
Indian Angel Network has achieved a final close of $53m for its inaugural fund thanks to limited partners including Hyundai, Max Group, India Infoline and Yes Bank.
Comcast-backed smart mattress manufacturer Eight Sleep has increased its total funding to almost $65m following a $40m series C round led by Founders Fund.
Fidelity has backed a series E round for fraud prevention technology producer Riskified, which last disclosed $33m in series C funding from investors including Capital One in 2017.
Macy’s has returned for a $50m series C round for B8ta, which is gearing up to add a fashion and lifestyle offering to its retail services.
Geltor, backed by Archer Daniels Midland and Wilbur-Ellis, is seeking between $50m and $100m in a series B round to scale its collagen manufacturing capabilities.
Helpling has picked up $97m in total funding since its launch five years ago and will use the latest $22.5m round to push further into Europe and Asia Pacific.
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Lululemon contributed to a series B-1 round that boosted the total raised by the home fitness system provider to $72m.
The Time-backed e-commerce marketing tool provider took its overall funding to $82m in a series C round where TDM Growth Partners joined existing investors.
The Southeast Asian venture firm has reached the final close of a third fund, in which Cisco Investments is among the limited partners.