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Corporate venturing deal net: 3-7 June 2019

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


Jun 7, 2019

NoBroker nabs $51m in series C funding

Digital Garage-backed peer-to-peer property marketplace NoBroker has now raised more than $71m altogether and will use the series D proceeds for further expansion.

Jun 7, 2019

Getsafe locks up $17m series A

CommerzVentures has returned to back Getsafe, a millennial-focused digital insurance app developer that also counts Rocket Internet as an investor.

Jun 7, 2019

Creditas bonds with SoftBank to raise $200m

Online lender Creditas has raised $200m from SoftBank at a reported $700m post-money valuation, adding to about $84m previously procured from backers including Naspers.

Jun 5, 2019

Fnality International settles series A funding

Tokenised financial transfer service Fnality International, which was formed by the financial services firms behind the Utility Settlement Coin project, secured $63.2m.

Jun 5, 2019

Tencent banks on TrueLayer in $35m round

The open banking software provider will continue its European expansion plans with a $35m round that featured Tencent, taking its total funding to more than $47m.

Jun 5, 2019

Legend returns to Bangsun in series C round

The anti-fraud technology provider, co-founded by CAE faculty, has received $50.7m in a round led by VMS Investment Group that was also backed by existing investor Legend Capital.

Jun 5, 2019

Wiseco sees to $94m series A round

Santai Holding and iPinYou-backed fintech developer Wiseco Technology has secured $94m in a series A round co-led by Huading Capital and Sino-Ocean Group.

Jun 4, 2019

Legend returns to Bangsun in series C round

The anti-fraud technology provider has received $50.7m in a round led by VMS Investment Group that was also backed by existing investor Legend Capital.

Jun 4, 2019

Analysis: PhonePe gets paid $1bn

India-based payment tech company PhonePe is looking to raised $1bn at $7bn-$8bn valuation from various investors, including Tencent.

Jun 3, 2019

Corporate venturing deal net: 27-31 May 2019

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

May 31, 2019

Northwestern Mutual forges $150m second fund

The insurance firm has followed its $50m first fund, launched two years ago, with the $150m Northwestern Mutual Future Ventures Fund II.

May 31, 2019
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