Consumer

The Advance Publications, LVMH and IMG-backed e-commerce platform has added $100m in equity and debt financing to its coffers, bringing its overall equity funding to $345m.

The online flower delivery service plans to now expand into Japan, after a $30m investment by conglomerate Yamasa that took its overall funding past $73m.

Just ahead of our third annual GCV Israel conference, we take a quick look at corporates’ interest in the rich venturing and innovation scene of Israel.

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

The cigarette producer has announced a second impairment charge in three months to a $12.8bn investment now valued at only $4.2bn.

The payment and shopping app developer has launched in Australia with the help of Commonwealth Bank of Australia, which raised its stake to 5.5%.

Sue Siegel, who featured on GCV's Powerlist five times from 2014 to 2019, has won the Lifetime Achievement Award 2020 for service to the venture and innovation ecosystem.

Robert Bosch's BSH subsidiary has joined Techstars to form a home technology accelerator that will welcome 10 startups into its first cohort.

Monoqi, the furniture e-commerce platform formerly backed by Advance Publications, has been bought by Decovry for an undisclosed sum.

Iwasaki Gakuen and several banks have contributed to the second close of Sony and Daiwa's joint fund, which had raised $145m of a targeted $185m as of last month.

The classified listings operator, whose earlier investments include Zomato and ETechAces, has formed its first dedicated corporate venture capital fund.