March 2021 – Page 28

Cedar grows with $200m series D

The Kaiser Permanente-backed healthcare engagement platform developer pushed its overall funding past $350m and its valuation to $3.2bn.

Nydig mines insurers in $200m round

MassMutual and New York Life are among the investors that co-led a $200m funding round for the Bitcoin-focused technology and services provider.

AstraZeneca straps in for $338m China fund

The pharmaceutical firm is joining forces with China International Capital Corporation, the investment bank with which it launched a $1bn fund in 2019.

Tuya tools up for $100m IPO

The Tencent-backed internet-of-things platform developer has chosen the New York Stock Exchange for its initial public offering.

Planted harvests series A funding

The vegetarian food brand has closed an $18.3m round co-led by Vorwerk Ventures and backed by fellow corporate investor Gaydoul Group.

Tidal rides acquisition wave to Square

Square will purchase a majority stake in music streaming platform Tidal for $297m, four years after SoftBank subsidiary Sprint paid $200m for a 33% stake.

Snapcommerce snags $85m

Telstra Ventures returned to help the mobile commerce platform developer close a round co-led by Inovia Capital and Lion Capital.

Identiq pinpoints investors for $47m series A

Amdocs and Sony Innovation Fund by IGV participated in a round that will fund the growth of the identity verification service’s network.

Standigm stacks up pre-IPO funding

Kakao Ventures and SK Holdings have returned to back the AI and data-infused drug discovery technology provider in a $44.5m round.

MainStreet moves to $60m series A

Google vehicle Gradient Ventures returned to reinvest in the tax reclamation services provider through its series A round.

SEE Fund receives corporate backing

ByteDance and Ant Group helped the venture fund, managed by DeePhi founder Yao Song, reach a $30.9m close.

Coke’s Bill Ford joins ICV

Bill Ford becomes the third managing director of portfolio operations group at ICV after three years as Coca-Cola’s director of venturing and portfolio management.

Bolt hits IFC for funding

The Didi Chuxing and Daimler-backed on-demand ride provider has pulled in $23.8m from IFC, three months after raising money at a valuation topping $4bn.

Choose To Challenge

The theme for this year’s International Women’s Day today is “Choose To Challenge”.