IT

IT training software spinout Sidecar Learning has received capital from University of Arizona’s Asset Development Program after joining the state-funded I-Corps accelerator.

Alibaba-backed software services provider Authine has secured $14.9m in a series B round led by Gaorong Capital.

Qualcomm and Inven Capital co-led a round that boosted the infrastructure-focused cybersecurity software provider's total funding to $48m.

The Motorola and UPS-backed drone manufacturer has shut down just two months after switching focus to a data-based business model.

BMW Group Asia, Intel and Nielsen have formed partnerships with Tribe Accelerator, which is focusing on distributed ledger startups.

The SoftBank´s Vision Fund participated in a $300m round of robotics tech provider CloudMinds. This is a deal in the wider robotics and drones space, which has seen much growth in recent years

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

Voice interface technology developer Mobvoi, backed by Alphabet and Volkswagen, is looking to raise $100m at a $1bn valuation before seeking an initial public offering in Shanghai.

Parkwalk Advisors has injected an additional $2.6m into GeoSpock, two months after the Cambridge spinout secured $12.8m in a round co-led by the fund manager.

Tencent has returned to lead a $297m series D round for big data technology producer MiningLamp, having co-led its $159m series C a year ago.

Riverwood has invested $50m in the Salesforce-backed cloud software testing platform, which has now raised approximately $144m in funding altogether.