The Global Corporate Venturing deal net rounds up the smaller investments from across the corporate innovation ecosystem.
Funding
Computing
US-based animation creation platform operator LottieFiles raised $37m in a series B round yesterday featuring M12, a corporate venturing vehicle for software provider Microsoft. Square Peg Capital led the round, which included XYZ Venture Capital, GreatPoint Ventures and 500 Startups. M12 had already led the company’s $9m series A round in January 2021, which came after an undisclosed sum of seed funding in 2020 that included participation from application delivery software provider Adobe’s Fund for Design.
Cryptocurrency and blockchain
US-based cryptocurrency media group Decrypt secured $10m in funding yesterday at a $50m post-money valuation from investors including conglomerate SK Group and blockchain technology groups ConsenSys, Mask.io, Nexo and Protocol Labs. Dcentralised autonomous organisations Global Coin Research DAO, Honey DAO, Orange DAO and Own.fund also took part in the round. Decrypt announced the funding as it spun out of blockchain accelerator ConsenSys Mesh, and the deal also…
