
Our analysis shows that venturing rounds at most stages have grown their median dollar size. Later-stage rounds have experienced a much more pronounced growth.
Tencent has reportedly committed between $130m and $150m to ETechAces, a financial comparison service already backed by SoftBank Vision Fund and Info Edge.
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
General Catalyst, Sequoia Capital and Andreessen Horowitz all chipped in as Alphabet, Visa and Amex-backed Stripe took its total funding past the $1bn mark.
Tencent has recommitted to providing $150m for language tutoring platform VIPKid, having reportedly withdrawn from a verbal agreement to invest last month.
Recruit and Just Eat-backed TouchBistro has collected another $119m thanks to investors including strategic partners Barclays and JP Morgan Chase.
Intel Capital was among the returning investors in a round confirmed by the enterprise AI software provider, now valued at $1.2bn, to be $206m in size.
Anti-fraud software provider Shape Security was valued at more than $1bn in a round that included follow-on funding from JetBlue Technology Ventures.
Telstra, NTT Docomo, BMW, Google, Infosys and ABN Amro were among nearly a dozen investors that helped bring the data sorting platform's overall funding to $224m.
The Alphabet, Comcast and Axel Springer-backed social media platform added $47m from Bond to conclude a round that valued it at $2.1bn.