Services

GV and Citi Ventures have helped the customer service platform developer nearly double its total funding to $100m by returning for a series C round led by Sapphire Ventures.

Saudi Arabia-headquartered online learning platform developer Noon Academy has received pre-series B funding in an STV-led round.

One vaccine developer, CureVac, has received a generous backing from Germany’s government-owned development bank KfW, while another – Vaxcyte – went public raising $250m.

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

The oil and gas producer’s Wind Ventures vehicle features ex-corporate venturers from Konica Minolta and GM Ventures, and has revealed its first portfolio companies.

Adam Feigenbaum has followed another ex-iCIMS executive, Colin Day, to Susquehanna Growth Equity where he has been hired in a similar position.

Achmea Innovation Fund made its first investment as part of a $22.4m round for crowdsourced services marketplace Roamler.

The customer engagement software provider raised its latest funding at a valuation of more than $1.3bn, the investors including Salesforce Ventures.

The demographic phenomenon of ageing populations will present challenges to both developed and developing nations. Along with the challenges come opportunities, however, and corporate venture capitalists may be a particularly well-positioned group to help with them, as it is the connecting tissue between the world of incumbent corporate industry leaders and the space of disruptive innovation.

Monthly data: May

Innovative region: Singapore