Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.

Bertelsmann India Investments, a subsidiary of media group Bertelsmann, has co-led a $10m funding round for India-based short-form video streaming platform Roposo with hedge fund manager Tiger Global Management, YourStory reported on Tuesday. The company had previously received $21m in funding from investors including $15m from Bertelsmann India Investments and Tiger Global in 2016, and its earlier backers include India Quotient and angel investor Binny Bansal. US-based pop-up hotel operator WhyHotel received $10m in series A funding on Tuesday from investors including Camber Creek, the investment vehicle for real estate developer Berman Enterprises. The round was led by Highland Capital Partners and included MetaProp, Geolo Capital, Mendacre and Revolution’s Rise of the Rest Seed Fund, and follows $3.9m in a June 2018 round led by Camber Creek and backed by real estate platform Vornado/Charles E. Smith, Rise of the Rest, Mendacre, MetaProp and Working Lab Capital. Luminoso, a US-based developer of customer data analytics technology, has completed a $10m series B round led by early-stage investment firm DVI Equity Partners that included Liberty Global Ventures, the corporate venturing arm of mass media group Liberty Global, financial service provider Raptor Holdco, DF Enterprises, Acadia Woods Partners, Accord Ventures and undisclosed others. The round took Luminoso’s total funding to almost $31m in total, its past investors including internet company Digital Garage and SD Porter Holdings. Germany-based embedded processor technology provider Codasip has secured $10m in series A funding from investors including data storage technology producer Western Digital. The corporate was joined by Ventech Capital, Shenzhen Capital Group, Paua Ventures and Credo Ventures, and came after a $2.8m round led by Credo in 2014. Codasip will use the proceeds for product development while looking to hire more sales and support staff. Internet group Tencent has provided an undisclosed amount of series C-plus funding for Shanghai Youluoke Electronic and Technology, a China-based retail analytics and data technology producer, China Money Network has reported. Venture capital firm Kleiner Perkins Caufield & Byers had invested more than $4m in the company in 2013, according to China Money Network, before state-owned holding company China Merchants Group led its $11.5m series C round in January this year. Legend Capital, the VC firm formed by conglomerate Legend Holdings, has led a series C round of undisclosed size for China-based pharmaceutical services provider Safe Pharmaceutical Research Institute, China Money Network reported on Wednesday. The firm’s investment came after it closed a $157m healthcare fund in May this year. Myia Health,…

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Robert Lavine

Robert Lavine is special features editor for Global Venturing.