GV partner Lo Toney is set to leave the unit once he has closed a separate fund, Plexo Capital, which will back female and minority-helmed VC funds.
Author: Robert Lavine
Ucommune welcomes new investment
Ucommune, the corporate-backed co-working space provider formerly known as URWork, has raised $17.3m to take its overall funding to more than $470m.
Frank And Oak reaffirms funding
The Bertelsmann-backed clothing brand has raised $15.9m that will go to enhancing its technology, and has now secured $32m in total.
YapStone rocks $71m series C
The payment processing software provider has completed a Mastercard-backed round that took its overall financing to more than $180m.
XebiaLabs gets $100m series B delivery
The software delivery technology provider secured the capital from investors including Susquehanna Growth Equity and will use it for hiring.
Instacart carries off $200m in series E
The Amazon, American Express Ventures and Comcast Ventures-backed grocery delivery platform is now valued at $4.2bn.
SSC snatches Armstrong Industrial for $150m investment initiative
The corporate is one of nine co-investment partners rounded up by Spring Seeds Capital for a scheme that will operate over the next eight years.
Rani makes it rain with $53m
Rani Therapeutics has now raised $142m in total, its latest investors including GV, Ping An Ventures, GeneScience, AstraZeneca, Shire and Novartis.
Cardlytics carts in $70m from IPO
The purchase data analytics platform, which is backed by Aimia and Fidelity Information Services, had raised almost $210m in venture financing.
Huami hauls in $110m in IPO
The Xiaomi-affiliated smart wearable device maker has become the latest Chinese company to go public in the US, floating in the middle of its range.
Corporate venturing deal net: 5-9 February 2018
Arrive, the investment and startup services unit formed by music management firm Roc Nation, provided an undisclosed amount of funding for Robinhood, the US-based creator of a fee-free online brokerage, on Tuesday. Robinhood had previously raised $176m from investors including GV, a subsidiary of internet technology group Alphabet, DST Global, Greenoaks Capital, Index Ventures, Andreessen… Continue reading Corporate venturing deal net: 5-9 February 2018
HighFive adds new Dimension to its investors
NTT subsdiary Dimension Data led the video conferencing system provider’s $32m series C round, taking its overall funding to more than $77m.
Toyota hails JapanTaxi with investment
The carmake has invested almost $69m in ride hailing app developer JapanTaxi as part of a strategic partnership deal.
B Capital caps fund at $360m
B Capital Group, which is sponsored by Boston Consulting Group, closed an oversubscribed fund that will invest in up to 25 companies.