ADM, Rich’s Products, Müller Group and Tyson Foods have all backed a $26.8m convertible note round for the cellular meat developer that included new and returning investors.
Month: February 2021
Rising Stars Q&A – Anil Achyuta, TDK Ventures
Q&A with Anil Achyuta, investment director, TDK Ventures
Agriculture & Ag Tech
Phuthi Mahanyele-Dabengwa, CEO in South Africa of local media group Naspers, in May last year said: “Food security is of paramount importance in South Africa.”
Robinhood takes $3.4bn from existing investors
The Alphabet and Roc Nation-backed share trading platform operator reportedly secured the equity funding together with up to $600m in debt financing.
Databricks constructs $1bn series G round
AWS, CapitalG and Salesforce Ventures helped the data management software provider increase its valuation more than fourfold to $28bn.
Investors take UiPath to $750m series F
Alphabet and Tencent-backed automation software producer UiPath has more than tripled its valuation in the past seven months to $35bn.
PNC helps send $180m to SparkPost
PNC Bank was among the participants in the bulk email software provider’s latest round, which will go toward growing its business and expanding its product offering.
Otonomo opts for $1.4bn reverse merger
Dell Technologies Capital and Hearst Ventures are backing a PIPE investment as the SK Holdings, Avis Budget, NTT Docomo and Delphi-backed vehicle data provider looks to list on Nasdaq.
Rockley Photonics locks in $65m
The photonics chipmaker has completed an Applied Ventures-backed round that brought its overall funding past the $290m mark.
UBank accrues 86400 acquisition
NAB’s UBank subsidiary has agreed to buy one of its portfolio companies, banking app developer 86400, at a valuation of approximately $207m.
Norvast nabs $62m
The Xiamen C&D-backed generic drug developer has pulled in new funding ahead of plans to list on a China-based stock exchange.
Bhanot joins Prosus Ventures
Sachin Bhanot has left B Capital after two years to lead Prosus Ventures’ investment efforts in Southeast Asia.
Foodics picks up $20m in series B
The restaurant management and payment technology developer increased its overall funding to $28m in a round co-led by STV.
Elsa elects to raise $15m
Gradient Ventures and Globant Ventures both participated in a series A round for the language learning app developer that was co-led by Susquehanna International Group.