Daily Deal Round Up: September 20, 2022 -

DG Daiwa Ventures contributed to a $40m series B round for Yellow Card Financial while Vitol provided $37m in series C funding for VavaCars.

Fund

Avanta Ventures, the corporate venturing arm of US-based insurer CSAA Insurance Group, has formed a $225m Fund II, which will focus on early-stage companies working on insurtech, mobility and related areas such as fintech, cybersecurity, smart home and applied artificial intelligence. Its total capital under management now stands at more than $300m.

Funding

Company	Company description	Sector	Country	Round	Round size($m)	Deal date	Investors
Yellow Card Financial	Cryptocurrency exchange platform	Financial	Nigeria	B	40	19/09/2022	Digital Garage/Daiwa Securities Group (DG Daiwa Ventures); Polychain Capital (lead), Valar Ventures, Third Prime Ventures, Sozo… Edison Fu Edison Fu is a reporter and Asia liaison at Global Corporate Venturing. Email LinkedIn LEADERSHIP SOCIETY Informing, connecting, and transforming the global corporate venture capital ecosystem. The Global Corporate Venturing (GCV) Leadership Society’s mission is to help bridge the different strengths and ambitions of investors across industry sectors, geography, structure, and their returns. Find out more Featured Content FUNDING ROUND DATA Which corporates are backing which startups? Search our corporate deal database. FUNDING ROUND DATA Which corporates are backing which startups? Search our corporate deal database. CVC DIRECTORY Find details about global CVC units in the CVC Directory CVC DIRECTORY Find details about global CVC units in the CVC Directory SPECIAL REPORT Bumpy road: Self-driving cars make a cautious comeback SPECIAL REPORT Bumpy road: Self-driving cars make a cautious comeback Events Webinar: Designing a winning CVC platform – Engagement, venture development, operations Jan 15, 2025 Online Find out more All events Events GCV Institute: CVC Investment Programs Jan 28 - Jan 29, 2025 Online Find out more All events Events GCV Institute: CVC Investment Programs Mar 17 - Mar 18, 2025 Palo Alto, CA (USA) Find out more All events Events GCVI Summit 2025 Mar 18 - Mar 20, 2025 Monterey, CA (USA) Find out more All events Events GCV Institute: CVC Investment Programs Apr 8 - Apr 10, 2025 Online Find out more All events Events GCV Institute: Landing the Value of Corporate Venturing May 1 - May 6, 2025 Online Find out more All events Events GCV Symposium 2025 Jun 17 - Jun 19, 2025 London (UK) Find out more All events Top News Big exits returned in 2024 as corporates bought portfolio companies Huge AI funds, obesity drugs and carbon capture – the CVC trends of 2024 Updated: 7 new startups reshaping the packaging sector Colombian energy group ISA starts $130m corporate venturing fund Eric King joins 3M spinoff Solventum's CVC Swiss software company Hashgraph forms $100m Web3 venture fund About us GCV provides the global corporate venturing community and their ecosystem partners with the information, insights and access needed to drive impactful open innovation. Across our three services - News & Analysis, Community & Events, and the GCV Institute - we create a network-rich environment for global innovation and capital to meet and thrive. At the heart of our community sits the GCV Leadership Society, providing privileged access to all our services and resources. Navigation Membership Events Subscribe Newsletters About Us Contact Us © 2024 Mawsonia Ltd. All rights reserved. test reg Login Remember me Forgot password? Not yet subscribed? See your subscription offers here This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish.Accept Read More Privacy & Cookies Policy Privacy Overview This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience. Necessary Necessary Always Enabled Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information. Non-necessary Non-necessary Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website. SAVE & ACCEPT

Company

Company description

Sector

Country

Round

Round size($m)

Deal date

Investors

Yellow Card Financial

Cryptocurrency exchange platform

Financial

Nigeria

19/09/2022

Digital Garage/Daiwa Securities Group (DG Daiwa Ventures); Polychain Capital (lead), Valar Ventures, Third Prime Ventures, Sozo…

Edison Fu

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

Email LinkedIn

LEADERSHIP SOCIETY

Informing, connecting, and transforming the global corporate venture capital ecosystem.
The Global Corporate Venturing (GCV) Leadership Society’s mission is to help bridge the different strengths and ambitions of investors across industry sectors, geography, structure, and their returns.

Find out more

FUNDING ROUND DATA

Which corporates are backing which startups? Search our corporate deal database.

CVC DIRECTORY

Find details about global CVC units in the CVC Directory

SPECIAL REPORT

Bumpy road: Self-driving cars make a cautious comeback

Events

Webinar: Designing a winning CVC platform – Engagement, venture development, operations

Jan 15, 2025
Online

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Events

GCV Institute: CVC Investment Programs

Jan 28 -
Jan 29, 2025
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Events

GCV Institute: CVC Investment Programs

Mar 17 -
Mar 18, 2025
Palo Alto, CA (USA)

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Events

GCVI Summit 2025

Mar 18 -
Mar 20, 2025
Monterey, CA (USA)

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Events

GCV Institute: CVC Investment Programs

Apr 8 -
Apr 10, 2025
Online

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Events

GCV Institute: Landing the Value of Corporate Venturing

May 1 -
May 6, 2025
Online

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Events

GCV Symposium 2025

Jun 17 -
Jun 19, 2025
London (UK)

Find out more All events

About us

GCV provides the global corporate venturing community and their ecosystem partners with the information, insights and access needed to drive impactful open innovation. Across our three services - News & Analysis, Community & Events, and the GCV Institute - we create a network-rich environment for global innovation and capital to meet and thrive. At the heart of our community sits the GCV Leadership Society, providing privileged access to all our services and resources.