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Financial
CoinEx issues $50m fund
The fund will invest in companies developing products and services within the cryptocurrency exchange’s ecosystem.
Jul 31, 2020True Link collects $35m series B
Backed by Cambria Health Solutions and Link-Age, True Link has now raised $50m in all to provide financial services geared toward vulnerable groups.
Jul 31, 2020StashAway amasses $16m series C
Hubert Burda Media has participated in a $16m series C round for StashAway, bringing its total funding to more than $36m.
Jul 31, 2020Corporates book place in Candis’s series B
The accounting software provider received $14.2m in a round co-led by Rabo Frontier Ventures that included Commerzbank.
Jul 30, 2020Daily deal net: July 30, 2020
Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.
Jul 30, 2020Remitly receives $85m led by PayU
PayU returned to lead an $85m funding round for Remitly as demand for its cross-border money transfer service continues to grow amid the pandemic.
Jul 30, 2020TransferWise carries $5bn valuation
Mitsui and Virgin-backed remittance service TransferWise has bolstered its valuation to $5bn, up from $3.5bn, through a $319m secondary share sale.
Jul 29, 2020Money Forward goes ahead with corporate venturing
The accounting platform operator’s investment subsidiary has unveiled Hirac Fund’s $11.7m initial close with multiple corporate LPs on its way to a $29m ceiling.
Jul 29, 2020Daily deal net: July 28, 2020
Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.
Jul 28, 2020Thought Machine reworks series B
Thought Machine has added $42m to its series B round, bringing its total to $125m and welcoming SEB as a new investor.
Jul 28, 2020EMQ engages Digital Garage for $20m series B
Digital Garage has contributed to a $20m series B round for EMQ, which will use the cash to drive international growth for its cross-border payment network.
Jul 28, 2020Celsius Network decrypts fresh coin
Backed by Tether International, Celsius Network offers crypto-secured loans without a credit check denominated in US dollars.
Jul 28, 2020Featured Content
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GCV provides the global corporate venturing community and their ecosystem partners with the information, insights and access needed to drive impactful open innovation. Across our three services - News & Analysis, Community & Events, and the GCV Institute - we create a network-rich environment for global innovation and capital to meet and thrive. At the heart of our community sits the GCV Leadership Society, providing privileged access to all our services and resources.
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