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Housenbold to leave SoftBank in July

Jeff Housenbold was a former GCV Rising Star award winner having joined SoftBank as a managing partner for its Vision Fund almost four years ago.


Jan 16, 2021

Smith leaves Corning for Estée Lauder

Dave Smith was a former GCV Powerlist award winner at Corning and sat on the board of X Display and Versalume.

Jan 16, 2021

Bilibili Gaming bags first external funding

Bilibili’s esports spinoff has secured $27.8m through a round led by the corporate-backed Zhejiang Chuangxiang Culture Fund that included B-Ray Media.

Jan 15, 2021

Corporate venturing deal net: 11-15 January 2021

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

Jan 15, 2021

Poshmark pockets $277m in initial public offering

The JF Shea-backed social commerce marketplace priced its shares above the range in an offering valuing it at about $3bn.

Jan 14, 2021

Weber cooks up June acquisition

Weber has bought the smart oven producer, one of its portfolio companies, in a deal that allows Amazon Alexa Fund to exit.

Jan 13, 2021

Delivery Hero sets up DX Ventures

The newly formed DX Ventures starts with more than $60m and nine portfolio companies under managing director Duncan McIntyre.

Jan 13, 2021

Thistle eats up series B funding

Rich Products Ventures has helped the meal delivery service secure $10.3m to hike its overall funding to $26m.

Jan 12, 2021

Tencent sends $100m to Xingsheng Youxuan

Group buying service Xingsheng Youxuan raised the money at a $5bn valuation and has reportedly secured upwards of $1.8bn in the past 18 months.

Jan 12, 2021

Perfect Corp pockets $50m

CyberLink has reinvested in the beauty product sampling service through a series C round that was led by Goldman Sachs.

Jan 12, 2021

MadeiraMadeira kits out $190m round

The furniture-focused e-commerce platform secured the funding in a round co-led by SoftBank as it looks to expand its physical footprint and launch own-brand products.

Jan 11, 2021

Analysis: Udaan increases series D

Business-to-business (B2B) e-commerce marketplace Udaan extended its series D round with a $280m tranche, featuring Tencent. The company is one of the comparatively few B2B e-commerce deals we have reported, despite the relative size and importance of the B2B in it.

Jan 11, 2021
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