IT

Google unit Gradient Ventures came back for a round that increased the AI data training startup's overall funding to nearly $39m in under two years.

Cloud-based audio transcription service Otter.ai won the backing of Duke University Innovation Fund and NTT Docomo Ventures in its latest round.

Wipro Ventures is set to exit email security software provider Emailage in an acquisition by LexisNexis Risk Solutions, which is paying a reported $480m.

The University of Bristol-led incubator now has more than 80 portfolio companies, which posted a combined turnover of $77m during 2019.

Orange Digital Ventures and Western Digital Capital contributed to a round that pushed the total raised by the computational storage system developer to $46m.

The financial services provider aims to secure some 200 limited partners for a vehicle that will meld industry 4.0 technology with Japan's Society 5.0 initiative.

LG and ST Electronics are set to exit indoor positioning technology producer Devawave in an acquisition by Qorvo reportedly sized at $400m.

Kakao Ventures co-led a round that also featured Baidu Ventures, LG Ventures and existing backer Samsung Next, taking the 3D collaboration platform developer's total funding to $22m.

OpenLegacy, which already counts RDC, Commerzbank and BNP Paribas as backers, has received $20m from SBI to take its total funding to $70m.

Just ahead of our third annual GCV Israel conference, we take a quick look at corporates’ interest in the rich venturing and innovation scene of Israel.

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