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Undisclosed Round

Corporate venturing deal net: 19-23 August 2019
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
SBI helps Reclo rack up funding
The luxury goods resale platform received $33.8m in a round backed by SBI Investment and SBI Securities that will fund international growth.
Nykredit goes Lunar Way
Nykredit-backed Lunar Way has secured $28.6m and acquired a European banking license for its mobile banking product.
Numbrs counts up another $40m
ProSiebenSat1-backed banking and loan management app developer Numbrs has raised $40m at a valuation of more than $1bn and will now expand across Europe. comes good with $30m
Returning investor Ascension Ventures led a round that boosted enterprise reputation management software developer's total funding to more than $115m.
Tencent pours $80m into Yijiupi
The consumer goods trading platform has secured nearly $80m from existing investor Tencent in a deal that took its total funding past $510m.
Juul gets $325m funding injection
The Altria-backed electronic cigarette maker has secured new funding according to a regulatory filing, as it prepares to fight an upcoming lawsuit.
ByteDance takes a ride on Baike
ByteDance has paid an undisclosed amount for a 22.2% stake in the social referencing portal, in a bid to further take on rival Baidu.

Other News

Commsignia connects to Samsung in $11m round
The smart vehicle system developer secured $11m in a round that was co-led by Samsung Catalyst Fund as it prepares to beef up research and development.
Corporate venturing deal net: 12-16 August 2019
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Ginko spinoff Motif moves to next round
Meat-free food ingredient supplier Motif FoodWorks has added $27.5m to a $90m round featuring Louis Dreyfus and Fonterra earlier this year.
Ad4Ventures takes another trip down Springlane
Mediaset’s Ad4Ventures has contributed to an $11.2m round for kitchenware e-commerce company Springlane, almost a year after fellow CVC unit Tengelmann Ventures sold its stake.
QFPay decodes $20m in corporate-backed round
MDI Ventures and Rakuten Capital contributed to a $20m round for mobile payment technology producer QFPay, which has now raised at least $36.5m altogether.
Volanty collars SoftBank for investment
The automotive e-commerce marketplace has secured $17.5m in a round that was co-led by SoftBank's Latin American fund.

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.
Rivian rides Amazon to $700m
Amazon has led the electric truck developer's latest round, which featured existing backers likely to have included corporates Abdul Latif Jameel and Sumitomo.
Go-Jek picks up $920m
Google, Tencent and are among the existing backers that have contributed to the first tranche of a round expected to close at $2bn that valued Go-Jek at $9.5bn.
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.
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