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Corporate venturing deal net: 3-7 August 2020

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

Aug 7, 2020

Google for Startups Accelerator selects Southeast Asia participants

A consortium of 15 startups were chosen to take part in the first edition of the internet technology group’s regional accelerator scheme, which will run until November this year.

Aug 7, 2020

Corporates make Hey in series E round

PayPal and Yahoo Japan contributed to a round of undisclosed size for the e-commerce services provider headed by a $66m investment from Bain Capital.

Aug 5, 2020

Volante collates $35m in financing

BNY Mellon, Citi Ventures , Visa and Poste Italiane subsidiary PostePay all contributed to the first funding round to be disclosed by the payment software provider.

Aug 5, 2020

Shengli calculates series B-plus funding

East Money Information is among the investors that chipped into a $14.3m round for the trading software provider that was led by Sequoia Capital China.

Aug 4, 2020

Ant Group aims for $30bn in autumn IPO

Alibaba's financial services spinoff, which counts China Life and China Post as investors, has reportedly set a target for a dual offering that would be the largest in history.

Aug 4, 2020

Universities hook up $110m crypto-focused fund

Unnamed endowments have joined a digital asset-focused fund closed by Electric Capital to bet big on distributed financing models.

Aug 4, 2020

Apple catches Mobeewave in $100m deal

Samsung, Mastercard and Sberbank have exited the mobile payment app developer in a purchase reportedly sized around the $100m mark.

Aug 4, 2020

CoinEx issues $50m fund

The fund will invest in companies developing products and services within the cryptocurrency exchange’s ecosystem.

Jul 31, 2020

True Link collects $35m series B

Backed by Cambria Health Solutions and Link-Age, True Link has now raised $50m in all to provide financial services geared toward vulnerable groups.

Jul 31, 2020
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