Services

Randstad Innovation Fund managing partners Paul Jacquin and Ilonka Jankovich have co-founded Taptrove, which will expand the thesis of the corporate fund.

Existing investors KKR and TPG provided the funding for the Emtek-backed online property portal, which withdrew from a planned IPO late last year.

CAA and UTA-backed artist support service Patreon is valued at $1.2bn following a round that brought its overall funding to $257m.

The online education platform developer is reportedly lining up Tencent for a $1.2bn round that will value it at about $13bn.

DST Global has injected $122m to push the Tencent, Naspers and BCC-backed online education platform’s series F funding to more than $145m.

The adult education provider completed a series D round, reportedly advancing its valuation past the $700m mark in the process.

The disaster prediction platform developer has signed a multi-year agreement with insurance firm Sompo Holdings, which had already backed its series B round.

As the month of August draws to a close, last week we reported several initial public offerings (IPOs) which are lined up for the coming weeks along with some notable ones that have already taken place.

The four-month accelerator programme operated by banking group MUFG’s research subsidiary has begun accepting submissions by startups focusing on post-pandemic realities.

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

KKR has led a $150m round for Huohua Siwei that included Longfor Properties, after the online education provider added 100,000 users in under five months.