Consumer

As the month of August draws to a close, last week we reported several initial public offerings (IPOs) which are lined up for the coming weeks along with some notable ones that have already taken place.

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

The American Express-backed eyeglasses e-commerce platform has increased its valuation from $1.75bn to $3bn following series F and G rounds.

On-demand grocery delivery service InstaShop had reportedly raised just $7m prior to the acquisition, with Souq and Jabbar Internet exiting.

CRM forecasting software provider Node has been purchased having raised $37m from investors including MS&AD Insurance, Gree, Recruit and JetBlue.

US-based business finance provider Kabbage, which has a host of corporates as backers, will be acquired by payment processing firm American Express.

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

The Alibaba-backed meal preparation brand has secured capital in a Talis Capital-led round that increased its funding to $65m to date.

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

Amid the covid-19 pandemic, interest in life sciences is now perhaps at its highest. This is true in corporate venture capital and three of the multimillion-dollar stories we reported in mid-August corroborate this.

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