Consumer

The autonomous vehicle spin-off has been backed by three corporates Toyota, SoftBank and Denso that have agreed to invest $1bn

R/GA-backed consumer goods return service provider Happy Returns took its funding to $25m to date in a PayPal-backed round.

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

3D printing technology producer Carbon, which counts more than half a dozen corporates as investors, has filed to raise $300m in equity financing.

Four businesses have collected $37,000 in equity funding each from a micro-VC fund established by University of Waterloo’s Velocity unit in support of the Velocity Fund Finals competition.

Dance organisation platform Tangdou has reportedly raised a total of nearly $100m to date, which would put its Tencent-backed series C round at roughly $75m.

Qualcomm, Syngenta and Doosan-backed fresh fruit and vegetables supply chain operator Ninjacart has raised $89.5m from Tiger Global Management.

Life360, backed by ADT, BMW and Duchossois Group, plans to go public in Australia next month after pricing its shares for a company valuation of $494m.

Telecoms fim SoftBank led a $300m series D round for insurance provider Lemonade, which also featured previous investors Allianz and GV.

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

Africa-focused e-commerce company Jumia floated in the middle of its range, with more than half the shares being bought by existing corporate investors.