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Page 122
Corporate venturing deal net: 11-15 May 2020
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
May 15, 2020Clear Labs experiments with $18m round
GV and Tyson Ventures invested in an $18m funding round for Clear Labs that has now raised $62m altogether from backers also including Dentsu and Tencent.
May 15, 2020Nanit gets its hands on $21m
Flex-backed baby monitor developer Nanit has closed a $21m funding round, bringing its total equity to $50m four years after the corporate made its investment.
May 14, 2020Deliv reaches Target for acquisition
Same-day goods courier marketplace Deliv, whose backers include Google and Westfield, is expected to close after moving its assets and some staff over to Target.
May 13, 2020Shiprocket takes off with $13m series C
E-commerce supply chain business Shiprocket secured the return of Bertelsmann India Investments in a round earmarked for product development, recruitment and overseas expansion.
May 13, 2020Vroom puts IPO plans in motion
Vroom, the AutoNation-backed used car marketplace that completed a $254m series H round last December, has confidentially filed for an initial public offering scheduled for next month.
May 12, 2020Kopi Kenangan brews $109m series B
Kunlun has contributed to a $109m series B round for Kopi Kenangan that will allow the Indonesian coffeehouse chain to launch new products as well as expand nationally and overseas.
May 12, 2020SIP sides with Alphabet for $400m series A
Alphabet has contributed to a $400m for Sidewalk Infrastructure Partners, a spinoff from the conglomerate’s smart cities technology subsidiary Sidewalk Labs.
May 11, 2020Market Kurly puts $160m in series E basket
SK Networks has contributed to a $160m series E round for Market Kurly, an online grocery platform that will use the money to open a larger fulfilment centre in Seoul.
May 11, 2020Analysis: Chehaoduo receives $1.7bn in series D
The SoftBank Vision Fund I, the $100bn investment vehicle of telecoms conglomerate SoftBank, and VC firm Sequoia Capital China have committed an additional $200m to China-based automotive e-commerce platform Chehaoduo, bringing its series D round to $1.7bn
May 11, 2020About us
GCV provides the global corporate venturing community and their ecosystem partners with the information, insights and access needed to drive impactful open innovation. Across our three services - News & Analysis, Community & Events, and the GCV Institute - we create a network-rich environment for global innovation and capital to meet and thrive. At the heart of our community sits the GCV Leadership Society, providing privileged access to all our services and resources.
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