Undisclosed Round

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.
Bynk retains links to Schibsted and LMK
Schibsted has increased its stake in Bynk to 32% in a $54.4m round that included LMK Industri, and which valued the Swedish mobile lender at about $215m.
Utilities send funding Zenobe's way
Tepco Power Grid and Jera, both of which represent Tokyo Electric Power, have provided $32.3m in funding for the battery storage provider.
Telstra files in as Nasuni raises $25m
Telstra Ventures has led a $25m growth round for the Dell-backed cloud file storage provider, which has now raised $145m altogether.
Ergosup puts foot on the gas
The electricity-to-hydrogen technology developer has secured $12.4m in a round featuring Air Liquide subsidiary Aliad to fund production of its storage units.
CommerzVentures tumbles for Mambu
Commerzbank's corporate venturing unit has returned for a $33.8m round that was led by Bessemer Venture Partners and backed by several existing investors.
Deutsche Bank and Axa rush into Zeitgold
The business finance management app developer has secured $11.3m in a round that included Deutsche Bank and Axa, increasing its overall funding to approximately $27m.

Other News

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.
Mitsui finds the right Tonik to invest
Mitsui led a $16.8m round for the green energy and clean energy product supplier, investing together with undisclosed existing backers.
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.
OP helps operate Nordcloud funding
OP Corporate Bank has backed a $22.6m round for Nordcloud, which the cloud infrastructure developer will use to hire new staff and grow internationally.
Mitsubishi charts further DMP investment
Mitsubishi Electric Corporation and INCJ provided a total of $36m for the mapping technology developer while Japan Infrastructure Initiative added an undisclosed amount.
Corporate venturing deal net: 11-15 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.

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 JD.com 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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