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Corporate venturing deal net: 11-15 March 2019

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

Mar 15, 2019

Acko racks up $65m

Amazon and Intact Financial Corporation both contributed to a series C round that reportedly swelled the auto insurance provider's valuation to about $300m.

Mar 15, 2019

CXA extracts $25m from corporate investors

Singtel Innov8, MDI Ventures, Sumitomo Corporation Equity Asia, Humanica, Fuchsia Ventures, HSBC and the IMC-managed Heritas Venture Fund all invested in the benefits software developer.

Mar 15, 2019

Agnihotri moves away from Maumee Ventures

Maumee Ventures president Rashmi Agnihotri left parent company The Andersons at the end of 2018, with John Kraus stepping up to take on the role.

Mar 13, 2019

Pagantis pages investors for $75m

Credit Suisse-backed SPF Investment Management has contributed to a $75m series B round for Pagantis, the online lender previously known as Digital Origin.

Mar 12, 2019

Parashar shoots to U First Capital

GCV Rising Star 2017 Amish Parashar, a founding partner at Yamaha Motor Ventures & Laboratory Silicon Valley, has joined corporate VC services provider U First Capital as an adviser.

Mar 12, 2019

10x goes Nationwide for series B funding

Natiowide has taken a minority stake in financial services portal developer 10x Future Technologies through a $16.9m series B investment.

Mar 12, 2019

Futu brokers $90m IPO

Tencent invested $8m as the Chinese online brokerage floated at the top of its range in the US, at a valuation of more than $1.3bn.

Mar 11, 2019

CapitalG agrees another Aye Finance investment

CapitalG committed $4.7m to Aye Finance's $33.3m series D round, which closed in conjunction with a $2.2m debt investment from Karvy Capital.

Mar 11, 2019
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