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Schneider Electric plugs into $120m Grove fund

Venture capital firm Grove Ventures has closed its Grove II fund at $120m that includes a $10m investment from Schneider Electric.


Feb 24, 2020

Analysis: Revolution breaks out in $238m IPO

Oncology therapy developer Revolution Medicines went public giving an exit to pharmaceutical company Sanofi.

Feb 24, 2020

Corporate venturing deal net: 17-21 February 2020

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

Feb 21, 2020

Shriram Automall shifts gears to BlueJack purchase

Quintillion Media has exited vehicle auction marketplace operator BlueJack in an acquisition of undisclosed size by peer Shriram Automall.

Feb 21, 2020

Tier Mobility takes series B past $100m

Tier Mobility, owner of Europe's largest e-scooter rental platform, has added $40m in debt and equity financing to an Axa Germany-backed first tranche.

Feb 21, 2020

Volocopter tops up series C to $94m

DB Schenker, Mitsui Sumitomo Insurance and MS&AD Ventures have helped the airborne taxi developer extend its series C round, which already included Geely Holding Group.

Feb 21, 2020

Corporates drive $18m round for SoCar Malaysia

KH Energy and Eugene Private Equity have provided series A funding for the car sharing service, a spinoff from Korea's SoCar.

Feb 21, 2020

Grab to take $714m from Mitsubishi UFJ

The banking group is providing the funding as part of a collaboration deal that will involve it building a financial services app with Grab.

Feb 20, 2020

Driivz dives into $11m series C round

Centrica Innovations has returned to co-lead the EV charging software producer’s $11m series C round with Gilbarco Veeder-Root.

Feb 20, 2020

Astra International starts up corporate VC unit

Astra Mitra Ventura will make early-stage investments on behalf of the conglomerate, whose existing portfolio includs Gojek.

Feb 19, 2020

Slowdown continues through January

Monthly data report: January 2020

Feb 19, 2020

African ecosystem expands

2019 was the year of awakening for many African scenes.

Feb 19, 2020
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