The Ola-backed point-of-sale technology developer has received a further $31.5m from some of its existing investors, according to regulatory filings.
Month: March 2019
Line allocates $20m to ScaleUp
Line’s corporate venturing unit, Line Ventures, will invest $20m through its ScaleUp post-accelerator, which targets Thailand-based startups.
Google hires ex-JetBlue principal Heggie
Google has taken on Christina Heggie, a former investment principal at JetBlue Technology Ventures who was part of GCV’s 2019 Rising Stars class, to manage its partnerships with the travel industry.
Artemis Health arcs to $25m series C
Hearst Health Ventures contributed to a BVP-led round that boosted the health benefits data platform’s total funding to about $51m.
Schumacher seeks results from 55 Catalyst
BCG Digital founder Jeff Schumacher has formed a decentralised technology investment vehicle that also counts ex-GM Ventures partner Jason Nolte as a founder.
News round up March 18 2018
A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.
Cisco helps Whatfix cement series B funding
Whatfix’s $12.5m Cisco Investments-backed series B will fund recruitment as well as the digital adoption platform developer’s international expansion.
Analysis: Vice seeks $200m
Media group Vice, backed by various corporates, is looking to raise a $200m in equity and debt financing, after laying off 10% of its employees
Editorial: PayPal’s pipe dream comes to MercadoLibre
Financial payments company PayPal has agreed to invest $750m in MercadoLibre as part of a $1.85bn equity offering for the Argentina-based online retailer and payments provider. PayPal will make its investment through the purchase of common stock in Nasdaq-listed MercadoLibre and while such private investments in public equities (Pipes) are rarely a focus for Global… Continue reading Editorial: PayPal’s pipe dream comes to MercadoLibre
Corporate venturing deal net: 11-15 March 2019
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Uber sets April for IPO filing
The on-demand ride service is looking to file for what will potentially be one of the largest IPOs of all time next month, with a host of corporates set to score exits.
Acko racks up $65m
Amazon and Intact Financial Corporation both contributed to a series C round that reportedly swelled the auto insurance provider’s valuation to about $300m.
Newsela reports $50m series C investment
Online learning platform Newsela has received $50m in series C funding from TCV, six years after graduating from Kaplan’s accelerator and securing funding from the corporate.
LaunchDarkly lights up $44m series C
The Bloomberg-backed software management tool developer has now raised more than $76m in total, after closing a Bessemer Venture Partners-led round.