USAA has made an anchor commitment to the military graduate investment network’s first fund, which is targeting $50m for its final close.
Month: June 2021
Daily Deal Round Up: June 21, 2021
Tencent, Credit Saison and JG Summit have all contributed to a $16m round for GrowSari while Greenvolt is set to acquire up to 29% of solar system installer Perfecta Energía.
JP Morgan Chase nabs Nutmeg for $980m
Fubon Financial Holdings, Goldman Sachs and Schroders are set to exit Nutmeg, which will boost JP Morgan Chase’s digital wealth management business.
Enough tops up funding with series B
Nutreco co-led a $49.8m round for the mycoprotein ingredient developer and University of Strathclyde spinout that included Axa.
Cyteir captures $133m in initial public offering
Novo and Celgene will retain shares in the cancer therapy developer, which floated at the upper end of its range and which now has a $600m market cap.
Xiaomi zips to Zhuan Zhuan in $100m round
58.com’s online marketplace spinoff secured $100m in a Xiaomi-led series D1 round having already received earlier funding from Tencent.
Ambrx accesses $126m through IPO
The antibody-based drug developer, which counts WuXi AppTec, Fosun, Sinopharm and Humanwell as investors, has floated in a $126m offering.
Nylas inputs $120m in series C
Slack Fund and Citi Ventures have reinvested in the communications software developer through a round that lifted its overall funding to $175m.
Fractyl finds $100m for series F
Yahoo Japan and Alphabet-backed Fractyl aims to make one of its proposed products a cornerstone therapy for type 2 diabetes, and has now raised about $270m in total.
Rakuten backs Robin.io in $38m series C
The application management platform developer boosted its overall funding to $86m in a round led by Rakuten Capital.
Introhive buzzes with $100m series C
The Salesforce and Plante Moran-backed customer management software producer plans to make strategic acquisitions with the series C proceeds.
Dydx determines $65m series C close
Several companies operating in the digital asset and cryptocurrency markets have invested in a series C round for the decentralised exchange platform operator.
Analysis: Northvolt gets $2.75bn recharge
Lithium-ion battery provider Northvold has obtained its latest financing via a private placement co-led by Volkswagen and also backed by Scania.
Daily Deal Round Up: June 18, 2021
Behavioural health platform developer Brightline captured $72m in a round led by GV, while Gopuff is set to buy Siemens and ST-backed mobility software producer RideOS.