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Corporate venturing deal net: 2-6 December 2019
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds
Dec 6, 2019Streem nudges open Frontdoor
Rogue Venture Partners-backed Streem has been bought by Frontdoor, which has plans for its augmented reality-based remote home services technology.
Dec 6, 2019Flow floats to $37m series B
Fung Capital-backed cross-border services business Flow won the backing of American Express Ventures in a round that will fund platform development and hiring.
Dec 6, 2019Duolingo converses with CapitalG for $30m
Language teaching app Duolingo has received series F funding from existing backer CapitalG and is now valued at $1.5bn.
Dec 6, 2019Relay relishes $30m investment
Private equity firm LLR Partners has invested in the Actua and Independence Health-backed customer engagement software provider, taking its total funding to $58m.
Dec 6, 2019Shadowfax cracks $60m series D
Qualcomm Ventures contributed to a $60m round for last-mile delivery service Shadowfax that was led by Flipkart at a $250m valuation.
Dec 5, 2019Circulate Capital secures $106m
Circulate Capital aims to cut ocean plastic pollution and has lured corporates including Chevron Phillips, PepsiCo, Coca-Cola, Dow Chemicals, Danone, Unilever and Procter and Gamble to its fund.
Dec 5, 2019Housi accommodates Redpoint funding
Redpoint Ventures has invested $11.2m in the on-demand accomodation provider, which was founded by Vitacon earlier this year.
Dec 5, 2019Highspot hustles $75m in series D1 round
Salesforce Ventures took part in a $75m series D1 round for sales optimisation platform Highspot that carried its overall funding to the $200m mark.
Dec 4, 2019Gong.io gets investors talking to raise $65m
Cisco Investments returned to reinvest in the sales analysis platform developer in a round that almost doubled its overall funding.
Dec 4, 2019Vanderbilt opens vault for $40m fund
Vanderbilt University joined fellow LPs including Consumer Technology Association in an oversubscribed close for the diversity-focused Harlem Partners Venture Fund I.
Dec 4, 2019CureFit starts training for $100m round
Temasek could reportedly invest in CureFit at a valuation of $800m, less than six months after Unilever Ventures participated in a $120m round for the wellness services provider.
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