Consumer

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

Ingka-backed interior design services marketplace Livspace has increased its latest round to $60m, with a close of up to $100m expected next month.

Venture capital fund Big Idea Ventures has hired former GCV Rising Star and Tyson Ventures CFO Tom Mastrobuoni as a venture partner.

Temasek is set to invest $500m in a round that will include existing corporate investors Alibaba and SoftBank at a valuation of up to $9bn.

SoftBank co-led a series B round for the cell-based meat developer that included Cargill and Tyson Foods, with the cash to go to a pilot manufacturing facility.

Fulltime System, Goodpatch, Hankyu Hanshin Properties, Mitsui Fudosan and Shinsei Bank chipped in as the smart lock startup closed its $31.4m series A round.

Livestreaming platform Joyy and its VC offshoot, Engage Capital, both invested in e-commerce tool provider Shopline, which will put the money into hiring and geographic expansion.

Zomato is acquiring Uber's local Uber Eats business in a transaction that involves it giving a sizeable equity stake to the ride hailing platform.

The online convenience store raised $750m six months ago, in a round led by SoftBank Vision Fund, it has emerged.

Visa is to acquire one of its portfolio companies, financial data network operator Plaid, in multi-billion-dollar transaction, which comes only four months after its latest commitment to the company along with its peer Mastercard.

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