Tnuva Food Industries and Tempo Beverages are among the partners that will invest up to $100m in foodtech and agtech developers in Israel.
Month: May 2019
Robinhood quests to find $200m
Alphabet and Roc Nation-backed trading app developer Robinhood is reportedly looking to secure funding at a valuation of more than $7bn.
FireEye splashes out $250m for Verodin
Cisco, Capital One and Citi exited the cybersecurity testing platform in a $250m deal that came in the wake of $33m in venture funding.
Cibus finds IPO too hard to stomach
Alexandria Real Estate Equities-backed gene-edited seed developer Cibus has withdrawn its IPO application three months after setting a price range that would have raised $107m at the upper end.
SoftBank prepares second AI-focused fund
Deepcore, SoftBank’s AI investment subsidiary, is planning to raise a second fund that will be larger in size than the $55m vehicle it launched a year ago.
Atreca takes on public markets with $100m IPO
Solid tumour treatment developer Atreca has set a $100m target for an initial public offering that will provide GlaxoSmithKline with an exit.
Reality Accelerator realises $6.7m for first fund
Asahi Media Lab Ventures, So-net Media Ventures, Eltes and Marui were among the LPs that helped venture capital vehicle Reality Accelerator raise almost $7m for its first fund.
Ahrens arrows to Deutsche Bank
Gil Ahrens, formerly head of venture capital and emerging growth coverage at Wells Fargo Securities, is set to reprise his role at Deutsche Bank.
Rohit Dave to run WeWork Creator Fund
Rohit Dave, previously senior director and head of M&A at WeWork, has ascended to vice-president and will continue heading M&A activities alongside running its Creator Fund.
Whispir winds toward public listing
The Telstra and Telkom-backed enterprise messaging software provider priced its shares at the foot of the IPO’s range but is in line to raise $32.5m when it floats next month.
GCV Symposium 2019: Day Two
The second day of 2019’s GCV Symposium featured discussions on implementing AI into deal sourcing, hybrid CVC initiatives and a fireside chat with Tencent’s Jeffrey Li.
Monstar Lab mounts $22m in funding
Monstar Lab took its overall funding to $35m in February, capturing $22m from investors including DG Incubation and SigmaXYZ, it emerged last week.
SpaceX solicits another $1bn in funding
Alphabet-backed spacecraft producer SpaceX has revealed more than $1bn in new funding, raised across two rounds sized at $486m and $535m respectively.
SoftBank considers throwing $350m into Lenskart
The eyewear e-commerce platform could potentially be valued at $1.3bn in a prospective deal that would give SoftBank Vision Fund a 27% stake.