IT

UMC Capital is set to exit data storage platform developer SwiftStack in an acquisition by Nvidia six years after the company's most recent funding.

The event data platform developer has been acquired after raising $30m from investors including Hewlett Packard Enterprise's Pathfinder unit.

Alphabet’s self-driving car developer Waymo raised its first external funding in a round backed by its parent company and two other corporates.

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

Dell Technologies Capital contributed to a $12m round for silicon-based lidar chip developer Silc alongside Decent Capital and Itic Ventures.

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

SoftBank, JA Mitsui Leasing, Dell and Samsung have all exited the bare-metal server technology provider, which had raised $36m prior to the acquisition.

ABB Technology Ventures and NEC took part in a $60m series B round that will support the AI processor developer’s global expansion efforts.

The IoT security software provider has raised $50m in total, Kaiser Permanente Ventures and Mayo Clinic having boosted its series B round to a likely $33.5m.

HTC Vive is set to exit VR product design platform developer Mindesk after investing in its seed round early last year.

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