Corporate venturing deal net: 15-19 October 2018
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Alibaba makes a $288m date with 1919
Alibaba is set to invest $288m in the alcoholic drinks retailer at a time when consumer demand for wine and spirits is rapidly growing in China.
Holatek raises $86m from successful series D projection
Smart projector and TV manufacturer Holatek has attracted $86.5m in series D funding from a consortium led by Alibaba that featured the newly unveiled 36Kr Fund.
SI-Bone burrows into public markets with $108m IPO
The Novo-backed surgical implant provider floated at the top of its range and increased the number of shares in the offering.
Corporates drive Momenta to $1bn valuation
Tencent and existing backer Nio Capital both invested as autonomous driving software developer Momenta took its overall funding to $200m.
Cloud9 beams up $50m
The eSports team manager has added series B funding to a 2017 series A backed by WWE, FunPlus, Beverly Hills Sports Council and UTA Ventures.
Thread pulls out $22m from series B round
Men's styling and fashion e-commerce platform Thread has now raised $40m altogether, having secured funding from H&M Co:Lab among others.
Oxford Nanopore expands latest round to $206m
Amgen has invested $66m in genetic sequencing system provider Oxford Nanopore, increasing its latest funding round to $206m.

News Continued

Careem clears $200m in new funding
Al Tayyar and Rakuten are reportedly among the existing investors that provided $200m for on-demand ride platform Careem at a $2bn valuation.
Loggi locates SoftBank for nine-figure round
SoftBank Vision Fund has reportedly put $100m into the delivery service provider, whose existing shareholders include Qualcomm Ventures.
Edianzu downloads $60m in series D round
Source Code Capital and an unnamed sovereign wealth fund have provided capital for Edianzu, the IT equipment supplier backed by Lakala.
Kymco kicks in $65m for Twenty Two Motors
The two-wheeled vehicle producer is acquiring a stake greater than 25% in electric scooter developer and new strategic partner Twenty Two.
Equillium enters public markets
Existing investor Biocon bought more shares in a $65.4m offering that involved the immuno-inflammatory disorder drug developer floating at the bottom of its range.
Stratifyd straightens up with $25m series B
Tencent-backed customer analytics platform developer Stratifyd has now raised $36m altogether and will use the latest funds for product development and international growth.

Editor's Picks

Chehaoduo shifts into next round with $162m
Seven months after raising $818m in a series C round led by Tencent, Chehaoduo has added $162m in series C-plus funding alongside a $430m commitment from the city of Kunshan.
Instacart bags up $600m
The grocery delivery service, which counts Amazon, American Express and Comcast as investors, has increased its valuation 75% to $7.6bn in just six months.
Allogene rallies to $324m IPO
The Pfizer and Gilead-backed immuno-oncology therapy developer, which had raised $300m in an April series A round, floated at the top of its range.
Snowflake packs in $450m
Capital One Growth Ventures returned to invest in the data warehousing software provider as part of a round that more than doubled its post-money valuation.
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