Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Month: January 2021
Chefclub cooks up $17m in SEB-backed round
SEB Alliance was among the participants in a round that will help the recipe publisher develop children’s cooking kits along with a packaged goods offering.
Open8 opts for fresh funding
Japan Post Investment Corporation and Mirai Creation Fund have taken part in a $28.6m round for the video production software provider to take its total funding to almost $67m.
Roche extends Enthera series A
The autoimmune disease drug developer’s series A round has closed at $42.4m after Roche Venture Fund added funding to a first close co-led by AbbVie Ventures.
AppOnboard brings in $20m
Raine Ventures led the Modern Times Group-backed mobile app creation platform’s series C round, bringing its total funding to $54m.
Ula swoops for $20m
The Sinar Mas and Credit Saison-backed, brick-and-mortar retailer-focused trading platform has secured funding in a series A round co-led by B Capital Group.
GCV Digital Forum 2021 event highlights
It takes months of hard work to prepare for the third GCV Digital Forum as the Festival of Corporate Venturing.
Kuaishou to hit public markets in $5.4bn IPO
The Tencent and Baidu-backed short-form video platform developer priced an offering valuing it at about $61bn at the top of its range.
Leapmotor jumps to $665m series B
The Shanghai Electric and CRRC-backed electric vehicle spinoff has now raised more than $1.06bn since being spun off by Dahua Technologies.
Nubank notches up $400m series G
The digital bank pushed its valuation to $25bn in a Tencent-backed round that will support its growth in Latin America.
Didi digs up $300m for autonomous driving unit
The ride hailing service’s SoftBank Vision Fund-backed driverless vehicle technology vehicle has received $300m as it lines up $1.5bn for its freight services unit.
Lyra Health wires in $187m
The mental health benefits platform, which counts Providence Health and Services as an investor, doubled its valuation to $2.3m in the series E round.
DMAI deals with Lenovo in series A round
Lenovo and the state-owned Guangzhou City Construction Investment Group took part in a $77.5m round for the cognitive AI software developer.
Booksy slots in $70m
The Müller Medien-backed beauty services marketplace has collected $70m in a series C round that boosted its overall funding to more than $116m.