Services

The co-working space provider, which counts a slew of corporates among its investors, will list on Nasdaq by merging with a SPAC in a deal jointly valuing them at $769m.

The GLP-backed international logistics provider raised $71.1m in a Taikang-led round that will support a global expansion.

Baidu Capital was among the investors in a $70.8m round that will support the growth of the logistics services supplier's warehouse portfolio.

The mother-focused recruitment platform developer increased its total funding to about $36m in a round that included new investors Citi and Synchrony.

Celebrity Kim Kardashian West’s beauty brand raised $200m at a $1bn valuation from beauty brand Coty.

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

Innoport, PSA Unboxed and KSL Maritime Ventures are among the partners in a government-backed scheme to boost maritime technology in Singapore.

There was a record number of first-time corporate investors in the first half of the year despite corporate venturing activity being down across deals, exits and funds.

Sunshine Insurance intends to set up a $142m industrial investment fund with student services provider AW having led its $28.3m series B funding.

Wells Fargo led a $41.5m round for the tech-equipped property manager that included existing backers Canaan Partners, Lightspeed Venture Partners and Jackson Square Ventures.

The Lithia Motors, BMW and Alliance Ventures-backed automotive e-commerce marketplace is set to go public through a reverse merger with Insurance Acquisition.