Sectors

Snoot Entertainment helped Star Citizen developer Cloud Imperium secure $17.3m in funding having invested at a $496m post-money valuation in 2018.

The move came after the satellite wifi service developer reportedly failed to raise $2bn from investors including existing backer SoftBank Vision Fund.

Vodafone, Deutsche Telekom and Qualcomm are all set to exit the mobile network technology producer, which had raised just over $140m.

The indoor farm operator, which has already raised $400m, is in talks with existing investor SoftBank Vision Fund for a round likely to value it at up to $1bn.

The data management software provider has now secured a total of $115m, Cisco Investments returning to back its latest round.

Shiratronics added $3m from Breakout Ventures to a LivaNova-backed round that will support clinical development of its neuromodulation-based migraine treatment.

Takeda Ventures and Alexandria Venture Investments contributed to the $15.5m first close of the gene therapy developer's series A round.

Mann+Hummel was among the investors for a $16.4m round that brought air filter subscription service Second Nature's overall funding to nearly $35m.

Amid a nearly global lockdown and much apprehension around the Covid-19 pandemic, we reported two interesting deals in the mobility space last month.

Infosys's stake in the data organisation platform developer, which has raised $24.5m, has been dissolved in an acquisition by Hitachi Vantara.

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