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Corporate venturing deal net: 25-29 November 2019

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

Nov 29, 2019

Picnic arranges $275m funding delivery

SHV Holdings,' NPM Capital fund reinvested in online grocery retailer Picnic as part of a round that will fund construction of a huge new distribution centre.

Nov 29, 2019

Boss Zhipin commands nine-figure series E amount

The online recruitment portal has raised several hundred million dollars over a multi-tranche series E round in which Tencent led one tranche and backed another.

Nov 29, 2019

Jybd hauls in $50m

A subsidiary of Sino-Ocean Group has led a $50m series B round for Manbang-backed aftermarket automotive services provider Jybd.

Nov 29, 2019

Jinlong picks Clover in $43m series B

Cancer and autoimmune disease drug developer Clover Biopharmaceuticals has now raised in excess of $100m altogether, Jinrong Group backing its latest round.

Nov 29, 2019

ALI takes off with fresh funding

Kyocera, JR West, Mitsubishi Electric, Mitsubishi Hitachi Power Systems, Mitsui Sumitomo Insurance, Opt, Saibu Gas and Trust Tech contributed to a $21.1m round for the drone and blockchain technology developer.

Nov 29, 2019

SIG helps Tookitaki file series A extension

SIG Asia took part in the $11.7m second tranche of the compliance software developer's series A round, taking it to $19.2m.

Nov 29, 2019

RT-Thread rotates to series B stage

Returning investor Legend Capital contributed to a $14.2m round for the IoT operating system developer that will fund research and development.

Nov 29, 2019

Line helps Amartha draw up $18m round

Line Ventures led an $18m round for the female-focused microlending marketplace that included fellow corporate VC vehicle UOB Venture Management.

Nov 29, 2019

Investors dispense $220m to PharmEasy

Temasek has led a $220m funding round for PharmEasy, whose existing shareholders include Ascent Health and Wellness, Medi Assist and Manipal Education and Medical Group.

Nov 28, 2019
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