IT

The wifi technology provider, backed by a host of corporates, has completed a series E round valuing it at $1.35bn.

The telecommunications operator, spun off by Reliance Industries, is anchoring venture firm Kalaari Capital’s fourth fund, and has already invested $100m of the amount.

The business software producer is set to float in a $172m offering on TSE that will enable Data Applications, Itochu, Pksha, Sansan, Suzuyo, SystemExe, Teikoku DataBank and Toshiba Digital Solutions to exit.

Point72 Ventures led a series C round for Bloomberg Beta-backed Shield AI, which will use the cash to expand its drone software product.

Point72 Ventures has led a $90m series C round for Shield AI, whose leadership includes Carnegie Mellon University’s associate research professor Nathan Michael.

Tencent was among the investors in the remote network software provider’s latest round, which came seven months after an eight-figure dollar round.

The corporate investors have secured $77.3m for a venture capital fund which will back data intelligence technology developers.

The AI accelerator technology developer raised an eight-figure dollar amount in a round led by a China Mobile-backed investment vehicle.

Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.

Q&A with Radhika Malik, senior investment manager, Samsung Catalyst Fund

The Slack-backed app monitoring platform developer raised the money in a round led by returning investor Accel, bringing its total funding to $127m.