Sectors

Estée Lauder Companies has hiked its stake in the skincare product maker to a majority share, having first invested four years ago.

Prosus contributed to a series D round that allowed the coding education provider increase its overall funding to more than $82m.

The Gunderson Dettmer, Anchor Worldwide and Slack-backed IT management platform developer boosted its total funding to $100m through its series C round.

The music production technology provider was valued at near $500m in its series D round, while WME and AM Only could have both exited.

AI chip developer Horizon Robotics raised a round backed by several automotive manufacturers, taking its overall funding to $900m in the past two months.

JLL Spark, part of stategic partner JLL, was among the investors in the workplace improvement technology developer’s series A round.

New York Digital Investment Group was among the investors in the Bitcoin payment service’s seed round, which valued it at $71m.

Wilhelmsen and HHLA.Motion have helped maritime-focused venture firm Motion Ventures reach the first close of a fund with a S$30m ($22.8m) target.

BRI's Sembrani Wira accelerator, which counts Fazz Financial as a partner, has selected nine startups for its first cohort.

Line Ventures, which had previously committed to the first Hustle Ventures fund in 2018, has returned to help it secure $33.6m for a second vehicle.

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