The Tencent-backed online sports app operator’s latest secondary round valued it at nearly $5bn, though the identity of the sellers has not been disclosed.
Month: March 2021
Fanatics puts $320m in the can
The SoftBank and Alibaba-backed sports memorabilia retailer doubled its valuation to $12.8bn in a late-stage round that took its total funding near the $2bn mark.
Blockchain.com stocks up with $300m
The Alphabet, Virgin and Access Industries-backed cryptocurrency technology provider hiked its valuation to $5.2bn in a series C announced just five weeks after its last round.
Bevy beckons LinkedIn to $40m series C
The event community platform developer secured the series C funding at a $325m valuation and plans to more than double headcount this year.
Pacaso packs in $75m
First American Financial and Shea Ventures contributed to a round that reportedly made the second-hand home marketplace the fastest US company so far to achieve unicorn status.
Velo3D produces reverse merger details
The Petronas and TNSC-backed 3D printing tedchnology provider has agreed to list through a reverse takeover deal at a $1.6bn valuation.
Feedzai to fight financial crime with $200m
Citi’s strategic investment vehicle helped fill out a series D round valuing the risk management software developer above $1bn.
Brii Biosciences gets $155m boost
The WuXi AppTec-backed infectious disease therapeutics developer has closed a series C round featuring various investment managers and Singapore’s sovereign wealth fund.
AbSci absorbs $125m
New and existing investors provided crossover financing for the synthetic biology technology developer, which already counts Merck & Co, AGC Asahi Glass and JSR Life Sciences as investors.
Recursion takes steps toward $100m IPO
Bayer could exit the drug discovery technology developer should it complete an initial public offering on the Nasdaq Global Select Market.
Renovacor reaches reverse merger deal
The Novartis-backed gene therapy developer will merge with Chardan Healthcare Acquisition 2 Corp and take a New York Stock Exchange listing.
Baraja bags series B funding
Newly minted strategic partner Hitachi Construction Machinery was among the investors in a $30.4m round for the lidar system developer.
Helsinn hails 3B Future Health Fund II
Helsinn is co-anchoring the second 3B Future Health Fund, which will target oncology and rare disease therapeutics startups as it seeks a $118m close.
Roambee raises over $18m
The supply chain software provider, which counts Telkom Indonesia, Deutsche Telekom, Jebsen & Jessen and Telkomsel as investors, has now raised over $42m in total.