Telstra Ventures helped savings app developer Super raise $85m while ING Ventures was part of database software producer Weaviate's $50m series B.

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Fund

French cosmetics producer L’Oréal’s Bold unit supplied an undisclosed sum for DSG Consumer Partners IV, a fund run by India and Southeast Asia-focused investment firm DSG Consumer Partners. The fund is reportedly sized at about $125m.

M&A

Motor insurer Direct Line Group acquired By Miles, a UK-based flexible car insurance provider backed by carmaker Jaguar Land Rover and financial services firm CommerzBank,…

Edison Fu

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