Services

SoftBank and Microsoft have helped the last-mile delivery service increase its valuation to roughly $2bn in a round led by CapSur Capital.

Cision, already a shareholder in the social media analytics provider, is set to pay $450m to acquire it, following $63m in funding.

Tencent, SoftBank and Alphabet are in line for exits after the trucking services provider confidentially filed to float in a US initial public offering sized above $1bn.

Salesforce Ventures helped the professional coaching services provider push its valuation past $1.7bn in its series D round.

New and returning investors participated in the Kaplan-backed educational content provider’s latest round, which boosted its overall funding to $170m.

Prosus contributed to a series D round that allowed the coding education provider increase its overall funding to more than $82m.

AI chip developer Horizon Robotics raised a round backed by several automotive manufacturers, taking its overall funding to $900m in the past two months.

JLL Spark, part of stategic partner JLL, was among the investors in the workplace improvement technology developer’s series A round.

Wilhelmsen and HHLA.Motion have helped maritime-focused venture firm Motion Ventures reach the first close of a fund with a S$30m ($22.8m) target.

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 Money Forward contributed to a $12.4m round led by venture firm East Ventures' growth fund.