Media

Nyle nabs new funding
DA Consortium, Gree Ventures, Hakuhodo DY Media Partners and SBI Group were among the backers in a $48.2m round for the marketing, media and ride hailing service operator.
Strawbear claws in $126m from IPO
The drama content producer, which counts iQiyi among its investors, has gone public in Hong Kong and seen its share price rise 84% on its first day of trading.
Corporate venturing deal net: 11-15 January 2021
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Gakken takes care with corporate venturing fund
The book publisher and nursing care service group’s Gakken Innovation-Tech Fund plans to invest about $29m over the next five years, targeting edtech and healthtech.
Dable to deploy $12m from series C
Kakao Ventures helped content discovery platform Dable achieve a $90m valuation in a series C round taking its total funding past $20m.
Corporate venturing deal net: 4-8 January 2021
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Sugar23 shores up funding with $30m
The talent management and multi-media production company has enlisted MRC as its first disclosed corporate investor as it looks to expand into new business areas.
Roblox reaches new level with $520m
Warner Music Group contributed to a series H round that pushed the valuation of the game creation platform developer from $4bn to $29.5bn in under a year.

Other News

QinBaoBao clinches series D funding
The Fosun and TAL Education-backed parenting app developer has secured $38.6m from two China-based venture capital firms.
GB News gees itself up with investment
Discovery has provided about a third of the $81.7m closed by GB News as it prepares to launch its right-wing current affairs channel later this year.
Amazon Music adds Wondery to its playlist
Amazon has agreed to acquire Walt Disney and Bertelsmann-backed podcast creator and publisher Wondery for about $300m.
US sports teams add diversity to investments
The Green Bay Packers, Milwaukee Bucks and Milwaukee Brewers joined Microsoft in backing an impact investment arm of venture capital fund TitletownTech.
Corporate venturing deal net: 21-31 December 2020
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
WarnerMedia commissions You.i TV acquisition
You.i TV has been bought by investor WarnerMedia, which plans to implement its technology in its HBO Max on-demand service in Europe and Latin America.

Editor's Picks

Comcast brings Comcast Ventures further in-house
The unit, which oversees a portfolio including NextDoor, Pony.ai, Bird and Hippo, will operate as part of Comcast's business development division.
Scopely scoots to $340m series E
The Advance, Take-Two Interactive and Chernin Group-backed mobile game publisher increased its valuation to $3.3bn and its total funding to approximately $900m.
Quibi calls it quits
Sony, 21st Century Fox, WarnerMedia, Alibaba, Walt Disney and Entertainment One are among the investors that had supplied $1.75bn for the short-form streaming service.
Epic announces $1.78bn in funding
The $250m investment made by Sony in July was rolled into the Fortnite developer's latest round, which valued it at $17.3bn post-money.
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