Bedrock Capital led a series D round for the Bertelsmann, Comcast and Chernin Group-backed sports media company at a $500m valuation.
Month: January 2020
Flutterwave shuts series B round at $35m
Visa and FIS joined an investor base that already includes Mastercard, as the Africa-focused payment technology provider closed its series B.
Corporates bet on Bitkey’s series A round
Fulltime System, Goodpatch, Hankyu Hanshin Properties, Mitsui Fudosan and Shinsei Bank chipped in as the smart lock startup closed its $31.4m series A round.
Verbit transcribes $31m in funding
ClalTech returned to back a series B round that brought speech-to-text transcription platform developer Verbit’s total funding up to $65m.
Shopline bags $20m in fresh funding
Livestreaming platform Joyy and its VC offshoot, Engage Capital, both invested in e-commerce tool provider Shopline, which will put the money into hiring and geographic expansion.
Socially Determined works out series A funding
3M, CareFirst BlueCross BlueShield, Lafayette General Health, OSF Healthcare and ProMedica all invested as the healthcare technology provider closed an $11.1m round.
Sony shows Japan Inc’s road to the future
So, ok, it is hardly the biggest deal of the deal or week but Japan-based electronics conglomerate Sony’s $30m investment in Zoomcar, an India-based self-drive car hire service, reflects a couple of bigger trends.
Berkshire Grey delivers on $263m series B
SoftBank has led a $263m series B round for Berkshire Grey, an automation services provider that emerged from stealth just over a year ago.
AvidXchange advances with $260m
Mastercard-backed AvidXchange has received $260m in funding from investors including existing shareholder TPG Sixth Street Partners.
AppsFlyer takes off with $210m series D
Deutsche Telekom Capital Partners has returned for a $210m series D round for AppsFlyer, having previously backed the marketing platform’s $56m series C three years ago.
ArcTern tunes up $153m second fund
Corporates TD Bank, Equinor and Suncor Energy all signed up to cleantech-focused ArcTern’s second venture capital vehicle.
Snyk earns its stripes in $150m round
Salesforce Ventures has supported a $150m round for Snyk, already backed by GV, and helped more than double its valuation to beyond $1bn.
Revolution Medicines to rule with $100m IPO
Sanofi is in line for an exit as Revolution Medicines files for a $100m initial public offering on the Nasdaq Global Market.
AutoX rides pre-series B funding wave
Dongfeng Motor, Alibaba, MediaTek and SAIC Motor-backed AutoX has gathered tens of millions of dollars in pre-series B funding led by Jumbo Sheen Group.