Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
GV, a corporate venturing arm of internet and technology group Alphabet, paid an undisclosed amount for the stake in US-based female-only members club The Wing held by workspace operator WeWork on Wednesday. News of its planned divestiture first surfaced in November 2019. WeWork reportedly owned a 23% stake in the company valued at about $92m, having led the company’s $32m series B round in 2017. Its existing investors include short-term accommodation marketplace Airbnb.
Mobile network operator NTT Docomo has…
