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Sino-Russian fund recognises Megvii in $460m round
Megvii, the developer of a facial recognition software called Face++, raised $460m in funding from a consortium led by Russia-China Investment Fund.
Dec 13, 2017Menlo mines corporates to raise $40m
American Express, Ericsson, JPMorgan Chase and HSBC all contributed to the round, boosting malware protection technology developer Menlo Security's total funding to $85m.
Dec 13, 2017Kingsoft Cloud keeps going with $300m
Parent company Kingsoft invested $150m to retain a majority stake in its cloud services spinout, which has now raised about $500m in total.
Dec 13, 2017GenXComm connects to series A investors
UT Horizon Fund has returned for a $7m series A for GenXComm, having also contributed to a $1.5m seed round in June this year.
Dec 13, 2017Corporates see Mirriad possibilities in $35m IPO
Video advertising software developer Mirriad aims to raise $35m in a London initial public offering that will score exits for Unilever, STV and Zee Entertainment.
Dec 12, 2017Quark dots the i's on Docurated purchase
Rogers Ventures has exited data refining technology developer Docurated in an acquisition by Quark of undisclosed size.
Dec 12, 2017OneWeb to attract another $500m from SoftBank
SoftBank initially invested $1bn in satetllite internet service provider OneWeb as part of a $1.2bn round late last year.
Dec 12, 2017Vion invites corporates for $20m series B
Samsung and ABB have contributed to a $20m round for smart vision product developer Vion Technology, which will use the cash for hiring and product development.
Dec 12, 2017Cambridge shows off Intellegens
The artificial intelligence developer has secured seed capital of undisclosed size to commercialise its AI-based neural network platform.
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