Barcelona-based satellite IoT provider Sateliot has raised €10 million from venture capital group Global Portfolio Investments as part of a continuing €30 million Series-B funding round, as covered here, which has also seen interest from IT and defense firm Indra Sistemas, telecoms tower company...
Singapore Telecommunications (Singtel) has said it will invest a further $100 million in 5G, AI, and IoT startups via its Singtel Innov8 corporate venture arm. The new funds will take its total capital commitment to $350 million. New investments will be focused on early-...
Wirepas has received an additional €10 million cash injection from Estonia-based early-stage venture capital firm Karma and Finnish state-owned investment firm Tesi to accelerate development of its new mesh-based non-cellular industrial ‘5G’ technology. Both Karma and Tesi are existing investors in Finland-based Wirepas.
Wirepas is...
California based Pensando Systems has received $145 million in Series C, led by Hewlett Packard Enterprise and venture capital firm Lightspeed Venture Partners, to emerge from ‘stealth’ mode to launch its software-defined cloud-to-edge service stack.
The Series C round takes its total funding to $278...
Carmakers BMW, Hyundai, Nissan, Mitsubishi and Renault have joined with the likes of Deutsche Bahn, LG Electronics and Shell to pump $100 million into a new early-stage fund for innovation in the mobility sector.
Israel-based venture capital fund Maniv Mobility has secured $100 million with...
Early-stage funds accounted for 77 per cent of the total deal volume and 26.4 per cent of the total deal value during the first quarter, with strong continuing interest in both IoT and AI, and several major deals topping £100 million.
In total, 1,333 seed...
Israel’s venture capital firm Magenta Venture Partners has announced a new $100 million fund for early-stage Israeli startups focused variously on autonomous vehicles, Industry 4.0, smart cities, and fin-tech, and on artificial intelligence and enterprise software.
The new fund had its initial closing in October...
The German government has created its own state-backed venture capital fund to drive the digital transformation of industry and stimulate enterprise innovation in its home market.
The move comes as momentum appears to be building again for investments in the industrial IoT sector in the...
VC investments and M&A activity topped $600 million across NFV and SDN space last year
Venture capital funding is increasingly finding its way into the virtualized software space, with firms specializing in network functions virtualization and software-defined networking garnering hundreds of millions of dollars in...
