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Corporate venturing deal net: 23-27 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 27, 2020Startups jump to MURC Leap Over’s fourth edition
Mitsubishi UFJ’s research subsidiary has revealed the finalists for its accelerator’s latest batch: Acompany, Dynave, Kifutta, Mory, RadarLab and TransRecog.
Nov 27, 2020Unacademy upgrades valuation to $2bn
Tiger Global Management and Dragoneer have supplied between $75m and $100m for the online education materials provider, which counts SoftBank and Facebook as investors.
Nov 27, 2020Giga Cloud gets JD.com funding
Newly minted strategic partner JD.com joined Oriza Holdings in a $39.5m round for Oriental Standard's e-commerce-focused spinoff.
Nov 27, 2020Tokyu sets course to corporate venturing
Japan Cloud Capital has received $960,000 in a round featuring railway company Tokyu that represents its maiden corporate venture capital transaction.
Nov 26, 2020Telus tells of impact fund
Telus Pollinator Fund for Good is equipped with $76.5m to invest in developers of technology that can promote positive social and environmental impact.
Nov 25, 2020Vettery settles Hired acquisition
Comcast Ventures has exited the online talent marketplace, which was acquired shortly after a report claiming it ws set to close down.
Nov 24, 2020Manbang 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, 2020Codemao 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, 2020Udemy 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, 2020Analysis: 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, 2020Duolingo rings up $35m
Alphabet-backed language learning platform developer Duolingo has now raised $183m altogether and has increased its valuation 60% to $2.4bn.
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