Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Telecommunications and internet group SoftBank has agreed to invest an undisclosed amount in Mexico-based second-hand automotive e-commerce platform Kavak, Reuters reported on Monday. Mountain Nazca led a $3m funding round for Kavak in 2016 and the company’s existing investors also include venture capital firm Kaszek Ventures. SoftBank took part in a $100m round for another Mexican company, Clip, in May this year and Reuters stated it may also invest in Mexico-based financial services platform Konfio.
UK-based sensor technology developer…
