IT

Deepcore, SoftBank's AI investment subsidiary, is planning to raise a second fund that will be larger in size than the $55m vehicle it launched a year ago.

Asahi Media Lab Ventures, So-net Media Ventures, Eltes and Marui were among the LPs that helped venture capital vehicle Reality Accelerator raise almost $7m for its first fund.

The Telstra and Telkom-backed enterprise messaging software provider priced its shares at the foot of the IPO's range but is in line to raise $32.5m when it floats next month.

Steady is the assessment that comes to mind, rather than remarkable, when probing the year-on-year direction of corporate venture capital investment in university spinouts.

UCL Technology Fund and Parkwalk Advisors have backed UCL and Bristol-founded quantum computing software developer Phasecraft.

Existing backer Google has reinvested in the mobile operating system developer to increase its overall funding to $79m.

Aurora has announced it is set to buy the lidar system developer, which had raised more than $21m from investors including BMW i Ventures and Toyota AI Ventures.

In February and March 2019, we conducted a small pilot survey (n=31) of founders of businesses that have received corporate funding, which were referred to the survey by their corporate backers. We called it the “GCV Founders Survey” and it gave us some interesting insights.

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

The intermediary close of PSL's deep tech-oriented fund comes after additional contributions from the EIF, Bpifrance and Vilmorin & Cie.

Pixie Dust Technologies, which promotes university-derived technologies from Japan, has received $34.7m in a round that included KDDI, Kansai Electric Power, NEC, Toppan, Dai-ichi Life and Dentsu.