SoftBank Vision Fund 2 supplied $250m for the banking technology producer at a $1.45bn valuation while Sodexo also invested.
Month: May 2021
SoftBank jumps on Riiid with $175m investment
The investment, by SoftBank Vision Fund 2, pushed the intelligent education technology producer’s total funding to $250m.
Daily Deal Round Up: May 24, 2021
Exor-backed card issuing technology provider Lithic raised $43m while Mitsui Sumitomo Insurance is providing $36m to lead Upstream Security’s series C round.
Oatly floats in $1.43bn offering
Roc Nation scored an exit as the oat milk brand went public having priced its initial public offering at the top of its range.
For-U receives $200m in series E round
Legend Capital helped the freight management platform developer secure $200m shortly after it filed for an initial public offering.
Kanzhun pursues $300m initial public offering
The Tencent and Sunshine Life-backed operator of recruitment platform Boss Zhipin is reportedly seeking $300m from a US flotation.
SmartHR smartens up with $115m series D
Undisclosed investors helped the Digital Garage, Nissen and Tokio Marine & Nichido-backed human resources software provider raise fresh funding at a $1.56bn valuation.
Boeing-backed Aerion Supersonic crashes
Boeing had invested a significant amount in the business jet developer two years ago, but it is shutting having failed to raise new funding.
Snap snatches WaveOptics in $500m deal
Goertek, Robert Bosch and Blippar are exiting the diffractive waveguide producer in a cash-and-share purchase by Snap.
Huisuanzhang hauls in $80m
Undisclosed investors have supplied series D funding for the Sunshine Insurance and Xiaomi-backed bookkeeping and taxation software developer.
Alteryx sticks $50m in corporate venturing fund
The newly established Alteryx Ventures will fund companies developing business-to-business software which can integrate with its parent’s APA platform.
Analysis: Valmont to acquire Prospera
Crop monitoring technology developer Prospera is to be acquired by Valmont Industries in a $300m deal, giving exits to Tekfen Ventures, Cisco Investments and Qualcomm Ventures.
Daily Deal Round Up: May 21, 2021
BioTheryX, Immuta and Pitch are among the companies that have raised fresh capital from corporates such as Intel Capital, Slack Fund, Citi Ventures and Dell Technologies Capital.
Subsector: medical devices & diagnostics
Medical devices and diagnostics has often been regarded as the underloved part of the healthcare venture market compared with biotech and pharma, with relatively few deals and limited exit options.