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News round up 1 April 2019

A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.

Apr 1, 2019

Corporate venturing deal net: 25-29 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 29, 2019

Hyalex extricates $33m in series A

DSM Venturing and Strategic Health Investment Partners extended the Stanford cartilage replacement spinout's series A round, augmenting a $16m first close featuring Johnson & Johnson and Osage University Partners.

Mar 29, 2019

Hyalex extricates $33m in series A

DSM Venturing helped extend the cartilage replacement technology startup's series A round, augmenting a $16m first close featuring Johnson & Johnson.

Mar 29, 2019

Dingdang discloses $89m in series B funding

Dingdang Medicine Express has secured further funding from repeat backer SoftBank China Venture Capital, while a healthcare fund backed by Sinopharm also took part in the round.

Mar 29, 2019

Leap to reach for $372m in new round

The electric car developer plans to follow a $288m Shanghai Electric and CRRC-backed round in November with more than $370m in new funding.

Mar 29, 2019

Mobvoi looks to mobilise $100m in funding

Voice interface technology developer Mobvoi, backed by Alphabet and Volkswagen, is looking to raise $100m at a $1bn valuation before seeking an initial public offering in Shanghai.

Mar 29, 2019

Yipinshengxian consumes $298m in Tencent-led round

The fresh food retail chain plans to use the proceeds from the Tencent-led series B round, which included Meituan Dianping's Longzhu Capital unit, to expand to 1,000 stores this year.

Mar 29, 2019

Baiwang invoices corporates for series A funding

Alibaba and Tencent have reportedly supplied $77m in funding for Baiwang, though the electronic billing software producer has disputed the size of the round.

Mar 29, 2019

Lola books in $37m for series C round

GV joined a batch of Lola's existing investors, increasing the personalised travel booking service's overall funding to more than $80m.

Mar 29, 2019
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