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Daily deal net: May 7, 2020

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


May 7, 2020

Enflame lights up $98.7m series B

Tencent has returned for a series B round raised by the semiconductor technology developer, having also participated in a $43.4m funding round last year.

May 7, 2020

Covariant covets $40m

UC Berkeley-aligned generalised robotics software developer Covariant previously collected funding from Samsung Q Fund while it still operated in stealth mode.

May 7, 2020

Cockroach Labs inserts $87m into series D

GV has returned for an $87m series D round for Cockroach Labs, having already participated in all of the database technology developer’s previous rounds.

May 6, 2020

Nvidia designs Cumulus acquisition

Two years after Telstra Ventures led a $43m series D round for Cumulus Networks, Nvidia has agreed to purchase the data centre networking technology provider.

May 6, 2020

GigaSpaces finds room for $12m round

Intel Capital-backed GigaSpaces increased its funding total to $60m with a round set to drive growth of its transactional data orchestration platform.

May 6, 2020

Kingsoft Cloud to claim IPO throne

Kingsoft’s cloud services subsidiary has set its price range for an initial public offering in the US and will raise as much as $450m in proceeds if it floats at the higher end.

May 5, 2020

ASR processes $119m round

TCL Capital was among the investors in a $119m funding round for ASR Microelectronics, which also attracted Zhangjiang and increased its overall funding to $419m.

May 5, 2020

Cinnamon savours series C funding

Geek Pictures was among the backers that invested in the document-reading software provider’s $12.1m equity and debt round that came 15 months after a $15m series B round.

May 5, 2020

Daily deal net: May 4, 2020

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

May 4, 2020

Hypersonix accelerates with series A

Intel Capital led an $11.5m series A round for Hypersonix, the creator of an artificial intelligence-driven autonomous analytics platform for consumer commerce data.

May 4, 2020

Analysis: Rapid7 in $145m DivvyCloud deal

US-based cybersecurity software developer DivvyCloud agreed to be acquired by security analytics provider Rapid7 for $145m in a cash and shares transaction that will give an exit to mass media group Discovery Communications.

May 4, 2020
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