Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds
Diversified trading group Marubeni has supplied an undisclosed amount for an ongoing series C round being raised by China-based smart electric car developer Byton, 36Kr reported today. Byton is targeting a $500m close for the round, which reportedly already includes a $100m investment by automotive manufacturer FAW Group. Its earlier backers include battery manufacturer Contemporary Amperex Technology, retailer Suning, car dealership owner China Harmony New Energy Auto Holding and holding group Fullshare Holdings.
Fetchr, a United Arab Emirates-based e-commerce…
