Sectors

Mastercard will buy financial data technology provider Finicity in a deal that could reach $985m, giving Experian an exit. This is yet another large exits in this space this year after the acquisitions of Plaid and Credit Karma earlier.

The corporates are extending a partnership that stretches back to their investment in recruitment startup TalentEx two years ago.

The banking firm joined Future Venture Capital for a $2.8m joint investment venture to back startups based in Japan’s Oita prefecture.

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

Oncology treatment developer Relay Therapeutics is advancing research from several universities and has now filed for a $200m IPO.

The UCL and Ludwig Institute-linked cancer immunotherapy developer has raised more than $200m in funding and has filed to raise up to $100m.

The SIG-backed video communication software provider priced its shares above the range and will go public later today.

SoftBank Vision Fund owns more than 40% of the precision cancer drug developer, which raised $400m approximately 18 months ago.

CAA and New Enterprise Associates have reportedly provided an initial $100m for Connect Ventures that could be upscaled to $400m.

Mortgage advice provider Homebot has been bought by ASG three years after raising seed funding from investors including Black Knight Financial Services and Axel Springer.

Industrial data repository Element has now received $40m in total, Evonik, Schneider Electric Ventures, Honeywell and ABB having backed its latest round.