Email-based verification platform Emailage has secured $10m in a Wipro Ventures-backed round that will support international growth and product development.
Month: August 2017
Ford helps deal $10m to AutoFi
The point-of-sale car finance platform has raised $10m from strategic partner Ford Motor Credit Company as well as Crosslink Capital and Lerer Hippeau Ventures.
Money Forward charges to public markets
The personal finance app developer has received approval for a Tokyo IPO that will give exits to corporates including Credit Saison, GMO and Mitsui Sumitomo Insurance.
China Life and Baidu combine for $1bn fund
China Life will invest as much as $800m and Baidu $200m, in a fund formed by the China-based corporates to make mid and late-stage investments in internet-focused companies.
JD.com gets $100m to Go-Jek
On-demand ride service Go-Jek has followed a reported seven-figure investment from Tencent with $100m from JD.com as part of a round set to be sized at about $1bn.
SoftBank ploughs $4.4bn into WeWork
The corporate and the Vision Fund it manages have combined to buy $3bn of new and secondary shares and invest another $1.4bn in three regional WeWork subsidiaries.
News round up 29 August 2017
A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.
Roost runs the rule on series B round
The smart home device maker secured $10.4m in an Aviva Ventures-led round that included fellow corporate investors Desjardins Insurance and Fosun RZ Capital.
Channel Medsystems funnels in series C-1 capital
Boston Scientific was among the investors that provided $14.1m in series C-1 funding for the medical device developer, taking its total funding to about $46m.
Ezetap fills up coffers with $16m
Mobile payment platform Ezetap, which counts American Express as an investor, has now raised $51m in total, after securing funds in a JS Capital-led round.
Zhaoyouwang refuels in Huochebang-backed series B
Petroleum trading platform Zhaoyouwang has secured $31.8m in a series B round that included Huochebang and SIG Asia Investments.
SparkLabs sets up $50m Seah-anchored fund
The Korean accelerator operator has formed a $50m early-stage fund with steel pipe maker Seah and Korea Development Bank as anchor investors.
Accenture leaves Applause to Vista
Vista Equity Partners has agreed to buy Applause, a brand services provider that had raised $115m from investors including corporate venturing unit Accenture Ventures.
AbleTo absorbs new funding
Strategic investors Aetna and Horizon Healthcare Services were among the investors in a $36.6m round that took AbleTo’s total funding to more than $57m.