Services

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

VIPKid investor Tencent has participated in an $80m series A round for its livestreamed tutoring offshoot, Dami Wangxiao.

The GV-backed fitness and wellness subscription service secured a unicorn valuation in a round that lifted its overall funding to $540m.

The educational app developer, which counts Tencent, Naspers and BCC among its investors, raised the money at a valuation of about $8bn.

RXR Realty invested in apartment rental service The Guild as part of a round that brought the latter's overall funding to more than $36m.

GCV Powerlist mainstay Reese Schroeder has joined Allstate Strategic Ventures as an investor after nearly three years at Tyson Ventures and over a decade at Motorola Solutions Venture Capital.

Susquehanna International Group contributed to a $14.3m round for the human resources platform developer, six months after backing its series C1 round.

Info Edge has received $7m from Aakash Educational Services for its stake in the study materials provider, in which it had invested upwards of $21m.

The following is an excerpt from our upcoming World of Corporate Venturing report.

In an extended version covering the holidays, Global Corporate Venturing has rounded up the period’s smaller deals and tracked the emerging companies accessing corporate funds.

EV Growth was among the participants in a series C round for the online education provider that also featured UOB Venture Management.