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Corporate venturing deal net: 29 June-3 July 2020

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


Jul 3, 2020

Snippets on corporate venturing from Q2

There was a record number of first-time corporate investors in the first half of the year despite corporate venturing activity being down across deals, exits and funds.

Jul 3, 2020

Marico snatches Beardo

Marico has purchased the remainder of Beardo three years after it acquired a 45% stake in the men's grooming brand.

Jul 2, 2020

Aquitaine Science Transfert opens Chrysa-Link

Aquitaine Science Transfert's new incubator will provide $22,600 of initial funding to help build out nascent deep tech projects.

Jul 2, 2020

Google points North to acquisition

Google paid a reported $180m for Amazon and Intel-backed North Wearables, the augmented reality glasses developer having sought a buyer since spring.

Jul 2, 2020

Away packs up bridge financing

Comcast Ventures-backed smart luggage brand Away has reportedly secured $30m to $40m in bridge financing as it faces a downturn in business due to the coronavirus.

Jul 2, 2020

Mirror reflects on $500m acquisition

At-home fitness company Mirror is set to be acquired by Lululemon for $500m, after the corporate contributed to its series B round in November.

Jul 1, 2020

Coty cuts off $200m for KKW investment

The beauty and cosmetics group is acquiring a 20% stake in Kim Kardashian West's beauty brand at a $1bn valuation in connection with a partnership agreement.

Jul 1, 2020

Colvin calls in series B investors

Mediaset-backed online florist Colvin has now raised about $29m altogether, $15.7m of which has been supplied in its latest round.

Jun 30, 2020

Xingsheng Youxuan goes shopping for $300m

Tencent has reportedly committed to a series C round set to triple grocery delivery platform Xingsheng Youxuan's valuation to $3bn.

Jun 30, 2020

Scotts Miracle-Gro plants $50m fund

1868 Ventures will fund agriculture, lawncare and sustainable packaging technology developers, providing up to $2.5m for a first investment.

Jun 30, 2020

Analysis: Mastercard buys Finicity for $825m

Mastercard will buy financial data technology provider Finicity in a deal that could reach $985m, giving Experian an exit. This is yet another large exits in this space this year after the acquisitions of Plaid and Credit Karma earlier.

Jun 29, 2020
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