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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, 2019NoBroker 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, 2019Getsafe 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, 2019Creditas 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, 2019Fnality 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, 2019Tencent 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, 2019Legend 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, 2019Wiseco 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, 2019Legend 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, 2019Analysis: 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, 2019Corporate 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, 2019Northwestern 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, 2019Featured 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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