
Each Friday, the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Akatsuki, Dai-ichi Life, Marui Group, Kaga Electronics and Shogakukan have all participated in a $13.8m funding round for Life is Tech.
Existing investor OLX returned to increase its stake in used car marketplace company Frontier Car Group, investing $400m through a primary and secondary transaction.
Visa is thought to have invested $200m in a deal officially valuing Africa-focused payments services company Interswitch at $1bn.
Sinclair Digital joined an affiliate of MediaMath to back in-car interactive content provider Octopus Interactive, which is aiming to enhance its advertising technology.
Ucaidao has raised $40m in all having won the backing of Tencent, SoftBank, Alphabet, K11 and Agricultural Bank of China for its latest round.
Each Friday, the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Opt, NEC, Sony, Sumitomo Mitsui Banking Corporation and Mizuho Bank are among a long list of investors that have backed a $37.6m funding round for WealthNavi.
Mirae Asset-Naver Asia Growth Fund has contributed to a $30m round for Pops Worldwide, whose existing shareholders include WarnerMedia.
Stratasys, DSM Venturing, Saint-Gobain, 3M Ventures and Ocado all chipped in for 3D printing technology developer Inkbit, which hopes to use AI and computer vision to produce complex components at scale.