Sectors

The corporate-backed AI technology developer has put its IPO plans on hold after the US government listed it as a Chinese military-industrial complex company, following the news of another Chinese tech company, Didi, saying earlier this month it would delist from the US.

The IoT technology provider’s fresh round co-led by SE Ventures and SoftBank Vision Fund 2 represents a renewed interest in the cybersecurity sector, with Dragos and Nozomi also having raised corporate funding in recent months.

Managing director Crispin Leick spoke to GCV about EnBW New Ventures' two most recent investments and the potential for infrastructure technology to catch up with software deals.

The animal-free protein producer raised a series C round from investors including Prosus Ventures. This sizeable round is indicative of the upward pressure on valuations and increased deal making activity in the space.

The investment co-led by rivals in the workplace messaging space is likely a sign of increased cooperation in the future.

SoftBank helped e-commerce brand aggregator Merama hike its series B round to $285m while Koch Industries took part in a round valuing supply chain finance provider Tradeshift at $2.7bn.

DoorDash has led the on-demand delivery service provider’s latest round, following in the corporate venturing footsteps of peers Delivery Hero and Zomato.

The on-demand digital device provider plans to expand through replicating its collaboration with existing investor Deutsche Telekom.

Yamato joined Global Logistic Properties and Globis to back the white and brown goods leasing and rent-to-buy marketplace, as the sector gains momentum in Japan and the wider Asia region.

Cerebral, Robotic Research, ABclonal Technology, Ola and RainMed Medical all pulled in nine-figure rounds, the first two featuring SoftBank Vision Fund 2.

Corporate-backed digital banking platform operator Nu Holdings priced its offering at the top of its range in New York, representing the first Brazil-originated flotation in three months.