Citi Ventures has returned to help invest $50m in the online payment platform, two years after participating in a deal the same size that was led by PayPal.
Month: August 2020
Mode moves to $33m series D
REV Venture Partners returned for a series D round that pushed the data collaboration platform’s overall funding to $83m.
Monstar Lab tests out new funding
Dentsu Innovation Partners, Japan Post Capital, FFG Venture Business Partners, Serverworks, Shimane Central Shinkin Bank and Skylight Consulting all took part in a $39.8m round for the digital product developer.
Q Cells eats up Geli
Shell is set to exit the energy storage platform developer in an acquisition by Q Cells, which is already utilising its technology.
Mixi minds digital fund
Mixi Entertainment Fund has been armed with more than $28m and will be helped by Studio Entre in identifying portfolio companies.
Analysis: Corporate-backed businesses going public
The number of corporate-backed companies going public declined in 2019, despite some major IPOs like those of Uber, Lyft and Slack.
DIP studies fourth Gakucelerator cohort
Human resources provider DIP’s Gakucelerator has chosen four student-run startups for its latest batch and will provide up to $940,000 between them.
Code Republic celebrates joint demo day
Cookpy, Hustar, Sutelura and Wilico have graduated from the YJ Capital and East Ventures-run accelerator’s sixth and seventh cohorts.
Corporates pay a visit to ZenCity
Salesforce Ventures and existing backer M12 contributed to a $13.5m round that took the government feedback data provider’s total funding to more than $21m.
Corporate venturing deal net: 3-7 August 2020
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Infermedica inserts series A funding
The Müller Medien-backed telehealth diagnostics system developer raised $10.3m in a round co-led by Heal Capital and the European Bank for Reconstruction and Development.
SandStar gets True investment
True Digital Group supplied a nine-digit renminbi amount for the Baidu-backed smart retail system developer that will fund international growth.
Dapper Labs gets $12m result
Animoca Brands, Samsung Next and Coinbase Ventures helped the blockchain game developer hike its overall funding to $52m.
Aillis alligns with Cyberdyne for new funding
Cyberdyne’s CEJ Capital unit chipped into a round for the flu diagnostics device developer that hiked its overall funding to $27.5m.