Sectors

AI chip developer Horizon Robotics raised a round backed by several automotive manufacturers, taking its overall funding to $900m in the past two months.

JLL Spark, part of stategic partner JLL, was among the investors in the workplace improvement technology developer’s series A round.

New York Digital Investment Group was among the investors in the Bitcoin payment service’s seed round, which valued it at $71m.

Wilhelmsen and HHLA.Motion have helped maritime-focused venture firm Motion Ventures reach the first close of a fund with a S$30m ($22.8m) target.

BRI's Sembrani Wira accelerator, which counts Fazz Financial as a partner, has selected nine startups for its first cohort.

Line Ventures, which had previously committed to the first Hustle Ventures fund in 2018, has returned to help it secure $33.6m for a second vehicle.

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

The Visa-backed cryptocurrency custodian service provider plans to expand its offering following a round that boosted its overall funding to $137m.

Aviva, Flex, SAIC Motors, General Motors and Delta Electronics are all in line to exit the automotive sensor developer through the transaction.

The cybersecurity software developer will allocate the proceeds from the round to international growth and product development.

Sanofi, Merck Group, Qualcomm and Menorah Mivtachim participated in the latest round for the medication management platform developer.