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Analysis: Riiid raises $175m from SoftBank
AI-based online tutor developer Riiid raised a sizeable $175m round from SoftBank. Riiid is part of the broader edtech space, which has been given much attention by corporate investors in recent years.
May 31, 2021Daily Deal Round Up: May 28, 2021
Lilly Asia Ventures took part in a $78m round for oncology therapy developer BH Med while gifting platform developer Snappy completed a $70m Hearst-backed series C.
May 28, 2021Daily deal net: May 28, 2021
Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.
May 28, 2021Sub-sector: care provision and on demand services
The gamification of life continues, just updated for the modern world it seems.
May 28, 2021JD Logistics delivers $3.2bn initial public offering
JD.com has followed up the December flotation of its JD Health spinoff by listing its Tencent and China Life-backed logistics vehicle.
May 28, 2021Full Truck Alliance formulates $1.5bn IPO filing
Vision Fund is the largest shareholder of freight services provider Full Truck Alliance, which is reportedly seeking a $20bn valuation when it floats.
May 28, 2021QuintoAndar hikes to $300m series E
SoftBank Innovation Fund has chipped in for a round that valued the rental listings marketplace at $4bn, increasing its overall funding to $635m.
May 28, 2021Acorns to grow with reverse takeover plans
The Comcast, PayPal and Rakuten-backed micro-investing service is merging with Nasdaq-listed Pioneer Merger Corp at a $2.2bn post-transaction valuation.
May 28, 2021Tritium ties up $1.2bn reverse merger
The Gilbarco Veeder-Root, Varley Group and Cigna-backed electric vehicle charging technology developer will list through a $1.2bn reverse merger deal.
May 28, 2021Day One begins $160m IPO
Access Industries and Takeda scored exits as the oncology therapy developer floated at the top of its range in an upsized offering.
May 28, 2021PayPal pitches in $50m for diverse venture capital
A total of 11 early-stage venture capital funds run by members of the black and Latinx community have secured part of $50m of commitments from PayPal.
May 28, 2021OpenAI ropes in Microsoft for $100m fund
Microsoft has contributed to the artificial intelligence technology developer's OpenAI Startup Fund, two years after investing $1bn in the company.
May 28, 2021Featured Content
GCVI Summit 2026 RewindRewatch the sessions, recap the learningsGCVI Summit 2026 Rewind
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GCV's annual report on the state of the corporate investment sector
GCV’s Rising Stars and Emerging Leaders 2026The talent pipeline in corporate venturing shows both momentum and staying power, as the industry comes of age.GCV’s Rising Stars and Emerging Leaders 2026
The talent pipeline in corporate venturing shows both momentum and staying power, as the industry comes of age.
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