Financial

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

Eight Roads Ventures returned for the First Data-backed payment software developer’s series D round, announced alongside two strategic acquisitions.

Children’s debit card provider Greenlight is valued at $1.2bn after raising $215m in funding from a host of investors, though none of its corporate backers participated this time.

A month after receiving an initial $200m tranche from D1 Capital Partners, Alphabet and Roc Nation-backed Robinhood has increased its series G round $660m.

CapitalG has led a $250m series D round for Next Insurance, while Munich Re also returned for the deal that increased the workplace insurance provider’s total funding to $631m.

The Manulife Financial, AllianceBernstein and Transamerica-backed financial planning service pushed its lifetime funding to $85m with a round featuring FP Credit, Oak HC/FT and IA Capital Group.

Santander's newly-spun out venture capital arm Mouro Capital has joined the investor consortium of Europe-focused startup loans provider Uncapped.

Monthly report: July-August 2020

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Innovative region: Taiwan