China’s NIO invests in LiDAR startup Innovusion

Innovusion, a two-year-old startup developing LiDAR sensor technology for autonomous vehicles, has raised $30 million in a Series A funding round co-led by Chinese firms Nio Capital and Eight Roads Ventures along with U.S.-based F-Prime Capital. Other seed round and strategic investors joined the round, the startup said. Nio Capital is the venture arm of […]

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Eight Roads Ventures targets Southeast Asia deals

Eight Roads Ventures, the investment arm of financial giant Fidelity International, is moving into Southeast Asia where it sees the potential to plug the later stage investment gap. The firm has funds across the world including the U.S, China and Europe, and it has invested nearly $6 billion in deals over the past decade. The firm […]

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Eight Roads Ventures launches new $375M scale-up fund for European and Israeli startups

Eight Roads Ventures, the proprietary investment arm of Fidelity International, is officially launching its new European fund today. Targeting scale-ups in Europe and Israel, ‘Eight Roads Ventures Europe’ will have $375 million in capital to deploy, mostly at the Series B and Series C stages but also in scale-ups that although bootstrapped have found market […]

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