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Page 70
Corporate venturing deal net: 10-14 June 2019
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Jun 14, 2019SoftBank works out $300m Gympass investment
The round, reportedly $300m in size, featured both SoftBank’s Vision Fund and its Latin America Fund, valuing the gym subscription service at more than $1bn.
Jun 13, 2019Read joins Uniseed
Leanna Read, appointed South Australia’s chief scientist in 2014, has joined Uniseed as an independent board member.
Jun 11, 2019SoftBank recruits senior managers for Latin American fund
SoftBank has selected four senior management members – Chris Cooper, Patricia Menendez-Cambo, Francisco Sorrentino and Lee Bocker – for its Latin America Fund, SBGI subsidiary and new entity SoftBank Tech Hub.
Jun 11, 2019Nubank to account for $1bn
Nubank is in talks with SoftBank to lead a funding round of up to $1bn that could more than double the fintech’s valuation to between $8bn and $10bn as it pursues additional markets.
Jun 10, 2019SoftBank oversees another $100m delivery for Loggi
The delivery services platform secured $100m in a round led by returning investor SoftBank Vision Fund, while another SoftBank fund considers adding $50m.
Jun 6, 2019YPF rises to corporate venturing
Argentina-based YPF has set up a corporate venture capital subsidiary, YPF Ventures, and will conduct international and local deals respectively through Argentina Energy Bridge Fund and YPF Early Stage Fund.
Jun 6, 2019Creditas bonds with SoftBank to raise $200m
Online lender Creditas has raised $200m from SoftBank at a reported $700m post-money valuation, adding to about $84m previously procured from backers including Naspers.
Jun 5, 2019Cicada collects Williams
Sally-Ann Williams will leave Google to take the reins at Cicada Innovations, the deeptech accelerator backed by four Australian universities.
Jun 5, 2019Sistema.bio harvests $12m
Shell Foundation and Engie RDE Fund were among the participants in the biodigester technology provider's first notable round since it was founded nine years ago.
Jun 4, 2019About 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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