The first close of the fund, a subsidiary of cigarette packaging manufacturer Huaxi Holding, included new and existing limited partners.
Month: June 2021
Kushki cashes in with $86m series B
SoftBank Latin America Fund helped the payment processing technology provider achieve a $600m valuation in its latest funding round.
Daily Deal Round Up: June 2, 2021
SoftBank contributed to a $65m round for fresh produce marketplace Frubana while KDDI invested in food ordering service Menu at a $228m valuation.
Bond issuance sees a record $1.7trn in 2020
Bond issuance by investment-grade-rated American companies jumped to a record $1.7trn in 2020, up from $1.1trn in 2019, according to S&P Global Market Intelligence, a research outfit.
Bought By Many covers series D with $350m
Munich Re Ventures returned for a round valuing the digital pet insurer at $2bn pre-money, pushing its overall funding past the $480m mark.
Prosus helps Urban Company close series F round
Prosus Ventures co-led a $255m primary and secondary round for the home service booking platform, which is planning to go public in the next year or two.
Katerra calls it quits
The integrated construction services provider is reportedly closing after raising $2bn from investors including SoftBank, Foxconn and Divco West.
Flash Group hurries to $148m in new funding
Chanwanich Security Printing, Durbell, eWTP Capital, Krungsri Finnovate, PTTOR and SCB10X were among the investors in the logistics provider’s series D-plus and E rounds.
Exabeam elicits $200m in series F funding
The Cisco-backed cybersecurity software producer was valued at $2.4bn in its latest round, which boosted its overall funding to over $390m.
AiHuiShou breathes new life with IPO plans
The electronics parts recycling service also known as AtRenew has filed to list in a US offering that would enable strategic partner JD.com and its JD Logistics unit to exit.
Century Therapeutics submits IPO filing
Bayer and Fujifilm could exit the oncology therapy developer through an initial public offering with a $100m placeholder target.
Wejo to drive through $800m reverse merger
General Motors and Palantir will support a $100m PIPE deal in connection with a reverse takeover for the vehicular data platform developer.
Green Hydrogen Systems greenlights IPO
AP Moller and Norlys could exit the hydrogen production technology developer in a Nasdaq Copenhagen offering expected to raise $164m.
MPower Partners Fund launches with corporate backing
Sompo Holdings, Dai-ichi Life and Sumitomo Mitsui Trust Holdings have all backed MPower Partners’ inaugural vehicle, which has a $150m target.