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

XTransfer, a China-based financial trading technology provider backed by telecommunications firm Telstra, has completed a series C2 round of undisclosed size led by investment firm Lavender Hill Capital Partners and backed by unnamed existing investors, DealStreetAsia reported on Wednesday. Telstra unit Telstra Ventures led an October 2020 series C1 round that included MindWorks Capital and undisclosed existing backers, following a $15m round featuring EWTP Fund, China Merchants Venture Capital, 01VC, Yunqi Partners and Gaorong Capital a year earlier…

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Robert Lavine

Robert Lavine is special features editor for Global Venturing.