Insurance provider Assurant’s corporate venturing unit has had three portfolio companies enter reverse merger deals since the start of March.
Month: April 2021
Alchemy turns interest into $80m
Coinbase and Genies both participated in a series B round that pushed the blockchain infrasructure provider’s valuation past $500m.
Pfizer finds cash for Amplyx acquisition
Fungal infection treatment developer Amplyx Pharmaceuticals had disclosed $142m in funding from investors including Pfizer and Lundbeckfonden Ventures.
Daily Deal Round Up: April 28, 2021
Applied Ventures helped assay provider Ultivue close a $50m round while clean energy producer Sunseap has followed a $72m series D4 round with more corporate funding.
Food and agtech investor roundtable
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Zomato sums up $1.1bn IPO plans
The food ordering app developer’s largest shareholder, Info Edge, is set to sell $100m of shares in the proposed dual offering.
Eutelsat puts $550m into OneWeb
The satellite operator is set to acquire approximately 24% of satellite internet constellation developer OneWeb, which already has several corporate backers.
Tuya teams with Hillhouse for $400m fund
The internet-of-things provider will back companies in similar sectors through the vehicle, launched in partnership with Hillhouse Capital.
Greenlight waves in Wells Fargo to raise $260m
Wells Fargo Strategic Capital was among the investors in a series D round valuing the child-focused banking platform developer at $2.3bn.
Current flows with $220m series D round
The CMFG Ventures-backed challenger bank’s latest round valued it at $2.2bn and pushed its total funding past $400m.
Exscientia checks off $225m series D
The artificial intelligence drug developer has closed a $225m round led by SoftBank Vision Fund 2, which has offered a further $300m in funding.
Dentsu dedicates capital to second fund
The marketing group’s $92.2m vehicle is set to operate for 10 years and strengthen its presence in the Japanese startup ecosystem.
Koch assists Automox in $110m series C
Koch Disruptive Technologies returned to reinvest in the endpoint cybersecurity software provider, helping boost its overall funding to more than $152m.
Lynch and Skoberne enlist in GV
Alphabet early-stage investment unit GV has added two biotechnology professionals, Dan Lynch and Mojca Skoberne, to its team.