Sectors

US-based construction services provider Katerra received $200m in funding from the SoftBank Vision Fund I, the vehicle formed by telecoms conglomerate SoftBank.

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

Dogan Beta has signed up Yamaguchi Financial Group as a cornerstone investor for its fourth fund, which has achieved a $14m first close with multiple corporate LPs on its way to a $23.3m ceiling.

Sogou has exited online medical information provider Baikemy in an acquisition of undisclosed size by ByteDance, two years after reportedly investing.

Medical device maker Yuwell participated in a round for data security software provider Meichuang that is reportedly its fourth since 2005.

Smilegate's corporate VC firm will launch the firm as a successor to its Kairo Fund, which has invested in four Vietnam-based startups.

Kakao Investment contributed to an $11.5m round led by Horizons Ventures that increased the pod accommodation provider's total funding to $15m.

Wells Fargo Innovation Incubator's first agriculture technology-themed batch includes startups focused on crop protection, cultured plant cells and automated crop breeding.

M12 returned in a $25m second close for the API marketplace provider having led the first tranche of the series B round last year.

Zentera Therapeutics has been spun off by oncology therapy developer Zentalis Pharmaceuticals with a series A round led by Tybourne Capital Management.

Undisclosed new and existing investors are pumping $350m into the corporate-backed augmented reality technology developer as it prepares to cut headcount.