Data protection platform developer Actifio had received more than $307m in venture capital investment from investors including The Heritage Group.
Month: December 2020
FedEx fixes ShopRunner acquisition
Alibaba and American Express are set to exit the subscription-based e-commerce platform, which had been valued at $600m in 2013.
Infogrid maps out series A round
JLL Spark was among the investors in a $15.5m round for the interior sensor technology developer that was led by Northzone.
Novo’s BioInnovation Institute announces new batch
Novo Nordisk Foundation’s BioInnovation Institute has funded seven new projects with debt financing and grants to progress research in areas like male infertility and stem cell therapies.
DIP scouts entrepreneurs for 15th AI.Accelerator
The headhunter’s startup initiative has announced a new batch of AI technology startups jointly with a call for proposals for its 16th programme.
Canica and Verdane Capital pick up majority of Porterbuddy
The Varner-Gruppen and Farmasiet-backed last-mile delivery service is now majority owned by investment firms Canica and Verdane Capital.
1inch measures out $12m
The cryptocurrency exchange aggregator has closed its second round of the year, which included Gumi Cryptos, raising its total funding to $14.8m.
GreenCom plugs into new funding
Oil and gas business Shell has joined energy companies Centrica and Eon to invest in a $14.5m round for the energy brokerage platform developer.
JD Health treats itself to $3.48bn IPO
JD.com’s medical products spinoff has gone public in Hong Kong’s largest initial public offering this year, valuing it at close to $29bn.
Suning sends out Yunwang Wandian with $913m
The appliance and electronics retailer has spun off an e-commerce and retail services arm with external funding valuing it at $3.8bn.
Flipkart to free PhonePe with $700m
Walmart is leading a $700m round being raised by financial services app developer PhonePe at a $5.5bn valuation as it is spun off by Flipkart.
TuSimple trucks in $350m
Goodyear, Union Pacific, CN Rail, US Xpress, Kroger, The Traton Group and Navistar contributed to a round taking the smart truck developer’s total funding to $648m.
Flock Freight stocks up with $114m
The series C round was led by SoftBank Vision Fund 2 and backed by GLP Capital Partners, GV and Volvo Group Venture Capital at a $500m valuation.
Monzo magnifies series G to $167m
The challenger bank’s Orange and Stripe-backed series G has been boosted by new funding at the same $1.57bn valuation.