IT

StartToday-backed wearable sensor provider StretchSense has been purchased out of administration by an unnamed buyer.

The voice-focused electronic component maker increased its overall funding to more than $90m, raising $19m in equity and debt financing.

University of Bristol-founded voice and intelligent control semiconductor developer Xmos has increased its total funding to $91m following a $19m round.

With news that We Co has withdrawn its IPO filing, we take a look at what the move could mean for corporate venturing going forward.

Oracle has revealed it has provided $40m in funding for cloud service microprocessor startup Ampere Computing, taking a board seat in the process.

Citi Ventures contributed to a series D round that nearly doubled the cybersecurity analysis software provider's overall funding to $98m.

Its technology sector is the bedrock but the innovation boost the country needs is beginning to happen.

A snapshot of the corporate-backed venturing activity in Asia-Pacific show it is the second most active region in terms of corporate-backed venture deals and exit count.

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

Returning investors Slack Fund and Salesforce Ventures both contributed to a $22.5m series B round that took the SaaS management platform's total funding past $35m.

Red Star Macaline has contributed to a $210m pre-IPO round for cybersecurity software producer Qi An Xin, which was spun off from Qihoo 360 in 2016.