Services

Freight services portal Loadsmart has now raised more than $53m in total, having secured new funding from investors including Ports America and Maersk Growth.

ChengHome's co-founder, Huazhu Hotels contributed to a series A round also backed by The Ascott that will fund the growth of its short-term accommodation listings.

Kuehne + Nagel and Temasek's joint investment venture has launched with its first fund, to back logistics and supply chain technology startups.

Fantasy sports platform Dream11 is reportedly aiming to raise a round sized at $500m to be backed by several corporate investors. The company is part of the broader gaming and eSport space which has seen growth recently.

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

Returning investor Tencent provided another $120m for the CRM software provider, which has now received $208m since it was founded.

The telecommunications spectrum provider has now raised $120m altogether, SBA Communications and American Tower contributing to its latest round.

The construction organisation platform added funding from Salesforce Ventures, Globis Capital Partners and four regional banks to close the round at $22.6m.

Legend Capital led a $100m round for social commerce platform Tongcheng Life that also featured existing backer Bertelsmann Asia Investments.

The mathematics learning platform has raised a nine-figure renminbi amount in a New Oriental-led round that included Ximalaya FM.

SBI Investment, Sumitomo Mitsui Trust Investment and Shinsei Corporate Investment chipped in to help take the funeral services provider's total funding to nearly $31m.