Consumer

With campuses shuttered in the pandemic, society needs to find solutions quickly to continue education and avoid a lost generation of skilled workers.

Sector analysis: Health & life sciences

Global Corporate Venturing ran a short survey of corporate venture capital investors on the impact of the Covid-19 pandemic in April.

Global Corporate Venturing hosted its first virtual conference, GCV Digital Forum, on June 3 and 4 with a special networking space and ideas challenge.

GenScript Biotech's spinoff Legend Biotech, which counts Eli Lilly and Johnson & Johnson as backers, floated in the US.

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

The retail collaboration platform developer has now raised more than $52m in total, existing backer SEB Alliance returning for a $23.9m round.

The shopping delivery app developer, which counts Comcast, American Express and Amazon among its investors, boosted its valuation to $13.7bn in the round.

The SoftBank-backed food delivery app developer is reportedly close to raising new funding at a pre-money valuation in excess of $15bn.

LY.com's group buying grocery spinoff raised the money in a Joyy-led round also backed by existing investors including Bertelsmann Asia Investments and Legend Capital.

E-commerce software provider Sirclo, which counts Sinar Mas Land and Beenos Plaza as investors, has joined forces with e-commerce technology and services supplier ICube.