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Yigongli cleans up in series C round

The Alibaba-backed automated car wash service has completed an $84.4m round, with People’s Insurance Company of China supplying a third of the money.

May 20, 2020

GO1 gets $40m in series C funding

The online training service, which has seen engagement triple in the past month, raised $40m in a round co-led by Seek and backed by M12 and Salesforce Ventures.

May 20, 2020

Corporate venturing deal net: 11-15 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 15, 2020

DigitalOcean dives into $50m series C

Five years after leading an $83m series B round, Access Industries has returned to also lead a $50m series C round for DigitalOcean that is now valued at $1.15bn.

May 15, 2020

Investors take CloudWalk down $254m round

Haier Financial Holdings has backed a $254m funding round for CloudWalk, a spinout of Chinese Academy of Sciences whose shareholders also include Bohai Capital and PCI-Suntek Technology.

May 14, 2020

Intel strikes a dozen deals

Intel Capital has invested at least $132m in 12 companies so far this year and is on its way to putting between $300m and $500m into startups by the end of 2020.

May 14, 2020

Zenjob meditates on $30m series C

Axa Venture Partners has swung behind Zenjob for a $30m series C round that will enable the recruitment platform to build out its market share in Germany.

May 14, 2020

Nanit gets its hands on $21m

Flex-backed baby monitor developer Nanit has closed a $21m funding round, bringing its total equity to $50m four years after the corporate made its investment.

May 14, 2020

Shiprocket takes off with $13m series C

E-commerce supply chain business Shiprocket secured the return of Bertelsmann India Investments in a round earmarked for product development, recruitment and overseas expansion.

May 13, 2020

Lehe Food tucks into $56m series C

Lehe Food has secured the return of Meituan Dianping's DragonBall Capital with an eye on expanding its food distribution and supply chain business.

May 12, 2020
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