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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

Diageo downs Seedlip in acquisition

Diageo has acquired a majority share of non-alcoholic spirits provider Seedlip, building on an investment from its Distill Ventures accelerator in 2016.

Aug 14, 2019

Celect sells to Nike

Nike has paid an undisclosed amount for retail analytics software developer Celect, which had raised $30m from investors including NGP Partners.

Aug 13, 2019

Naspers reaches Meesho in $125m round

Facebook provided $25m for the social commerce marketplace as part of a Naspers-led round that has been set to value it at up to $650m.

Aug 12, 2019

Corporate venturing deal net: 5-9 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 9, 2019

Koch helps reward Ibotta with unicorn status

The consumer rewards app developer is now valued at $1bn following a series D round of undisclosed size that was led by Koch Disruptive Technologies.

Aug 7, 2019

Carro confirms $90m series B close

SoftBank Ventures Asia and Singtel Innov8 were among the investors in the $90m round, which closed alongside Carro’s acquisition of e-commerce marketplace Jualo.

Aug 7, 2019

Group 42 brings in $65m for Jollychic

The Legend Capital-backed cross-border fashion e-commerce platform has raised a $65m commitment from Group 42 in a series C-plus round.

Aug 6, 2019

Innovation Growth Ventures is no Innovation Fund clone

GCV Powerlist member Gen Tsuchikawa on Sony and Daiwa Capital Holdings’ new investment vehicle.

Aug 5, 2019

Emtek drives CarDekho's series C to $129m

Kreatif Media Karya took part in a $19m extension to a series C round already featuring CapitalG, Dentsu and Bennett, Coleman & Co, boosting CarDekho's total funding to about $200m.

Aug 5, 2019
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