Consumer

Corporate venturing deal net: 18-22 February 2019
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Just sets $200m funding course
Just, the Uni-President Enterprises-backed, plant-based food supplier formerly known as Hampton Creek, is seeking $200m in fresh funding primarily from Chinese investors.
Kinnevik to kick in $96m for MatHem
Kinnevik has agreed to invest $42.5m in Clas Ohlson-backed online supermarket MatHem while buying $53.5m in a secondary investment deal.
Opendoor looks to access $200m
Opendoor, whose shareholders include GV and SoftBank Vision Fund, is reportedly seeking $200m at a $3.7bn valuation, which would take its total funding to $1.25bn.
Corporate venturing deal net: 11-15 February 2019
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Peloton begins IPO cycle
Comcast and Grace Beauty-backed interactive exercise platform Peloton Interactive is interviewing banks for an offering slated for the second half of 2019.
DoorDash chases $500m
The SoftBank-backed food delivery service is seeking funding at a valuation above $6bn, having already raised $785m in the past year.
Zilingo struts away with $226m
The fashion e-commerce platform is reportedly valued at $970m following a series D round featuring existing corporate investor Burda Principal Investments.

Other News

Hinge completes Match union
Match Group, which acquired a 51% stake in CAA-backed dating app Hinge last summer, has purchased the remaining shares in the business.
Soocas brushes up on funding
Xiaomi-backed smart toothbrush producer Soocas Shenzhen Technology has received almost $30m from investors including Fosun-founded Kinzon Capital.
Foot Locker kicks $100m into Goat Group
The retailer has invested $100m in footwear marketplace Goat Group, which already counts Matrix Partners, Upfront Ventures, Webb Investment Network and Accel as shareholders.
Zomato increases latest serving to $250m
Glade Brook Capital has invested $39.7m in food listings and ordering platform Zomato, adding to $210m from Ant Financial in October.
BBG beckons outsiders to new fund
BBG Ventures, which was founded by AOL and is now funded by Verizon Media, is reportedly seeking external commitments for its next fund.
Corporate venturing deal net: 28 January-1 February 2019
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.

Editor's Picks

Zomato readies billion-dollar order
Ant Financial is set to lead a round that could value online restaurant listings and ordering platform Zomato at $3bn, while SoftBank looks to rival Swiggy.
Altria agrees $12.8bn Juul investment
E-cigarette brand Juul has overcome internal opposition to agree a $12.8bn investment by Marlboro owner Altria at a $38bn valuation.
Swiggy secures $1bn in series H funding
The round reportedly valued the online food ordering platform at $3.3bn and was led by $660m from Naspers, while Meituan Dianping and Tencent also invested.
Tokopedia tops up latest round to $1.1bn
SoftBank Vision Fund and Alibaba have co-led a $1.1bn round for the e-commerce marketplace that also featured Softbank Ventures Korea.
test reg

Login