Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Line Ventures and Alibaba Entrepreneurs Fund, respective subsidiaries of messaging platform Line and e-commerce group Alibaba, co-led a series B-plus round for Taiwan-based online tourism services platform KKday. The round also featured existing backers including CDIB Capital and Monk’s Hill Ventures, and followed a total of $22m in funding from a shareholder base that also includes travel services provider HIS, MindWorks Ventures, Cathay Venture, AppWorks, 91Capital and Substance Capital.
Social image modification platform developer Meitu provided $10m of series A-plus…
