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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.
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.
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.
Baicells fires off series C round
Property developer Greenland Holdings has returned to reinvest in mobile broadband infrastructure provider Baicells as part of a nine-digit renminbi round.
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.
DoorDash chases $15bn valuation in next round
The SoftBank-backed food delivery app developer is reportedly close to raising new funding at a pre-money valuation in excess of $15bn.
Broughton and Ouimet-Storrs set up Óskare Capital
Solvay Ventures veteran Alexandre Ouimet-Storrs has joined Mercia alumna Nicola Broughton to form a medical cannabis-focused investment firm.

Other News

Corporate venturing deal net: 1-5 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.
Corporate venturing deal net: 25-29 May 2020
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Idriverplus parks series C funding
The Arm-backed Hopu-Arm Innovation Fund led a series C1 round for the autonmous driving software developer, whose existing backers include Baidu Ventures.
JXTG Accelerator showcases 2019 contenders
The oil and metals producer’s accelerator program has announced five startups for its second edition and hosted the demo day online.
GoBear gobbles up $17m
Asia-facing loan and insurance comparison service GoBear has now assembled $97m altogether, having lured existing investor Aegon to its latest round.
Galaxis gathers series D funding
Huaxi Group vehicle V-Capital contributed to an eight-figure round for SF Express-backed logistics robot technology developer Galaxis Technology.

Editor's Picks

DoorDash chases $15bn valuation in next round
The SoftBank-backed food delivery app developer is reportedly close to raising new funding at a pre-money valuation in excess of $15bn.
BillDesk itemises $300m Visa investment
Visa has provided a reported $200m in equity funding for bill payment platform BillDesk and bought up to $100m worth of shares in a secondary transaction.
Big Deal: NewTV to switch on with $800m
Entertainment producers like 21st Century Fox and Warner Bros have reportedly supplied $200m of an $800m round that will support high-budget, short-form video, as content continues to draw in big bucks.
Intel spreads $72m across 12 companies
Intel Capital has revealed investments in 12 US or China-based portfolio companies and a partnership with the NBA.
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