Services

The tutoring app developer increased its valuation to more than $3bn in a Tencent-led round that took its overall funding past the $500m mark.

Allianz X was among the participants in an eight-figure euro round for human resources software producer HeavenHR.

The trucking services platform has completed a $14.3m round that was co-led by Fosun and Bertelsmann India Investments while Mitsui Sumitomo Insurance also invested.

The CyberAgent-backed online food delivery service is valued at $2.6bn, as of a $320m round led by Hillhouse Capital that included Sequoia Capital and GIC.

The first flotation of a ride hailing business, expected in early 2019, will give an exit to a range of corporate investors and will move this business model into public markets.

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

In the second half of our guide to corporate venturing's biggest trends in 2018, we look at the growth of Chinese tech companies, genomics, advances in transport tech and the growth of the scooter rental space.

Airbnb and WeWork both backed the female-only space provider's series C round, bringing its overall funding to more than $117m.

In part one of our 2018 trends round up, we examine the ubiquity of SoftBank's Vision Fund, the increased willingness of unicorns to go public, and increased activity in the crypto and agriculture spaces.

Brand Capital contributed to a $35m round for the AI-based examination preparation app, which raised the money at a valuation of up to $200m.

Ikove Venture Partners has launched a $10m venture capital vehicle to help spawn spinouts based on projects at Ohio universities.