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Undisclosed Round

Away packs up bridge financing
Comcast Ventures-backed smart luggage brand Away has reportedly secured $30m to $40m in bridge financing as it faces a downturn in business due to the coronavirus.
CapitalBio Technology cashes $113m
Sinopec Capital and Meinian Onehealth both invested in the biotech research product maker as it prepares for an initial public offering.
Byju’s betters $10bn valuation
The BCC, Naspers and Tencent-backed online education provider has reportedly pushed its valuation to $10.5bn following a sub-$100m investment from Bond.
Corporate venturing deal net: 22-26 June 2020
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Cazoo catches funding at billion-dollar valuation
The used car marketplace has achieved unicorn status after raising $31.3m in funding from investors including existing backer DMG Ventures.
Corporate venturing deal net: 15-19 June 2020
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Monzo onboards new funding at reduced valuation
Orange and Stripe returned for a $75.9m round that cut the mobile bank's valuation from more than $2.5bn to under $1.6bn.
Outreach gets results in $50m round
The customer engagement software provider raised its latest funding at a valuation of more than $1.3bn, the investors including Salesforce Ventures.

Other News

Kahoot cajoles $28m in private placement
The Microsoft and Disney-backed educational game portal pulled in $28m as investors also bought $62m of secondary shares.
OnTruck loads up fresh funding
OGCI Climate Investments led a $19.3m round for the digital freight platform operator that included existing backer Total Carbon Neutrality Ventures.
Wave brings in $30m
Avex, Superfly Ventures and NTT Docomo Ventures contributed to a round that will help the virtual concert broadcaster enter China and Japan.
RapidSOS racks up $21m
The emergency response software provider, which counts AAA, CSAA, Microsoft and Motorola Solutions as investors, lifted its total funding to $107m.
Corporate venturing deal net: 8-12 June 2020
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Kyruus catches $30m
Francisco Partners has injected $30m into Kyruus, five months after the patient-matching platform developer received $42m in a series D round featuring Salesforce and Providence St Joseph.

Editor's Picks

Letgo links to OfferUp in merger deal
Naspers subsidiary OLX Group led a $120m round for the e-commerce app developers, which have agreed to merge, and will own 40% of the combined entity.
Quibi quantfies $750m for latest round
The round increased the total raised by the Alibaba, Sony, WndrCo,21st Century Fox, Walt Disney, WarnerBros and Entertainment One-backed short-form streaming startup to $1.75bn.
Waymo gets off the mark with $2.25bn
Autonomous car developer Waymo has snatched up its first external funding, with parent company Alphabet, Magna International and AutoNation all investing.
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.
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