TDK Ventures and XTX Ventures participated in a sizeable round raised by the advanced computing technology provider Groq at a unicorn valuation. The company is part of the larger artificial intelligence (AI) space, which has seen much and sustained interest by corporates in recent years.
Month: April 2021
Daily Deal Round Up: April 16, 2021
E-commerce platform developer Olist added $23m to a SoftBank-backed round now topping $80m, while Waters Corporation-backed TetraScience closed its series B at $80m.
Sports and gaming in the digital age
Things are heating in Italy’s media landscape as a microcosm of wider changes in the sports and gaming ecosystem.
Cruise increases latest round to $2.75bn
Walmart was among the investors to add $750m to a round valuing the autonomous driving technology provider around the $30bn mark.
TuSimple delivers $1.35bn initial public offering
The CN, Goodyear, Kroger, Mando, Navistar, Nvidia, Sina, Traton, Union Pacific, UPS and US Xpress-backed autonomous truck producer was valued at more than $8.5bn in the IPO.
Polestar attracts $550m
SK Group was among the participants in a round representing the first external funding for Volvo Cars’ electric vehicle spinoff.
Amazon shows Indian ambitions with $250m fund
Amazon Smbhav Venture Fund will back Indian companies developing digitalisation technology for small and medium-sized businesses.
Alkami appears on public markets
The Fidelity-backed digital banking software provider has floated on the Nasdaq Global Select Market in a $180m offering priced above its range.
Signifyd secures $205m in series E round
The FIS-backed round valued the fraud prevention software provider above $1bn and lifted its overall funding to roughly $400m.
Keyfactor turns to PrimeKey for merger
General Motors-backed Keyfactor has agreed to join forces with PrimeKey with $125m in funding to create a comprehensive machine identity management platform.
ZJS Express zooms to $153m series B
The Easyhome, Fosun, GLP, Haier and Tasly-backed logistics services provider has pulled in series B funding that will bolster its supply chain network.
Bridg falls to Cardlytics in $350m acquisition
Visa is among the investors that will exit the marketing data software developer in an acquisition by Cardlytics that follows $13m in funding.
HqO drinks in $60m in series C
Cushman & Wakefield, JLL, DivcoWest and Allegion have all participated in the latest funding round for the landlord communication platform developer.
Samurai Africa Fund II closes with corporate support
All About, Bespoke, Cross Marketing, CyberBuzz, Fan Communications, Giftee, MyNet, PR Times, Septeni, Toyota Tsusho, United, Vega and Voyage are among the LPs in Samurai Incubate’s $18.6m fund.