Services

Sector focus: Industrial

Rocket Internet-backed short-term accomodation provider Zen Rooms is in talks with investors for a sale as its capital reserves reportedly dwindle

Carnegie Mellon spinout Voci will use the money to bolster sales and marketing activities.

Bytedance has reportedly led the online education provider's series E round, bringing its overall funding to more than $335m.

SIG Asia contributed to an $11m round for the hotel booking portal, boosting its overall financing to more than $18m.

Salesforce is expecting to exit the file storage and sharing platform Dropbox, which filed for an IPO after having raised more than $1.7bn in debt and equity financing.

Augmented reality technology developer Magic Leap closed a series D round at over $960m, featuring a host of corporate investors like Google, Alibaba, Axel Springer and Grupo Globo.

Just ahead of our first ever Global Corporate Venturing Israel event in Tel Aviv this week, we are offering our readers a brief data overview on the innovation scene in Israel which has managed to attract corporate venturers from around the globe.

The online travel booking platform, which counts Al Sanie Group as an investor, took its total funding to $23m with a round likely sized at $12m.