Consumer

Strategic partner RXR Realty joined GV to co-lead a series B round that will fund the expansion of Kitchen United’s network of food delivery hubs.

Santander's SmartBank was among the latest investors in online tailored clothing retailer Lookiero, which will spend the proceeds on European expansion.

Tencent has reportedly committed between $130m and $150m to ETechAces, a financial comparison service already backed by SoftBank Vision Fund and Info Edge.

Moti has received funding from SIG Asia to close its series A round following a $31m first tranche in July.

Summary of corporate-backed funding initiatives 2011-19

Investors including Sistema are adding to the $125m of series D funding the on-demand food provider had secured as of last month.

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

Monthly analysis: July-August 2019

Three corporate venturing windfalls have resulted in three different strategies to maximise shareholder value over the long-term.

With innovation in technology fast outpacing traditional business processes, corporations are increasingly turning to investments as a way of adapting to change and staying ahead of the competition.

New York has one of the most vital tech ecosystems in the world, with Silicon Alley in Manhattan said to be the east coast’s answer to Silicon Valley.