Europe

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.
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.
Truphone dials up backers for more funding
Independent News & Media-backed Truphone has added $23.6m to its coffers through a rights issue, with about $47m more committed on a conditional basis.
MPI hits Stride to back $65m fund
Schibsted spinoff MPI is among the limited partners for Stride.VC, which has closed a $65.5m fund that will concentrate on UK-based seed investments.
Kahoot loots funding at $300m valuation
Datum Invest has led a $15.3m round for the Microsoft-backed educational game platform that tripled its valuation from its last funding round in March.
Corporate venturing deal net: 8-12 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.
Simplesurance clocks up $11.5m
Tokio Marine Insurance and Oddo BHF invested in Simplesurance as part of a round that took the total raised by the Allianz and Rakuten-backed insurance provider to $60m.

Other News

H&M wins Klarna's loyalty with $20m
Payment technology provider Klarna will power fashion retailer H&M's new loyalty scheme in a deal that involves the latter investing $20m.
Lymbersky leaves Cisco to go Global
Christoph Lymbersky, a partner at corporate venturing unit M2P Venture & Capital Partners, has co-founded investment bank Global Ventures.
Schulte shoots to Swiss Post
Jens Schulte, who oversaw corporate venturing at PostFinance, has been promoted to head of M&A for its parent company, Swiss Post.
Aave unchains corporate venturing unit
Aave’s newly formed corporate venturing unit will fund digital asset technologies and other blockchain-related ideas ranging from payment services to games.
Siemens sees Varjo in $31m series B
Industrial VR headset developer Varjo has raised funding from investors including Siemens' Next47 unit as it prepares to launch its lead product.
Europe's most important budget
Editor-in-chief James Mawson takes an in-depth look at what the Horizon Europe budget needs to achieve.

Editor's Picks

Orchard to orchestrate $173m IPO
GSK is the second largest shareholder of gene therapy developer Orchard Therapeutics, which has raised more than $290m in equity funding.
Big Deal: Auto1 accelerates with $565m
SoftBank Vision Fund has acquired a sizeable stake in automotive e-commerce platform Auto1, its first Germany-based investment.
Big Deal: TransferWise receives $280m
International financial transfer platforms TransferWise and Remitly each announced nine-figure rounds last week, highlighting the growth of the sector.
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