Trip.com participated in a $14m series B-plus round for the hotel management software provider through subsidiary Shanghai Kehui Investment.
Month: May 2020
By Miles logs series B funding
The auto insurance provider secured $18.3m in a round led by CommerzBank’s investment arm that lifted its overall funding to more than $26m.
Poste Italiane helps Milkman collect new funding
Poste Italiane has taken part in a $27.2m round for the last-mile delivery service having already launched a strategic partnership in January.
Clara Analytics clasps $25m
Clara, an insurance data software provider that counts NewYork-Presbyterian among its investors has added series B funding that will support recruitment.
Analysis: Katerra raises $200m from SoftBank
US-based construction services provider Katerra received $200m in funding from the SoftBank Vision Fund I, the vehicle formed by telecoms conglomerate SoftBank.
Alibaba investment machine rolls on
Alibaba sold more than $1 trillion of goods and services (called gross merchandise value in the jargon) across its online platform last year. This figure catches the eye and headlines but in terms of corporate venturing and acquisition activities, Alibaba remains a giant. It spent a reported $2bn on the acquisition of Kaola from NetEase and… Continue reading Alibaba investment machine rolls on
Corporate venturing deal net: 18-22 May 2020
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Dogan Beta digs up $14m for new fund
Dogan Beta has signed up Yamaguchi Financial Group as a cornerstone investor for its fourth fund, which has achieved a $14m first close with multiple corporate LPs on its way to a $23.3m ceiling.
ByteDance buys Baikemy
Sogou has exited online medical information provider Baikemy in an acquisition of undisclosed size by ByteDance, two years after reportedly investing.
Meichuang makes $21m in latest round
Medical device maker Yuwell participated in a round for data security software provider Meichuang that is reportedly its fourth since 2005.
Smilegate Investment scrutinises second Vietnam vehicle
Smilegate’s corporate VC firm will launch the firm as a successor to its Kairo Fund, which has invested in four Vietnam-based startups.
Bobobox locks up series A funding
Kakao Investment contributed to an $11.5m round led by Horizons Ventures that increased the pod accommodation provider’s total funding to $15m.
Wells Fargo chooses startups for Innovation Incubator
Wells Fargo Innovation Incubator’s first agriculture technology-themed batch includes startups focused on crop protection, cultured plant cells and automated crop breeding.
RapidAPI reinforces series B to $50m
M12 returned in a $25m second close for the API marketplace provider having led the first tranche of the series B round last year.