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Daikin designates $100m as CVC fund

Daikin Industries has allocated $100m to a corporate venturing fund that will back startups internationally over a five-year period.

Nov 4, 2019

Corporate venturing deal net: 28 October-1 November 2019

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

Nov 1, 2019

Paidy packs in $143m

PayPal Ventures was among the investors in an $83m series C extension for the consumer credit provider secured alongside $60m in debt.

Nov 1, 2019

ElasticRun sprints to $40m

Corporate VC unit Prosus Ventures led the last-mile logistics provider's latest round after recently evolving from Naspers Ventures.

Nov 1, 2019

Namogoo nabs $40m in series C round

Adler-Chomsky-backed Namogoo has developed a cybersecurity software platform that prevents unauthorised ads popping up in the online purchase process.

Nov 1, 2019

I-Mab eyes US listing

Tasly and Genexine-backed I-Mab has filed to raise up to $100m that will fund development of its autoimmune disorder and cancer drugs.

Oct 31, 2019

CassTime cashes $80m in series C1 round

The Fosun-backed automotive services provider received $80m in a series C1 round co-led by Sequoia Capital China and Source Code Capital.

Oct 31, 2019

Timee clocks up $18.5m

The temporary employment service provider has completed a series B round backed by corporates including Mixi, Nexyz Group, Prologis, JR East, Kids Holdings, Gosso, WDI Corporation and SBS Holdings.

Oct 31, 2019

Shuttl collects $42m

Toyota Tsusho paid $6.1m for a 3% stake in the bus aggregation service as part of a round that valued it at about $200m.

Oct 31, 2019

Kakehashi hashes out $24m from series B funding

The Japan-based medical startup has secured $24m in a series B round from corporates including Aflac, Dentsu, Globis, Itochu and Gree, which brought its total funding to over $30m.

Oct 31, 2019
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