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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.
Alibaba makes a $288m date with 1919
Alibaba is set to invest $288m in the alcoholic drinks retailer at a time when consumer demand for wine and spirits is rapidly growing in China.
Kymco kicks in $65m for Twenty Two Motors
The two-wheeled vehicle producer is acquiring a stake greater than 25% in electric scooter developer and new strategic partner Twenty Two.
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.
WD composes Kaminario investment
Western Digital Capital has invested a reported $25m in Kaminario, which has now raised some $243m in equity from backers also including Mitsui.
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.
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.
Tencent deposits $180m in Nubank
Digital banking service Nubank has raised $180m from Tencent at a $4bn valuation, increasing its overall equity funding to about $505m.

Other News

PGDx intersects with Innovatus in $42m deal
Innovatus agreed to invest up to $42m in Personal Genome Diagnostics, whose existing backers include Bristol Myers-Squibb, Helsinn and Inova Health System.
Corporate venturing deal net: 1-5 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.
Tencent joins Voyager Innovations in $175m deal
Voyager Innovations, a digital technology spinoff from telecommunications firm PLDT, is set to raise $175m in a round co-led by Tencent and KKR.
SoftBank pays Heed with $35m investment
Heed, a joint venture developing audience analytics technology for sporting events, has received $35m in funding from SoftBank.
Mumzworld takes care with $20m round
Tamer and Twofour54-backed Mumzworld plans to use Gulf Islamic Investments' series B funding to expand its e-commerce platform in Saudi Arabia.
WndrCo falls for Infatuation in $30m deal
The Infatuation, an online restaurant media brand that also owns Zagat, has received $30m in funding from WndrCo as it prepares to expand into new cities.

Editor's Picks

Tencent deposits $180m in Nubank
Digital banking service Nubank has raised $180m from Tencent at a $4bn valuation, increasing its overall equity funding to about $505m.
SoftBank enters Opendoor with $400m
Real estate marketplace operator Opendoor has received $400m from SoftBank's Vision Fund, which could be succeeded by a new $100bn fund every two of three years.
GlaxosmithKline gets $300m to 23andme
The genetic data services provider raised the cash from GSK as part of a collaboration deal, taking its total funding past $790m.
Big Deal: Didi Chuxing gets $500m from Booking
Booking Holdings has provided more funding for Didi as part of a strategic partnership, as the latter looks to spin off its vehicle services arm in an IPO sized at up to $1.5bn.
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