Services

The co-working space provider secured additional capital from Daito Trust to further expand across Asia Pacific.

Over the past few years, roughly a fifth to a quarter of all corporate investors whose deals we track appear to be newcomers.

M12 backed three deals in recent days, including a $50m series D round for Split.io that also featured fellow corporates Atlassian and ServiceNow.

Citi and Capital One-backed travel and accommodation marketplace platform Hopper has been valued at over $3.5bn through its series G round.

The marketing data sharing platform raised another $65m after previous backing from Akamai Technologies, Ascential, Experian, ITV and AT&T unit Xandr.

Only six months after its previous round, the data reliability platform company has netted $60m with backing from Salesforce.

Prosus Group's corporate venture capital arm co-led a $104m series B round for car leasing specialist Kovi, which will drive a geographic expansion.

Qualcomm Ventures helped the e-commerce platform provider raise a series E round which took its overall funding to over $620m.

National Grid Partners contributed to data protection software provider Baffle's series B round while Axa and Zendesk exited sales enablement platform developer Seismic.

SoftBank Vision Fund 2 was among the investors in the tailor-made item platform operator’s latest round, which took its valuation past the $1bn threshold.

Bike taxi service provider Rapido has surpassed $130m of overall funding through a series C round featuring corporate investors Shell Ventures, Yamaha and Positive Moves Consulting.