Mastercard and PayPal-backed fintech developer Pine Labs has collected $285m in primary and secondary financing.
Month: May 2021
Animoca Brands acquires $1bn valuation
Huobi has joined a consortium of investors in a $88.9m funding round for the blockchain videogame developer.
Vera unveils IPO pricing
The Merck and Alphabet-backed immunological disease treatment developer floated its shares below its initial price range in an IPO in the US.
Corporates update Upsie with new funding
The online warranty provider has attracted at least $24.9m of total funding after receiving investment from CSAA Insurance and Samsung.
Cedar nurtures $425m Ooda Health acquisition
Several Blue Cross Blue Shield companies, Dignity Health and Hill Physicians are in line to exit the healthcare administration software provider through a deal with Cedar.
Analysis: Mid-May multimillions
May was a busy time for exits; GCV reported various multimillion and multibillion deals across sectors.
Analysis: A week of big exits
We provide a brief overview of some of the notable exit transactions reported last week. They highlight a broader upward trend in exit transactions for corporate investors, which we have been tracking for some time now.
Pi Labs lands Embassy Group commitment
Embassy Group seeks to leverage Pi Labs’ network in the property technology sector following an investment in VC firm’s third fund.
Sorabito constructs fresh funding
DG Daiwa Ventures has led a $6.4m round for the construction equipment rental platform, featuring returning investor GMO VenturePartners and new backers including Saison Ventures.
Media disruption continues through the pandemic
Sector report: Media
Daily Deal Round Up: May 14, 2021
Kyocera, Mitsui Fudosan and Japan Post hepled satellite technology developer Axelspace complete its series C round while PayPal is buying portfolio company Happy Returns.
Cue Health cops $235m
Koch Industries and Johnson & Johnson have invested in Cue Health as it aims to bring its portable diagnostic testing devices into the home and workplace.
Masterclass amasses $225m in series F funding
The Bloomberg Beta, WME Ventures and Novel TMT-backed video education provider more than tripled its valuation to $2.75bn in the round.
Arqit arranges $1bn reverse merger
Virgin Orbit and Sumitomo Corporation are participating in a $70m PIPE financing to support a reverse takeover for the quantum encryption technology developer.