Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Internet group Tencent has invested an undisclosed amount in France-based mobile game developer Voodoo at a $1.4bn valuation, Les Echos reported on Monday. The company will use the connection to China-headquartered Tencent to expand the presence of its casual free-to-play games in Asia, and the Tencent deal came after investment banking firm Goldman Sachs provided Voodoo with $200m in funding in May 2018.
Padsplit, the US-based operator of an online marketplace for rental accommodation, has raised $10m in a series…