Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
CULedger, a US-based developer of distributed ledger technology for credit unions, has added $1.5m from financial services providers Achieva Credit Union, CU Service Network, Icul Services Corp, Credit Union Services, OneAZ Credit Union, CULedger – Heartland, Unify Financial Credit Union – second unit and FIS – second unit to increase its series A round to $10m on Tuesday. It raised the first $8.5m in August 2018, from 32 credit unions.
Shenzhen Dianmao Technology, a China-based coding education services provider backed by mobile internet company Cheetah Mobile, has received an undisclosed amount of funding from asset manager China Everbright’s Guangkong Zhongying Capital unit, China Money Network has reported, citing a WeChat post on Monday. The company had raised $17.5m in series B funding from Cheetah Mobile, Hillhouse Capital and Crystal Stream earlier this month according to a post on its website.
Fore Coffee, an Indonesia-based coffee retail brand making use of…
