Services

Among the many news released by Salesforce Ventures last year, the unit announced in early December two new $100m funds in Canada and Japan, both aiming to boost startup innovation that is part of the global Salesforce ecosystem.

Having significantly increased its market share in the US in recent years, on-demand transportation company Lyft recently appointed JP Morgan to lead its planned initial public offering (IPO) with an estimated valuation of $15.1bn.

Currently valued at over $3bn, Katerra, which aims to revolutionise the construction sector with its technology, is said to be the most well-funded construction tech startup.

The end-to-end supply chain services provider, which was spun off from Foxconn, has raised $356m in a China Life-led round that also featured China Railway Group.

BMW, Jaguar Land Rover and Porsche all backed a series B round for the roadside assistance app developer, whose early investors include Verizon, Allianz and ATD.

Additive manufacturing provider Desktop Metal raised a $160m round led by Koch Disruptive Technologies and featuring other corporate investors

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

The JF Shea-backed trucking services platform has increased its total funding to more than $125m with a series C round that included Global Logistic Properties.

The African IT recruitment platform has closed a series D round featuring existing investor GV that boosted its total funding to $180m.

The service provider marketplace operator has increased its total funding to $172m with an investment from SoftBank Vision Fund that valued it at almost $1bn.

The parking space provider has raised $17m in a round led by AccorHotels that included existing backer Keolis and fellow corporate Groupe ADP.