listing through the transaction.

Nio Capital participated in the 3D printing technology producer’s latest round as it looks to accelerate technology innovation.

Nakashima Propeller, Yoshimasu, Proto Ventures and Logistics Innovation Fund are among the LPs that supplied $44.2m to help close the UAV-oriented investment group’s third vehicle.

The semiconductor producer netted a nine-figure amount of series C funding from investors including SAIC Motor vehicle Shang Qi Capital.

The security product maker's coprorate venturing subsidiary has doubled the size of its debut fund for its sophomore vehicle, along with its investment size.

SoftBank Vision Fund 2 led a round valuing the the online industrial metals marketplace at $750m, pushing its overall funding past the $100m mark.

Mercedes-Benz and Stellantis made strategic investments in advanced battery developer Factorial Energy while celluar therapy developer Mana Therapeutics closed its $42m series A round.

From applications in clinical areas such as diagnostics and drug discovery, to the chemical, manufacturing, retail and automotive sectors, artificial intelligence (AI) technologies have disrupted many traditional industries, opening new frontiers and driving the development of ground-breaking solutions.