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Corporate venturing deal net: 15-19 March 2021

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

Mar 19, 2021

Tengyin takes Tencent funding

Tencent has supplied more than $15.4m in series A-plus funding for the marketing platform developer and reportedly holds a 3% stake.

Mar 19, 2021

Tuya ties up $915m initial public offering

The Tencent-backed internet-of-things platform developer has reportedly priced its shares above their range and will list on the New York Stock Exchange.

Mar 19, 2021

Momenta finds path to $500m series C

Bosch, SAIC Motor and Toyota were among the investors that co-led a series C round for the driverless software provider that included Mercedes-Benz and Tencent.

Mar 19, 2021

SK Group and Geely rev up $300m fund

Automotive manufacturer Geely and conglomerate SK Group are each chipping in $30m for a mobility-focused investment vehicle.

Mar 19, 2021

Stelis stays course to raise $195m

The Strides-backed protein and peptide-based therapeutics developer has disclosed a $70m series B and $125m C round, valuing it at $350m post-money.

Mar 19, 2021

Overwolf hunts down new funding

Ubisoft, Warner Music Group, Intel Capital and Liberty Technology Venture Capital helped the game development platform provider secure $52.5m.

Mar 19, 2021

MyNavi chats up FacePeer in acquisition

Mitsui Sumitomo Insurance Venture Capital, RareJob, Sansei Capital and Showcase have exited the video conferencing tool provider in an acquisition by fellow investor MyNavi.

Mar 19, 2021

i-Plug graduates to IPO

Globis, Nippon Life and Resona have exited the post-graduation job search service provider in an offering on TSE’s Mothers Market.

Mar 18, 2021

Visional to visit public markets

Tokyo University of Science is set to exit the recruitment services group in an IPO in Tokyo.

Mar 18, 2021
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