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Page 170
Corporate venturing deal net: 25-29 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 29, 2020Stackin’ cracks series B round
Existing backer Experian Ventures was among the investors as the text message-based financial education provider raised $12.6m.
May 29, 2020Marqeta makes off with $150m
An undisclosed investor provided the funding at a $4.3bn valuation, Marqeta having previously raised nearly $370m from backers including Commerzbank, Visa and CreditEase.
May 29, 2020Pie Insurance picks out $127m
Existing investor Sirius was among the investors as the worker's compensation provider received a total of $127m, with $100m allocated to the launch of an affiliate called Pie Carrier.
May 29, 2020GoBear gobbles up $17m
Asia-facing loan and insurance comparison service GoBear has now assembled $97m altogether, having lured existing investor Aegon to its latest round.
May 28, 2020Ola Financial Services rolls into cash influx
Ride hailing service Ola has pulled in $26.7m for its financial services offshoot from Falcon Edge, Matrix Partners and Apoletto Managers at a $250m valuation.
May 27, 2020Splash Financial cashes in series A
CMFG Ventures and Northwestern Mutual Future Ventures co-led a $12.3m round having previously invested in the student loan refinancer a year ago.
May 27, 2020MUFG extends Fundbox’s series C round
Mitsubishi UFJ Financial Group helped the supply chain finance provider increase a round already featuring several corporates to almost $200m.
May 27, 2020Creditgate24 opens up for Advanon
Swisscom Ventures has exited invoice financing services provider Advanon in an acquisition of undisclosed size by peer Creditgate24.
May 26, 2020Truework verifies $30m
Truework, which provides software to run employment and income background checks, secured the return of Sequoia Capital and Khosla Ventures to bring its total to $45m.
May 26, 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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