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Services

Manbang makes noise with $1.7bn

The truck delivery management service is now valued at almost $12bn, having raised money in a round co-led by SoftBank Vision fund and backed by Tencent.


Nov 24, 2020

Codemao collects $198m in series D round

The Cheetah Mobile and Southern Publishing and Media-backed coding education provider lifted its overall funding to $375m in its latest round.

Nov 23, 2020

Udemy cues up another $50m

The Naspers and Benasse-backed online skills platform developer hiked its valuation to $3.25bn and its total funding to more than $280m.

Nov 23, 2020

Analysis: Adobe works out a $1.5bn Workfront acquisition

Marketing and imaging software producer Adobe agreed to acquire US-based work management software provider Workfront in a $1.5bn deal, giving quantitative trading firm Susquehanna International Group (SIG) an exit.

Nov 23, 2020

Duolingo rings up $35m

Alphabet-backed language learning platform developer Duolingo has now raised $183m altogether and has increased its valuation 60% to $2.4bn.

Nov 23, 2020

Kaizen Platform caps off listing approval

The ad optimisation platform’s IPO will enable Colopl, Credit Saison, CyberAgent, Dai Nippon Printing, Denstu, Fidelity, GMO, Gree, Mizuho, NTT, SBI and Yahoo Japan to exit.

Nov 20, 2020

Afresh rakes in $13m series A extension

Maersk Growth helped the food retail software provider increase the size of the round to $25m at a reported $100m valuation.

Nov 20, 2020

Corporate venturing deal net: 16-20 November 2020

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

Nov 20, 2020

Sumitomo Life invigorates itself with investment fund

The $77.1m Sumisei Innovation Fund will run for a decade and back insurtech and healthtech developers, having partnered SBI Investment to identify investment opportunities.

Nov 20, 2020

Daily deal net: November 19, 2020

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

Nov 20, 2020

KPN Ventures races into Speedinvest’s third fund

Europe-wide venture firm Speedinvest has now assembled $225m for its latest fund, which will target pre-seed and seed investments.

Nov 20, 2020

Arezzo&Co fashions corporate venturing arm

ZZ Ventures will target developers of entrepreneurial education and content that encompass areas such as fashion, retail, tourism and cuisine.

Nov 20, 2020
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