Colin Fan, previously a managing partner at the investment management subsidiary overseeing the SoftBank Vision Funds, will assume an adviser position at the unit.
Month: January 2021
WeNext Technology wins $16m in series A
Nio Capital and CAS Investment Management co-led the additive manufacturing services provider’s series A round.
Citi supports diverse founders
Clerkie, Ketos, MedHaul, Perch, Shift, Superpedestrian and Vyv have all received funding from the banking group’s $200m Impact Fund.
NGL inherits Everplans
Transamerica, Aegon and Reinsurance Group of America have exited the inheritance planning platform developer in a purchase by National Guardian Life.
Symplr forges Phynd acquisition
MemorialCare Innovation Fund, Rex Ventures and Orlando Health Ventures are set to exit data management software provider Phynd.
Rising Stars Q&A – Malin Carlström, ABB Technology Ventures
Q&A with Malin Carlström, head of ventures, ABB Electrification
Record number of first venture investments
There was a record number of corporations making their first venture investment last year, according to GCV Analytics in its World of Corporate Venturing 2021 annual review.
Wolt takes hold of $530m
Prosus took part in a round that pushed the total raised by the food and consumer goods delivery service to $856m.
Taboola tables $2.6bn reverse merger deal
DMGT, Baidu, Advance Publications, Yahoo Japan and Comcast-backed content recommendation software provider Taboola will get an NYSE listing through the deal.
Klook clocks in with $200m
Softbank Vision Fund 1 returned for the travel and leisure booking service’s series E round, helping to boost its overall funding to $725m.
Latch unlocks public listing with reverse merger
The smart lock provider is merging with a SPAC set up by real estate manager Tishman Speyer, an existing investor, at a $1.56bn post-money valuation.
Edge Medical Robotics earns series B funding
Kangji Medical co-led a $92.6m round for the Legend Holdings-backed surgical robot developer that also featured China Poly Group.
Melio gets $110m payment
The American Express and Salesforce-backed billing settlement platform developer has bolstered its valuation to $1.3bn through the latest round.
TScan hangs up $100m in series C
GV and Novartis Venture Fund joined 6 Dimensions Capital in a round that brought the oncology drug developer’s overall funding to $160m.