The financial services marketplaces have merged to form Raisin DS, which counts Deutsche Bank, Goldman Sachs, Orange Digital Ventures and PayPal Ventures as existing investors.
Month: June 2021
Payzer picks up $23m in series D round
Ferguson Ventures has returned to reinvest in the business management software developer, which has collected nearly $41m in overall funding.
Wellthy sells Hearst on $35m series B
Existing investor Hearst backed healthcare services portal Wellthy in a series B round which pushed its overall funding to about $45m.
9Unicorns gallops to $50m corporate-backed close
Haldiram’s and Parakh Foods have re-upped their commitment to Venture Catalysts’ accelerator’s maiden vehicle alongside new and returning LPs including Puzzolana Group.
MobilityX gets driven to closure
The Toyota Tsusho and SMRT-backed transport booking app developer has shut down three years after it was founded.
Daily Deal Round Up: June 29, 2021
Healthcare planning software developer Hospital IQ secured $25m in a Baxter-led round while augmented reality platform developer Ubiquity6 and infant product retailer Mumzworld have been acquired.
Rising Stars Q&A – Michelle Moon, LG Technology Ventures
Q&A with Michelle Moon, principal, LG Technology Ventures
Gympass fits in $220m at $2.2bn valuation
Existing investor SoftBank was among the investors in a round which more than doubled the corporate fitness and wellness services provider’s valuation.
InnoVid sees to $1.3bn reverse merger
The Cisco and Deutsche Telekom-backed interactive video advertising software provider will acquire an NYSE spot after the deal, valuing it at a $1.3bn pro-forma equity valuation.
Duolingo cues up initial public offering
CapitalG is in line to score an exit from the language learning app developer, which was valued at $2.4bn in its last funding round.
Smart ensures $153m in series D funding
The Legal & General and Link Group-backed pension platform operator secured the primary funding along with a $76m secondary investment.
Inflowmatix slides into Suez Group
Suez Group has paid an undisclosed amount for water flow analytics provider Inflowmatix after investing $3.4m in the company in 2019.
Rapid Micro Biosystems rushes to public markets
The Asahi Kasei and Shenzhen Hepalink-backed microbial detection system provider has amassed over $340m of funding before filing for an initial public offering.
Imago BioSciences initiates IPO process
The cancer drug developer is set to float on the Nasdaq Global Select Market, presenting an opportunity for strategic investors Pharmaron, Celgene, Amgen and Merck & Co to exit.