Alphabet unit CapitalG added $100m to a round valuing market data provider AlphaSense at $1.8bn while Nestlé paid $235m for a 49.95% stake in meal replacement brand Yfood.

Brown and White Nuts on White Surface

M&A

Invoice and payment automation software provider Paymerang bought two corporate-backed companies for undisclosed amounts. They are KwikTag, a US-based document management platform backed by computer hardware manufacturer HP, and Sypht, an Australian developer of artificial intelligence-equipped data analysis technology that counts professional services firm Boston Consulting Group among its investors.

Arch Insurance, a subsidiary of insurer Arch Capital Group, paid an…

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Edison Fu

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