Services

Ahead of our record-breaking GCV Innovation Summit in California this week, we are offering an excerpt from our latest World of Corporate Venturing 2020, analysing data from 2019 and the past decade, where we have combined data from GCV Analytics and data provider PitchBook.

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

Ingka-backed interior design services marketplace Livspace has increased its latest round to $60m, with a close of up to $100m expected next month.

Anheuser-Busch InBev, Salesforce and General Electric all contributed to the equity portion of the consulting services platform's series E round.

Tiger Global and Steadview Capital provided the series B financing, which came roughly five years after a Paytm and Alibaba-backed series A round.

The postal service is exploring the possibility of either putting together a dedicated investment vehicle or investing in other venture funds.

Axa is set to exit residential engagement app developer Modern Message, which has agreed to be bought by RealPage.

University of Notre Dame's Idea Center formed two spinouts in 2019 to market topical ulcer treatments and bespoke gifts for university benefactors.

ClalTech returned to back a series B round that brought speech-to-text transcription platform developer Verbit’s total funding up to $65m.

Services procurement portal business Scoutbee boosted its funding haul to $76m with a round backed by Siemens's Next47.

Nippon Life returned to help the listings portal raise a $36.4m round featuring Globis, Sony and Zenrin DataCom, which will be used to promote brand awareness and talent acquisition.