GV and existing investor Arrive both contributed as the digital life insurance platform raised money at a valuation of more than $100m.
Month: November 2018
AppZen applies itself to $35m series B
Bloomberg and Mastercard-backed expenses automation software provider AppZen has now raised a total of $52m, after closing a Lightspeed-led series B round.
News round up 5 November 2018
A round up of all the latest news on www.globalcorporateventuring.com for our subscribers
Analysis: Grab books $200m
Travel and accommodation booking service Booking Holdings committed $200m to ride hailing app Grab alongside a partnership deal
Imbellus implements series A round
The cognitive assessment system provider, which is backed by Gresham Lehrman Group, has raised $14.5m from new and existing investors.
Vizolution banks on corporates for new funding
Santander and Royal Bank of Scotland joined existing backer HSBC as shareholders in a $12.9m round for the customer services technology provider.
Dapper Labs reels in $15m for CryptoKitties
The developer of blockchain gaming product CryptoKitties has raised $15m from investors including Samsung Next, GV, Animoca Brands, Endeavor and aXiomatic.
Corporate venturing deal net: 29 October-2 November 2018
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Significant Capital to stand out with $36m
Significant Capital Ventures was officially launched this week with backing from Hindmarsh to invest in seed-stage spinouts emerging out of five Australian universities.
Gaceta makes tracks to Mondelēz
Mondelēz International has hired Mel Gaceta, a Motorola and US Cellular alumnus who was most recently managing director of Synchrony Ventures, to head its newly formed CVC unit.
SoftBank drops off $375m for Zume
Pizza delivery service and food logistics developer Zume could also raise another $375m from SoftBank Vision Fund at a post-money valuation of $2.25bn.
Peilian strings together $150m series C round
Music tutoring platform Peilian has added $150m in funding from investors including Tencent to the series B funding it raised in January.
Twist Bio hits public markets in $70m IPO
Illumina, WuXi PharmaTech, Kangmei and Institut Mérieux-backed synthetic DNA producer Twist Bioscience floated at the bottom of its range.
DeepMap redrafts series B to $60m
Generation Investment Management has joined a series B round for DeepMap that is at least $60m in size and which already includes Nvidia and Robert Bosch.