Series A

The home improvement services provider increased its overall funding to more than $38m in a round led by Comcast Ventures.

IQM Quantum Computers has raised a series A round that included Tencent, among other investors. The technology is still in its infancy and our data suggest that few corporates have so far backed such enterprises but this may change in the future.

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

Sinopharm Capital and the WuXi AppTec-backed 6 Dimensions Capital are among the investors in the inflammatory and autoimmune disease drug developer.

The round included Jubilant Biosys, an existing investor in the liver disease drug startup as well as its contract research organisation partner.

Cisco Investments and Google have both made early-stage bets on Isovalent, a developer of cloud networking management and security tools.

Intel Capital has revealed investments in 12 US or China-based portfolio companies and a partnership with the NBA.

The unit is set to lead a $100m round for Horizon Robotics as part of $60m investment in data-focused companies, taking its total 2017 spending to almost $570m.

The corporate venturing unit invested $25m to lead early-stage rounds for Velostrata, Sedona Systems and Panoply.io totalling $38.5m.

A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.