Services

Tencent and Yuanfudao both invested as the online education platform developer boosted its total series E takings to $250m.

The multicorporate-backed corporate venturing vehicle for online food wholesaler Oisix Ra Daichi has secured chemicals producer Fuso as an LP.

Bonnier Ventures co-led a $17.8m round for the employee engagement platform developer that will support international growth.

The e-commerce delivery service doubled its total funding in a PTT-led round that included TCP subsidiary Durbell and Krungsri Finnovate.

Eli Lilly is to exit the genetic sequencing system provider Readcoor in a cash-and-share acquisition by 10x Genomics. This is one of the relatively few exits we have seen in this space over the past decade.

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

Existing investors CBRE, Engie New Ventures and Evergy Ventures returned for a round that will help the energy efficiency retrofitter expand its product offering.

Recruit has exited creative services marketplace 99designs in a purchase of undisclosed size by Vistaprint parent Cimpress.

Birkhofer had been a board observer for three portfolio companies during his stint at corporate venture capital vehicle Prologis Ventures.

The online employee and further education provider is set to list on TSE’s Mothers Market, allowing Freebit, Matching Service Japan, MyNavi and Will Group to exit.

Lego Ventures and Sesame Workshop helped the children’s reading app developer close a series C round that will fund curricula development and international expansion.