Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Month: December 2020
Rakuten wraps up Fillr acquisition
Rakuten has paid an undisclosed amount for the autofill tool developer, which had received $3.9m in funding from backers including SoftBank China and Reinventure.
Metis materialises XtalPi-backed funding
XtalPi has invested in collaboration partner Metis Pharamceuticals, which is targeting disorders including endometriosis and uterine fibroids.
Starcity to house Ollie acquisition
Starcity’s acquisition of Aviva-backed Ollie will create what is set to be one of the largest co-living developers and operators worldwide.
Versatile fits $20m into series A
Robert Bosch Venture Capital and Conductive Ventures were among the investors in a round that will help the construction data technology developer enhance its product.
Imvelo invites fintech startups to accelerator
The Capitec Bank-backed venture firm has formed an early-stage initiative for fintech developers that combine monetisation with social impact.
Mel Science conducts $14m series C
Channel 4’s corporate venturing unit has joined earlier backers Sistema and Yandex to become a shareholder of the educational resources provider.
Helbiz drives Skip acquisition
The Toyota-backed scooter sharing service is set to be purchased by rival Helbiz, where it will continue to operate under its present brand.
CloudWalk begins journey to $574m IPO
Haier and Bohai-backed facial recognition software producer Cloudwalk has chosen Shanghai’s Star Market for an initial public offering.
Silverback pounds through $242m IPO
Celgene and Bristol-Myers Squibb have scored exits as the oncology drug developer priced an upsized offering above its range.
Everlywell gets $175m results from series D
The Chernin Group-backed series D round valued the medical test provider at $1.3bn while pushing its total funding past $250m.
Bizzabo gets attendees for $138m series E
Siemens’ Next47 vehicle was among the investors in a round more than five times the size of the virtual event software provider’s series D earlier this year.
Amount amasses $81m in series C round
Avant’s digital banking software spinoff raised the money in a series C round led by Goldman Sachs Growth at a $600m pre-money valuation.
Step ups funding with $50m
Stripe returned as the junior financial services provider, which is also backed by Sesame Workshop, increased its overall funding to more than $76m.