Exor Seeds has led the $59.5m equity portion of the real estate platform developer’s series C round, which included $179m in facility financing.
Month: March 2021
Connect Biopharma links to $191m in IPO
Eli Lilly has scored an exit after the inflammatory disease drug developer, which is now valued at about $1bn, went public.
Finch Therapeutics finds $128m in IPO
SymBiosis and SIG-backed microbiome therapeutics developer Finch priced an upsized offering at the top of its range.
Arbe Robotics arrives at reverse merger
The BAIC and Taya Media-backed radar imaging system developer will be valued above $720m once the merger with Industrial Tech Acquisitions closes.
Pollinate blossoms with $50m
NatWest Group, Mastercard and National Australia Bank backed the banking software developer’s series C round, taking its total funding past $140m.
Tezign taps corporates in series C2 round
SoftBank China Venture Capital and Hearst Ventures helped supply funding that took the creative services provider’s funding in the past eight months to $100m.
Riva Health raises series A funds
UCHealth contributed to a $15.5m round for the cardiovascular data platform developer that was led by Menlo Ventures.
Zilliqa earmarks $5m for corporate venturing
ZILHive Ventures will invest up to $500,000 in early-stage and mature projects using Zilliqa’s blockchain protocol.
ArcelorMittal assembles clean steel fund
XCarb will is set to proivide $100m in funding for startups each year to support ArcelorMittal’s aim of carbon-neutral steel production.
Night Media plans $20m debut fund
Social media talent manager Night Media’s fund will invest up to $300,000 per company in areas such as consumer-facing products, gaming and the creator economy.
Tokai diversifies into CVC
The newly established Tokai Venture Capital and Incubation unit will focus on the total life concierge concept.
Analysis: Tencent’s IPOs
Overview of three of the largest initial public offerings (IPOs) from 2020 in which the China-based internet company either scored an exit or increased its stake.
Dor opens place at M12
Irad Dor has departed from Eight Roads Ventures after two and a half years to take a partner position at Microsoft subsidiary M12.
Corporate venturing deal net: 15-19 March 2021
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.