SoftBank Vision Fund 2 supplied $119m of equity funding for the temporary staffing platform developer alongside nearly $99m in debt financing from BlackRock.
Month: March 2021
Porsche ups Rimac stake to 24%
Porsche has once again bet on Rimac, investing a further $83.2m and increasing its stake in the electric sports car developer to 24%.
Arctic Vision acts to raise over $100m
Tencent and existing investor Nan Fung Life Sciences have helped the ophthalmology drug developer complete its series B round.
Global-E Online focuses on US for IPO
Deutsche Post is in line for an exit from the cross-border e-commerce platform through a prospective $100m initial public offering about a year after investing.
Worawattananon accepts AddVentures role
Prakit Worawattananon has been moved from head of Siam Cement Group’s director of deeptech innovation to become an MD at its AddVentures unit.
Sago to leave SoftBank this month
Chief strategy officer Katsunori Sago joined SoftBank in 2018 and had since helped to expand its investment strategy.
Japanet starts $50m fund
Pegasus Tech Ventures will manage a fund that will help television shopping operator Japanet build Stadium City in Nagasaki.
Northvolt cuts acquisition deal with Cuberg
Boeing HorizonX has exited Cuberg three years after investing in the battery cell technology developer.
B Capital ascends to early-stage investing
The $126m first close of Ascent Fund II comes after BCG-backed B Capital secured $820m for its second growth-stage fund last year.
Nodwin scores fresh funding
Krafton has invested $22.5m in the esports event promoter, which counts Nazara as its majority shareholder.
Paypal picks Curv for acquisition
CommerzBank, Monex Group, Coinbase and Digital Garage are set to exit the digital wallet provider in a Paypal acquisition reportedly sized below $200m.
Cosi soars with Soravia backing
Soravia has backed the short-term apartment provider in a $23.8m round that came 19 months after its $6m seed round.
Haohai hoists up $32m for Eirion
The nanoemulsion delivery system developer raised series A funding from Haohai Biological alongside an $8m payment for the Chinese rights to its products.
Investors funnel $50m into Pipe
The revenue trading platform developer secured $50m in a round co-led by Siemens Next47 and backed by Shopify, Okta, HubSpot and Slack.