Services

Sector analysis: Transport

In our annual survey of corporate venturing industry leaders, we asked what the most important trends were in 2019 and sought their insights into the big opportunities of 2020.

Weld North Education has purchased OATV-backed digital education product supplier LearnZillion, which had raised more than $22.4m in funding.

News Corp and its real estate advertising arm, REA Group, supplied $70m in convertible note financing for the property listings platform.

Concur and Amadeus both exited travel cost-analysis platform Yapta in an acquisition of undisclosed size that followed more than $22m in funding.

Insight Partners agreed to acquire IoT security software provider Armis in a rollover transaction that featured a $100m commitment from Alphabet. The deal forms part of the IoT space to which corporates have not been indifferent over the past decade.

Frasers Property has expanded its share of the co-working space operator to 22.2% by acquiring $12.4m of additional stock in a secondary share purchase.

Lowe's-backed home improvement services portal Porch has raised $20.6m of a targeted $37m according to a regulatory filing.

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

VIPKid investor Tencent has participated in an $80m series A round for its livestreamed tutoring offshoot, Dami Wangxiao.

The GV-backed fitness and wellness subscription service secured a unicorn valuation in a round that lifted its overall funding to $540m.