IT

EPFL spinout Kandou has pushed its total funding to $96m following a series C round that featured Swisscom Ventures and its Digital Transformation Fund.

Tencent led a series A round for the asset-tracking technology developer that closed with investments from Rakuten and Bloomberg Beta.

The retail marketing software provider has now raised $32m altogether, securing funding in a series B round backed by returning investor Sonae IM.

R/GA is exiting drone workflow automation platform Hangar Technology, which has been purchased by AirMap for an undisclosed sum.

Facebook has paid a reported $500m to $1bn to acquire neural interface technology developer Ctrl-Labs, which had raised $67m from investors including GV and Alexa Fund.

Translation technology provider Unbabel boosted its total funding to $91m in a round that included existing investors M12 and Samsung Next.

Relx-backed big data software provider Palantir is reportedly looking to raise between $1bn and $3bn and hike its valuation to as much as $30bn.

HP has paid an undisclosed sum for anti-malware software producer Bromium, which had raised $110m of funding from investors including Intel Capital.

Summary of corporate-backed funding initiatives 2011-19

Shanghai Electric Hongkong contributed to a round that took the AI computing product developer's overall funding to more than $45m.

The granular data platform raised the money in a series A round led by strategic investor US Ecology that boosted its overall funding to more than $26m.