Services

Axel Johnson’s corporate venture capital arm has contributed to a $10.4m series A round for the Sweden-based digital insurer that was led by Obvious Ventures.

Bertelsmann Asia Investments and TAL Education's Good Future Education Industry Fund combined in a $27.9m round for literary education platform Hexiaoxiang.

Huohua Siwei more than doubled its total funding to $160m after attracting $85m in a round that featured an investment vehicle for Longfor Properties.

Accor, Hilton, IHG and Marriot provided a total of $50m for the event-booking management platform, which will use it to beef up engineering, sales and marketing.

SoftBank-backed genome medical research tech provider 10x Genomics, previously backed by SoftBank, filed to go public. This may be a notable exit in burgeoning genomics and gene technology space, which has seen much corporate backing in recent years.

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

The workspace operator has now raised more than $220m altogether, following a round featuring Equinox, TF Cornerstone and Granite Properties.

Mori Trust, Itochu and existing backers Bloomberg Beta and Rocket Internet all invested in workspace operator Knotel, which has now raised $560m to date.

The migrant community platform has added $12m to a seed round featuring Samsung and Chernin Group as it looks to expand to cover more communities.

Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.