Consumer

Ant Financial is in discussions to lead the round, which could boost the online restaurant portal's valuation to $4bn and its stake to nearly 29%.

Joyoung-backed online grocery platform Benlai has received $200m in a series D1 round led by SF Express-owner Mingde Holdings.

Emtek and Shinhan Financial Group helped e-commerce marketplace operator Bukalapak close a series F round of undisclosed size at a valuation topping $2.5bn.

Google returned for a funding round that valued Dunzo at up to $200m, and the on-demand delivery service now plans to form new partnerships to expand.

Our analysis shows that venturing rounds at most stages have grown their median dollar size. Later-stage rounds have experienced a much more pronounced growth.

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

Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.

Business-to-business e-commerce platform Udaan was valued at $2.3bn to $2.7bn in a series D round backed by Tencent and Citi Ventures.

Samsung Next and Commerzbank’s Main Incubator vehicle reinvested as part of the $12m equity portion of a $44.7m debt and equity round.

Wearable sensor maker StretchSense, a University of Auckland spinout, has been purchased out of administration by an unnamed buyer.

With news that We Co has withdrawn its IPO filing, we take a look at what the move could mean for corporate venturing going forward.