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Page 166
Corporate venturing deal net: 22-26 June 2020
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Jun 26, 2020ASG acquires Homebot
Mortgage advice provider Homebot has been bought by ASG three years after raising seed funding from investors including Black Knight Financial Services and Axel Springer.
Jun 26, 2020CMG sees its way to $25m
Capital Markets Gateway added the funding from investors including Shea Ventures, Barclays, Citi, Goldman Sachs, JP Morgan, Morgan Stanley and Fidelity.
Jun 26, 2020Boost boasts $70m from Great Eastern
Insurer Great Eastern invested in Axiata Digital’s e-wallet platform at a $320m valuation, with the proceeds to go to expanding the latter's presence in Asia.
Jun 26, 2020Celsius sells Tether on $30m round
The blockchain lending platform is targeting $30m in a round it is raising through BnkToTheFuture, while Tether has committed $10m as lead investor.
Jun 25, 2020Charles Schwab moves to Motif acquisition
Renren has exited the thematic stock investing platform in an acquisition of undisclosed size by Charles Schwab that followed $126m in funding.
Jun 25, 2020Landed gets handed more series A cash
The Lowe's-backed home finance provider increased its overall equity funding to more than $22m in a second series A tranche led by Omers Ventures.
Jun 25, 2020Openly ropes in Google for $15m series A
Google's Gradient Ventures unit led a seed round for the online homeowners insurance platform late last year and has returned for its series A.
Jun 25, 2020Aye Finance approves series E round
The $27.7m series E included CapitalG and it boosted the microlending platform's overall funding to in excess of $95m.
Jun 25, 2020Yoma hikes stake in Wave Money
A vehicle for conglomerate Yoma Holdings is reportedly investing $76.5m in a deal that will give it a majority stake in Wave, which is also backed by Ant Financial.
Jun 25, 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 our membership, providing privileged access to all our services and resources.
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