Consumer

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

There was a record number of first-time corporate investors in the first half of the year despite corporate venturing activity being down across deals, exits and funds.

Marico has purchased the remainder of Beardo three years after it acquired a 45% stake in the men's grooming brand.

Aquitaine Science Transfert's new incubator will provide $22,600 of initial funding to help build out nascent deep tech projects.

Google paid a reported $180m for Amazon and Intel-backed North Wearables, the augmented reality glasses developer having sought a buyer since spring.

Comcast Ventures-backed smart luggage brand Away has reportedly secured $30m to $40m in bridge financing as it faces a downturn in business due to the coronavirus.

At-home fitness company Mirror is set to be acquired by Lululemon for $500m, after the corporate contributed to its series B round in November.

The beauty and cosmetics group is acquiring a 20% stake in Kim Kardashian West's beauty brand at a $1bn valuation in connection with a partnership agreement.

Mediaset-backed online florist Colvin has now raised about $29m altogether, $15.7m of which has been supplied in its latest round.

Tencent has reportedly committed to a series C round set to triple grocery delivery platform Xingsheng Youxuan's valuation to $3bn.

1868 Ventures will fund agriculture, lawncare and sustainable packaging technology developers, providing up to $2.5m for a first investment.