Sectors

The parking monitoring platform developer is seeking $21.8m in the round having previously raised money from investors including Aviva, Reply, Hyundai, Microsoft and Sumitomo.

Nestlé's sustainable packing fund has backed buyout vehicle Closed Loop Leadership Fund, which has a $300m target for its final close.

The steelmaker has formed a $4.3m early-stage investment vehicle that will be managed by its Postech Holdings subsidiary.

Corporate venturing vehicles Strive VC and SAP.iO helped the database technology provider take its total funding to more than $36m.

Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.

The SoftBank and Hanwha-backed innovative materials producer boosted its overall funding to more than $870m in a round led by Baillie Gifford.

KAR Auction Services has agreed to pay $425m to buy the online used vehicle marketplace, which had raised about $50m from investors including Renren.

Progress intends to buy software development technology producer Chef for $220m in cash, following $105m in funding from backers including HPE and Citi.

The agreed merger between corporate-backed digital advertisers Outbrain and Taboola has failed nearly a year after plans for a $850m deal were announced.

September 2020 AI supplement editorial by James Mawson, editor in chief, Global Corporate Venturing

Special report: pandemic has boosted venture dollars across health AI