Consumer

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

Fosun co-led a $43.4m round for omnichannel petcare brand Crazy Dog that will support an expansion slated to include the opening of offline stores.

Tnuva Food Industries and Tempo Beverages are among the partners that will invest up to $100m in foodtech and agtech developers in Israel.

The fund manager will work with Hungry Jack’s to devise a plant-based version of the latter’s flagship burger, the Whopper, based on Csiro research.

The eyewear e-commerce platform could potentially be valued at $1.3bn in a prospective deal that would give SoftBank Vision Fund a 27% stake.

Marui Group has invested an undisclosed amount in tailored clothing e-commerce platform Fabric Tokyo in connection with a strategic partnership.

Mars has partnered Jerusalem Venture Partners in a venture that will involve them investing in Israel-based developers of food, agriculture and nutrition technologies.

In February and March 2019, we conducted a small pilot survey (n=31) of founders of businesses that have received corporate funding, which were referred to the survey by their corporate backers. We called it the “GCV Founders Survey” and it gave us some interesting insights.

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

DoorDash is now valued at $12.6bn after securing funding in a series G round backed by SoftBank Vision Fund, taking its total funding to nearly $2bn.

Data presented by Martin Haemmig and GCV Analytics provided insight into the substantial growth in corporate venturing along with some of the major trends.