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Corporate venturing deal net: 12-16 August 2019

Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.

Aug 16, 2019

Fudata gets fed pre-series B funding

Sichuan Changhong Electric contributed to a $14.2m round that brought financial services-focused anti-fraud product developer Fudata's total funding to $39m.

Aug 16, 2019

Adevinta moves into Flatfair in $11m round

The no-deposit tenancy platform has raised series A funding from investors including Adevinta that will support hiring and product development.

Aug 16, 2019

Renovacor correlates $11m

Gene therapy developer Renovacor, a Temple University spinout, has secured series A funding from investors including Novartis Venture Fund.

Aug 15, 2019

Singularity 6 surfaces with FunPlus investment

Social game developer Singularity 6 has raised $16.5m from investors including FunPlus Ventures as it continues work on its first title.

Aug 15, 2019

Renovacor recovers $11m in series A round

Novartis Venture Fund co-led the gene therapy developer's series A round, raised as it prepares to submit an investigational new drug application for its lead drug.

Aug 15, 2019

Corporates enter OpenSpace in $14m series A

Construction vision technology startup OpenSpace has attracted WeWork, Suffolk Construction, Tishman Speyer and JLL Spark to a round that will fund sales, marketing and product development.

Aug 15, 2019

Ad4Ventures takes another trip down Springlane

Mediaset’s Ad4Ventures has contributed to an $11.2m round for kitchenware e-commerce company Springlane, almost a year after fellow CVC unit Tengelmann Ventures sold its stake.

Aug 15, 2019

Systum sets stall for new funding

Business management software producer has added $10.7m to the Hearst-backed series A round it closed last year and will spend it on product development, sales and marketing.

Aug 14, 2019

Yungehuo pulls in series A capital

Legend Capital led a $14.2m round for cargo delivery services platform Yungehuo, which has earmarked the funding for further business expansion.

Aug 14, 2019
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