Lukka, a US-based producer of crypto asset software, has raised $53m in its series D round just three months after closing its C round led by financial services provider State Street. Participants in the latest round include hedge fund Soros Fund Management, index provider S&P Global, and CPA.com, a subsidiary of the American Institute of… Continue reading State Street finds road to Lukka
Month: March 2021
Synaptic Medical finds G round
Synaptic Medical, a China-based cardiac electrophysiology company, has raised nearly $60m in its series G round from a consortium including technology company Susquehanna International Group (SIG). Huagai Capital led the round, which also included Bio Venture Capital as reported by 36Kr. Haoyue Capital is financial adviser.
Ikea maps way to What3words
Ingka Group, the owner of most Ikea furniture stores, has invested £12m ($16m) in What3words, a UK-based geolocation technology developer. What3words gives every square is given a unique three-word name to create a global address system. Ingka Group’s investment arm Ingka Investments in a statement said: “Unlike a regular street address, which points to a… Continue reading Ikea maps way to What3words
NeuroPace files for flotation
NeuroPace to raise $75m on Nasdaq.
Slack’s Lattice raises $60m
Lattice, a US-based employee management platform developer backed by enterprise communications software provider Slack, has raised $60m in its series E round led by hedge fund Tiger Global. VC firms Thrive Capital, Shasta Ventures, Founders Fund, Frontline Ventures, Fuel Capital and Khosla Ventures, and several angel investors, joined the round. The new investment brings Lattice’s… Continue reading Slack’s Lattice raises $60m
Ikea shops for Matsmart
Matsmart, a Sweden-based discount food e-commerce platform, has raised SKr350m ($41m) from a consortium of local investors including retailer Ikea’s corporate venturing unit. Alongside Ingka Group in the round, led by SEB Private Equity and Gullspång Re: food Invest, were existing shareholders Northzone, Norrsken VC, Novax and LeadX Capital. The funding will be used for international expansion of its food recycling service.… Continue reading Ikea shops for Matsmart
Amazon leads C round in MyGlamm
US-listed online retailer Amazon has made its first corporate venturing deal in an India-based consumer company through an investment in direct-to-consumer beauty brand MyGlamm. Amazon alongside local tech company Wipro and venture capital firm Ascent Capital led the 175 crore rupees ($24.1m) series C round in MyGlamm, which reportedly values the company at more than… Continue reading Amazon leads C round in MyGlamm
Rising Stars Q&A – Cristina Moyano, Amadeus Ventures
Q&A with Cristina Moyano de Navascués, investment manager, Amadeus Ventures
Sequoia China joins Dragonfly Fund II
Sequoia China joins the $225m venture fund as a strategic limited partner (LP).
Investors bet on Byju’s series F with $457m
The BCC, Naspers and Tencent-backed educational services provider secured the funding in a tranche of its series F round, valuing it at over $13bn.
Cazoo blows its way to $7bn reverse takeover
Post-acquisition, the DMGT-backed online vehicle marketplace’s valuation will be nearly three times that of its last funding round five months ago.
Lilium lands on $3.3bn reverse merger
The Tencent-backed vertical take-off and landing jet developer is joining forces with the Nasdaq-listed Qell Acquisition Corp.
LiveKindly Collective corrals $335m
Rabo Corporate Investments helped the vegan media and food provider boost its Griffith Foods-backed round by $200m and take its overall funding to $535m.
Cityblock collects $192m in series C extension
The Echo Health Ventures, Alphabet and EmblemHealth-backed care provider has secured about $500m in total, with the completion of a series C extension round.