IT

Cosmian has secured backing from the PSL Innovation Fund to advance products based on inventions from multiple French research institutes including PSL-hosted Inria.

Sunshine Insurance co-led the recruitment software producer's series C round, which will fund the development of IfChange's candidate matching technology.

Robotics technology provider CloudMinds has recruited Vision Fund, managed by existing investor SoftBank, for a $300m round that will fund the ramping up of its production capabilities.

The lidar technology developer has followed a $27m series A round by adding $60m from investors including existing backers Cox Enterprises and Exelon.

The Bloomberg-backed cybersecurity technology developer reeled in $26m in a round co-led by Sorenson Ventures, Lytical Ventures and Edison Partners.

Twelve teams will be given the opportunity to participate in the ten-week accelerator, which is also backed by corporates Vodafone Ireland and Ericsson.

The university will benefit from a hub to house its AI and biomedical research in addition to co-working space and a think-tank targeting the ethics of emerging technologies.

Baidu, Deutsche Telekom, Naver, New York Times and ProSiebenSat.1 are all set to exit the machine learning software provider in an acquisition by McDonald’s.

Profitable video conferencing technology provider Zoom has filed to go public, with Qualcomm Ventures set to record an exit.

The online travel booking platform has collected $44.3m in a round featuring Dunamu as well as a reported $30.7m investment from Kakao.

The employee management platform developer has completed an M12-led round that took its overall funding past the $40m mark and will use the cash for hiring.