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Corporate venturing deal net: 23-27 November 2020

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

Nov 27, 2020

MeUndies tucks away $40m from Provenance

The funding will allow the Simon Ventures-backed online clothing retailer backed to drive expansion and develop a more physical presence for shoppers.

Nov 27, 2020

Mitsui Sumitomo hands $350m to Hippo

The property and casualty insuance provider nearly doubled its overall funding with a strategic investment by MS&AD subsidiary Mitsui Sumitomo.

Nov 25, 2020

STC Pay charges up with $200m

Western Union, which already partners the Saudi Telecom spinoff on cross-border money transfers, is acquiring a 15% stake in the digital wallet provider.

Nov 25, 2020

Tencent takes $150m to Waterdrop

Tencent is reportedly injecting more funding into WeChat-powered healthcare insurer Waterdrop ahead of a potential IPO at a projected $4bn valuation.

Nov 25, 2020

Corporate venturing deal net: 16-20 November 2020

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

Nov 20, 2020

Paypal deposits $12m in Modulr

The digital payment technology developer's overall funding funding passed $84m with financing from Paypal Ventures.

Nov 20, 2020

SGE sinks $22m into Realync

Susquehanna Growth Equity SGE will support the virtual property tour platform's next stage of growth, its user base having more than tripled since March.

Nov 19, 2020

Zenobe charges up with $198m

Infracapital supplied the funding for the energy storage services provider, which also counts Jera and Tokyo Electric Power among its investors.

Nov 18, 2020

Qualcomm calls in 5G investments

Qualcomm Ventures' 5G Ecosystem Fund has backed Azion Technology and Pensando Systems as well as series B rounds for Celona and Cellwize.

Nov 16, 2020

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