Galecto, whose investors include Novo, Merck Group and Bristol-Myers Squibb, is merging with Celgene-backed PharmAkea, with the joint entity retaining the Galecto name and leadership team.

Grain-industry data management platform Bushel secured $19.5m from Continental Grain among others to take its total funding to $28m.

Event review: GCV Energy

Why the state’s VC sector has all the cards

The pig-breeding software developer has received an undisclosed amount from Baidu Ventures after being incubated within Joyvio Group.

Fashion hire service Style Theory collected the cash from existing investor SoftBank Ventures Asia, Paradise Group and Alpha JWC Ventures.

KarmSolar has raised an amount previously reported to be up to $25m from EDF's renewable energy subsidiary as part of the latter's North African push.

Monthly Analysis: October 2019

This year’s Global Corporate Venturing Asia Congress from October 1-2 welcomed a delegation of about 50 international corporate venturers.

CoreView, a software-as-a-service (SaaS) management platform for Microsoft Office 365, has acquired Alpin, a graduate of the Techstars Barclays Accelerator and SaaS service provider, for an undisclosed amount. Michael A. Morrison, chief executive officer of CoreView. “One of the greatest strengths of our Office 365 platform is the breadth of insights we provide because we manage […]

Australia-based online retailer My Fashion Republic Group has agreed to acquire Hong Kong-based online marketplace Luxify. Luxify.com was launched in 2013 and had raised $800,000 in funding over two rounds backed by magazines and digital media group Heart Media.

Capital D, a private equity firm, has acquired a 54% stake in Vonq, a recruitment marketing company backed by Randstad Innovation Fund, the corporate venturing unit launched by staffing firm Randstad, In November 2014, Randstad led a joint series A round for Netherlands-based recruitment marketing firm Vonq and Qmulus. VONQ’s platform integrates over 2,000 job […]

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

Sunfolding, a former participant in an R/GA Ventures and Macquarie-backed accelerator, will use the series B funding to build out its solar tracker business.

Zealand Pharma, a Denmark-based biotechnology company for stomach upsets, has acquired for up to $80m Encycle Therapeutics, a Canada-based biotech focused on bowel disease and backed by Japan-based drugs company Takeda’s corporate venturing unit. Emmanuel Dulac, CEO at Zealand Pharma, said: “Encycle has demonstrated the significant potential of its innovative peptide chemistry, and have remained […]

Louken Group is exiting CombineSell in an acquisition by Shopmatic, having backed the e-commerce management platform developer at seed stage.

Before the GCV Synergize conference, GCV talked with two venture partners about New York’s innovation capital ecosystem

Sector analysis: Energy

Qorvo has purchased a portfolio company, radio frequency technology developer Cavendish Kinetics, which was spun out of Cambridge two decades ago.

Qorvo has purchased a portfolio company, radio frequency technology developer Cavendish, in a deal that will also allow Qualcomm Ventures to exit.