Services

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.
Flexport extracts $1bn in SoftBank-led round
Cargo shipping services platform Flexport is now valued at $3.2bn following a $1bn round led by SoftBank Vision Fund that will go to technology development and hiring.
DoorDash reaches series F with $400m
The last-mile consumer goods delivery service has almost quadrupled its valuation in under a year, as SoftBank Vision Fund returned for a $400m round.
Wowqu houses series B funding
Mofang Apartment has tapped its investment unit to invest in the 58.com-backed apartment rental platform operator's $29.7m series B round.
Ucommune seeks home in public markets
The workspace operator is reportedly seeking a $3bn valuation in a US IPO that would allow a host of corporates including several real estate developers to exit.
Clutter sweeps up $200m
SoftBank Vision Fund and GV have contributed to a $200m series D round for Clutter, following reports earlier this month that estimated the round would be sized at up to $250m.
Supermonkey works out series D funding
The Fosun-backed fitness brand plans to to open 100 more unmanned gymboxes in 2019 following a $53.3m round that was co-led by Starquest Capital and Yao Capital.
Quiqup collects more funding
The on-demand logistics service provider, which counts Transmed and Delivery Hero as existing shareholders, is looking to raise $12.9m in its latest round.

Other News

Joor soars in $16m series C
The wholesale fashion e-commerce platform will expand into Asia with the proceeds from the Itochu-led round, which boosted its total funding to $36m.
Oyo completes $1bn booking
Didi Chuxing has invested $100m in the hotel platform, allowing Oyo to close a $1bn round led by SoftBank Vision Fund and backed by Grab.
Flexport courts SoftBank for $500m round
SoftBank is reportedly in talks to lead a $500m round for shipping services platform Flexport at a possible valuation of $3bn.
Rivigo rigs up new funding
The Singapore Post-backed logistics services provider has raised $35.6m in its latest funding round, which increased the company's valuation to a reported $948m.
HouseMyDog and Gudog to share a kennel
HouseMyDog has merged with fellow dog walking and sitting service provider Gudog, which counts Wayra among its investors.
SoftBank studies 10-figure Latin America fund
SoftBank is reportedly considering a Latin American fund that would be sized in the billions of dollars, in addition to leading a $149m round for Brazil-based Gympass.

Editor's Picks

Flexport extracts $1bn in SoftBank-led round
Cargo shipping services platform Flexport is now valued at $3.2bn following a $1bn round led by SoftBank Vision Fund that will go to technology development and hiring.
DoorDash reaches series F with $400m
The last-mile consumer goods delivery service has almost quadrupled its valuation in under a year, as SoftBank Vision Fund returned for a $400m round.
Oyo completes $1bn booking
Didi Chuxing has invested $100m in the hotel platform, allowing Oyo to close a $1bn round led by SoftBank Vision Fund and backed by Grab.
SoftBank goes to WeWork with another $3bn
Work and living space provider WeWork will receive warrant financing from Vision Fund at a valuation of at least $42bn through two $1.5bn tranches in 2019.
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