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11 August 2017

Corporate venturing deal net: 7 - 11 August 2017

Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.

Author: Robert Lavine, News Editor

Jetsmarter, the US-based private flight subscription service backed by private aviation company JetEdge, raised an undisclosed amount from investment firm Clearlake Capital Group and investment holding company Leucadia National Corporation yesterday. The company had previously received $157m in funding, including $105m in a December 2016 series C round featuring JetEdge, KZ Capital, private investor Shawn Carter and undisclosed Middle Eastern equity funds and individual investors.