Each week the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Africa-focused e-commerce company Jumia floated in the middle of its range, with more than half the shares being bought by existing 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.
Big Idea Ventures will invest in alternative protein and plant-based food developers, and has secured about a third of its $100m Tyson Foods-backed fund.
Al Faisaliah Ventures has invested in e-commerce marketplace Awok as part of a round that will support its growth in the Middle East and North Africa.
Sector analysis: Consumer
SoftBank has tapped three executives to help run its $5bn Latin America-focused fund, with Paulo Passoni and Shu Nyatta to work alongside managing partner André Maciel.
The e-commerce loyalty platform has now raised approximately $85m in total, after Rakuten Capital co-led a round that will fund technology development.