IT

The number of corporate-backed companies going public declined in 2019, despite some major IPOs like those of Uber, Lyft and Slack.

Cookpy, Hustar, Sutelura and Wilico have graduated from the YJ Capital and East Ventures-run accelerator’s sixth and seventh cohorts.

Salesforce Ventures and existing backer M12 contributed to a $13.5m round that took the government feedback data provider's total funding to more than $21m.

Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.

True Digital Group supplied a nine-digit renminbi amount for the Baidu-backed smart retail system developer that will fund international growth.

GV and Decibel co-led the round having previously backed the U-M networking cybersecurity company alongside Greylock Partners in 2016.

M12 returned to reinvest in the document automation software provider to help it increase its overall funding to $55m.

Seed investor GV co-led a $15.5m round for the internet-of-things security technology provider that will go to expanding headcount.

The identity authentication software developer took $30m in a round that attracted existing backer Singtel Innov8 and new investor Citi Ventures.

The robotics and automation technology producer formerly known as Open Associates has launched an investment arm to invest in AI and IoT startups.

M12 and Applied Ventures co-led a $35m round for Syntiant, which is working on chips for artificial intelligence-powered voice processing at the edge.