Hearst Ventures and Maersk Growth took part in an $18.1m round for the e-commerce logistics service provider.
Month: October 2020
Prosus rides into $13m Bykea round
Prosus Ventures led a series B round for on-demand ride provider Bykea that lifted its overall funding to $22m.
Epic snaps up M12-backed SuperAwesome
Microsoft unit M12 has exited game developer SuperAwesome in an acquisition of undisclosed size by Epic Games.
SAIC backs ChipOn
SAIC Hengxu participated in a $14.7m round for semiconductor technology developer Shanghai ChipOn Microelectronics Technology.
PayMongo adds Stripe to A round
Stripe has led a $12m round for online payment software provider PayMongo follwing a seed round in mid-2019.
Real Web drives into MotorK
Real Web has led a $12m equity and debt round for automotive marketing technology developer MotorK.
Ohm Heskja accounts for job change to BDO
Karen Elisabeth Ohm Heskja has departed from her role heading up DNB Ventures and joined BDO as director of business and strategy advisory.
Rolls-Royce flies into accelerator
ATI Boeing Accelerator, which was co-founded by Boeing, has welcomed Rolls-Royce to its list of partners.
Spying the data trends
Sophia Genetics, a Switzerland-based clinical insights platform, has raised $110m in its series F round from a consortium including Hitachi Ventures.
Corporate venturing deal net: 28 September-2 October 2020
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Northvolt recharges funding with $600m
Volkswagen has co-led a $600m round for Northvolt together with Baillie Gifford and Goldman Sachs, while Scania also returned.
VTex integrates $225m series D
Existing shareholder SoftBank has doubled down on its commitment to VTex by backing a $225m series D round that pushed the retail management platform’s valuation to $1.7bn.
Ayala activates $180m fund
Ayala has anchored the fund, while Globe Telecom also invested and helped push the fund past its original $150m target to make it the Philippines’ largest vehicle to date.
Hitachi cracks Sophia Genetics’ deal code
Sophia Genetics has added Hitachi to its list of shareholders following a $110m series F round that also included returning backer Swisscom.