An undisclosed investor provided the funding at a $4.3bn valuation, Marqeta having previously raised nearly $370m from backers including Commerzbank, Visa and CreditEase.
Month: May 2020
Cisco sets aside $1bn for ThousandEyes acquisition
Cisco intends to purchase the network analytics software producer, which had raised more than $110m from investors including GV and Salesforce Ventures, for a reported $1bn.
Pie Insurance picks out $127m
Existing investor Sirius was among the investors as the worker’s compensation provider received a total of $127m, with $100m allocated to the launch of an affiliate called Pie Carrier.
Vision Fund prepares for job cuts
Vision Fund is reportedly set to reduce the size of a 500-strong team by about 10% in the wake of some $18bn in losses over the past year.
Shinji Asada leaves Salesforce Ventures
After five years at Salesforce, the former head of Salesforce Ventures Japan has departed to become a co-founder of a new venture capital firm.
Aota drives into Kellerman’s role at Yamaha
Jim Aota has moved up to CEO at Yamaha Motor Ventures and Laboratory Silicon Valley, replacing George Kellerman who has moved to Toyota.
Dekun organises $70m funding delivery
BOCG Investment was among the participants in a round that will fund technology and strategic investments for the Haier-backed logistics service.
Aircall rings up $65m
The call management platform developer has completed a series C round led by DTCP that also featured Swisscom Ventures.
DefinedCrowd attracts series B funding
EDP Ventures and Semapa Next took part in a $50.5m series B round for the AI verification data provider, which counts Amazon, Sony and Mastercard as earlier investors.
Ascus Biosciences gets fed $46m
Cavallo Ventures contributed to a series B round for the microbial animal feed producer that will fund product development and recruitment.
NextProtein nets series A cash
Aucfan Incubate was among the investors in an $11.2m round that will fund construction of the insect feedstock provider’s second production plant.
MPharma pools investors to raise $17m
Pharmaceuticals distributor MPharma increased its funding to more than $38m in a round that included Dompe Holdings.
GoBear gobbles up $17m
Asia-facing loan and insurance comparison service GoBear has now assembled $97m altogether, having lured existing investor Aegon to its latest round.
‘Huawei banned so let’s invade Taiwan’
It’s a scary-enough headline, Huawei Banned, So Let’s Invade Taiwan to Take TSMC?, in reaction to the US government’s 15 May set of strict rules trying to cut the China-based 5G and phone maker off from the global semiconductor ecosystem.