SoftBank’s near-$100bn first Vision Fund five years ago was regarded as a seminal moment less for the outcome of its deals than for the changes to the venture business model it wrought.
Month: May 2021
Collective Health clinches $280m
The health benefits software provider pushed its valuation to $1.5bn in a series F round led by Health Care Service Corporation and backed by Sun Life and SoftBank.
Qiniu queues up $100m IPO
The Alibaba and Telstra-backed cloud services provider has filed to float in the United States having raised a reported $445m in the past five years.
Expensify confidentially files to go public
Barracuda Networks could be in line to exit the accountancy software producer, which had disclosed more than $31m in funding through 2015.
Juewei and Qiaqia cook up $170m fund
Juewei Food is providing nearly $100m for the Sichuan Chengdu Xinjin Siyiwu Investment vehicle while fellow snack food brand Qiaqia Food is supplying $9m.
HoneyBook turns page to $155m round
Citi Ventures has returned to help the administrative support marketplace hike its valuation to over $1bn in a series D round led by Durable Capital Partners.
Forge Global forms $150m round
Deutsche Börse and Wells Fargo Strategic Capital both took part in a round sized at over $150m for the private investment marketplace operator.
Solid Power recharges with $130m
The solid-state battery provider pulled in funding through a series B round co-led by potential customers BMW and Ford Motor Company.
Affinia achieves $110m series B close
GV, Mass General Brigham Ventures and existing investor Lonza helped Affinia Therapeutics raise $110m that will fund the progress of its gene therapy candidates.
Mux tucks away $105m in series D
The CAA-backed video streaming technology increased its valuation to $1bn in a Coatue-led series D round.
Inivata inspires $390m acquisition
NeoGenomics has agreed to buy portfolio company Inivata, a liquid biopsy platform developer, a year after it invested $25m.
Madefire fizzles out in insolvency
Framestore Ventures had backed the online comics platform developer’s series B round, before the latter announced its closure last month.
Ant Group’s investment in Wave breaks
Ant Group has reportedly not supplied the $73.5m in funding it pledged for the mobile wallet developer Wave a year ago.
Daily Deal Round Up: May 4, 2021
Solidia Technologies, Kelun Biotech and Doer Biologics all raised more than $70m while Sony added cash to a round valuing Discord at $7bn.