Services

Online English language tutoring portal Palfish has welcomed back Susquehanna International Group for a series C round that will drive product development.

The real estate investor has secured CBRE as a limited partner for a property technology fund slated to close at $100m by the end of 2020.

Amid the covid-19 pandemic, interest in life sciences is now perhaps at its highest. This is true in corporate venture capital and three of the multimillion-dollar stories we reported in mid-August corroborate this.

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

The JD.com subsidiary is set to pay $432m for a majority stake in the GLP-backed logistics services provider through a mixture of primary and secondary investment.

The Lenovo-backed supply chain optimisation platform raised $11.4m in a Vertex China-led round that boosted its overall funding to more than $22m.

Salesforce Ventures has participated in a series D round for Gong that increased the customer service software provider's valuation to $2.2bn.

Amdocs has paid an undisclosed amount for the telecommunications software producer, which had raised at least $55m from investors including Nippon Steel.

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

The mentor-equipped education provider took its total funding to more than $53m in a Telstra Ventures-led round featuring existing investor Pearson Ventures.

Hubert Burda was among the returning investors in round that boosted the online learning service's overall funding to $108m.