Reuters News
British games maker Bossa Studios on Tuesday said it has raised $10 million in a funding round led by European venture capital firm Atomico, ahead of the launch of the company’s pirate-themed multiplayer online title, Worlds Adrift.
Two makers of laser-based sensor technology announced new funding rounds this week, with top automotive suppliers Delphi Automotive, Magna International and Magneti Marelli investing in the competitive technology considered key to self-driving cars, Reuters reported. Israel’s Innoviz Technologies announced a US$65 million funding round, joined by Delphi and Magna, and Canada’s LeddarTech said its US$101 million ($130 million) funding round included Delphi and Magneti Marelli. Lidar, which relies on light pulses reflected off objects to gauge their position on and near the road, is seen by most automotive experts as one of the crucial elements for full self-driving cars and has become a prime focus.
Indian hotel aggregator Oyo said on Thursday it has raised $250 million from new and existing investors in a fresh round of funding led by Japanese conglomerate SoftBank’s Vision Fund.
Sports e-commerce firm Fanatics has closed a $1 billion funding round led by SoftBank Group Corp’s Vision fund, which will give it the firepower to expand internationally, Chief Executive Doug Mack told Reuters, Reuters reported.
German exchange operator Deutsche Boerse Group has participated in a $5 million equity investment in RegTek.Solutions Inc, a U.S. startup providing software to help financial firms comply with trading regulations, according to a source told Reuters.
Eight Roads Ventures, the proprietary investment arm of Fidelity International Ltd, launched its first dedicated China healthcare fund on Tuesday, doubling down bets on the country’s rapidly growing medical sector, Reuters reported.
Lilium, a German start-up with Silicon Valley-scale ambitions to develop a 5-passenger “flying taxi”, has raised a second, $90 million round of financing from top tech investors, making it one of the best-funded electric aircraft projects to date, Reuters reported.
Kik Interactive, the Ontario, Canada-based creator of the global chat platform Kik, valued at $1 billion, said on Tuesday it will launch in two weeks the sale of its own crypto currency which is expected to raise $125 million.
A September stock market listing remains an option for German meal kit delivery company HelloFresh, its chief executive told Manager Magazin, saying he was not swayed by the plunge in U.S. rival Blue Apron’s (APRN.N) shares, Reuters reported.
AutoFi Inc, a financial technology startup catering to the auto industry, said on Thursday it raised $10 million in series A funding, bringing the total amount of equity funding to $17 million.