IT

Gaming and internet company Kunlun is committing about $140m to the internet and AI-focused fund as one of its two cornerstone investors.

Pupil, developer of a spatial analysis system for real estate, raised $16.1m in a round led by property developer City Developments that will fund product development.

Microsoft's corporate venturing arm has hired Priyanka Mitra, who had previously logged time in CVC at Kaiser Permanente.

Cisco Investments and Workday Ventures contributed to a round that boosted the total raised by the AI-equipped hiring platform developer to more than $48m.

The quantum computing technology developer secured $17.5m in a round that was co-led by Harel Insurance, taking its total funding to $23m.

Salesforce is set to exit cybersecurity software producer Checkmarx after Hellman & Friedman agreed to buy a majority share at a $1.15bn valuation.

Juniper Networks and Cox have backed a sizeable series B round for edge and cloud computing tech developer StackPath.

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

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

SAP.io and existing investor Nvidia both contributed as the speech recognition technology developer nabbed funding in a series A round.

The corporate-backed artificial intelligence technology producer is looking to raise $500m to $1bn as an alternative to going public.