Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Nigeria-based digital banking startup Kuda has received $10m from investors including SBI Investment, a venture capital vehicle for financial services provider SBI, through a seed round that is reportedly the largest ever for an African company, TechCrunch reported on Tuesday. Target Global led the round, which also featured Entrée Capital and angel investors including Raffael Johnen, Johan Lorenzen, Brandon Krieg, Ed Robinson and Oliver and Lish Jung, and it followed $1.6m in pre-seed funding.
Fnatic, a UK-based esports franchise that…
