Services

General Electric had considered spinning out its corporate venturing operation, but has now shifted its focus to finding a buyer for a portfolio consisting of stakes in more than 100 companies.

The round, reportedly $300m in size, featured both SoftBank’s Vision Fund and its Latin America Fund, valuing the gym subscription service at more than $1bn.

The logistics subsidiary of eBay and Singapore Press Holdings-backed e-commerce marketplace Qoo10 has raised $50m to expand its operations.

The Sumitomo-backed international freight logistics platform has added series C funding, from Sequoia Capital China, Coatue Management and Source Code Capital.

New and existing investors including SoftBank are talking to the short-term accommodation platform over a round that could value it at $10bn.

Yanolja has collected $180m in funding from Booking Holdings and Singapore’s sovereign wealth fund GIC, valuing the short-term room rental service at more than $1bn.

Online services marketplace operator Thumbtack has added $120m to its funding arsenal, bringing the Alphabet-backed company’s total equity to more than $390m.

Auth0, CircleCI and Stripe have jointly launched a support scheme dubbed Go_SaaS to help startups promote software-as-a-service platforms.

SoftBank backed online lender Creditas, a company from the alternative lending space, which does not seem to have experienced exponential growth in valuations.

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

CyberAgent, GMO, Japan Post, Nikkei, Nippon Life, Recruit and Salesforce-backed Sansan priced its shares at the top of its range today and will raise $360m including the over-allotment option.