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9 February 2018

Corporate venturing deal net: 5-9 February 2018

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

Arrive, the investment and startup services unit formed by music management firm Roc Nation, provided an undisclosed amount of funding for Robinhood, the US-based creator of a fee-free online brokerage, on Tuesday. Robinhood had previously raised $176m from investors including GV, a subsidiary of internet technology group Alphabet, DST Global, Greenoaks Capital, Index Ventures, Andreessen Horowitz, Rothenberg Ventures, New Enterprise Associates, Ribbit Capital, Thrive Capital, Queensbridge Venture Partners, Social Leverage and Vaizra Investments.