Venture capital firm Valo Ventures, launched by CapitalG alumnus Scott Tierney, has raised $175m for its debut fund following an LP commitment from Fortum.
Month: June 2019
Inner Loop Capital joins Syndicate Fund
Inner Loop Capital has raised $2.6m from investors including Bloomberg Beta for Syndicate Fund, which invests in cybersecurity and enterprise technology startups.
Minute Media wins $40m
The sports content publishing platform increased its overall funding to $120m with a ProSiebenSat.1-backed round that will enable it to extend its M&A activities.
PeopleFund crowds in extra series B financing
Peer-to-peer lending platform PeopleFund has added $5m of equity and $30m of debt to a series B round that already included contributions from KakaoPay and Dayli Financial.
Bird swoops in for Scoot
Bird has acquired Mahindra-backed electric scooter rental service Scoot, reportedly for about $25m in cash and stock.
Intel fires up Ignite in Israel
The chipmaker will choose 10 to 15 pre-seed developers of artificial intelligence, autonomous and data technologies based in Israel to participate in the accelerator.
Traction Guest signs in $13m
Salesforce Ventures has invested in Traction Guest, developer of a digital corporate sign-in system, as part of its series A round.
CreatorIQ scores $12m in series B round
Unilever Ventures contributed to the infleuncer marketing platform’s latest round, which was led by growth equity firm TCV Capital.
Epic Games crashes Houseparty in acquisition deal
Epic Games has purchased the social video chat app provider in a deal that enabled Comcast, Broadway Video, Universal Music Group, William Morris Endeavor, UTA and CAA to exit.
Hyundai helps hike Aurora series B to $600m
Hynudai and Kia Motors took part in a tranche that expanded the driverless car technology developer’s latest round, which includes Shell and Amazon, past $600m.
CPPIB seeks $150m Delhivery investment
Canada Pension Plan Investment Board is in the process of acquiring an 8% stake in SoftBank, BCC and Fosun-backed Delhivery through a secondary transaction that will value the delivery services provider at almost $1.9bn.
PayU identifies Iyzico for $165m acquisition
Iyzico has agreed to an acquisition by Naspers-owned PayU sized at $165m, after raising $24m in equity funding between 2013 and 2017 from investors including Beenos.
Quartet uncorks $60m series D
GV and new strategic partner Centene both participated in a round that boosted the collaborative mental healthcare platform’s total funding to $153m.
Blackthorn racks up $76m in series B
The neurobehavioural disorder drug developer sourced funding from investors including Scripps Research, Alphabet, Alexandra Real Estate Equities and Johnson & Johnson in the round.