The Global Corporate Venturing deal net rounds up the smaller investments from across the corporate innovation ecosystem.



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.

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Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.