The Deutsche Telekom and Sonae-backed cybersecurity services provider was valued at $4.3bn in a series F round that took its overall funding to more than $500m.
Month: July 2021
Nimbus Therapeutics nabs $105m in funding
Access Biotechnology helped the small molecule drug developer increase its total funding to over $300m in a round led by BVF Partners.
SoftBank reaches Pantheon with $100m investment
SoftBank’s Vision Fund 2 supplied series E funding for the application management platform developer, valuing it above $1bn.
Adlai Nortye adds $100m in series D round
Tigermed and WuXi Biologics took part in the biopharmaceutical company’s series D round, which will accelerate the development of its immuno-oncology drug candidates.
Mobilion makes a mark with $60m
Existing investor Agilent helped the biomedical analysis technology developer close a series C round that pushed its overall funding past $110m.
ProfoundBio procures over $55m
Lilly Asia Ventures co-led a series A round for ProfoundBio that will help it develop its novel technology and targeted cancer therapeutics.
Corporates help Zeal Capital seal first fund
Truist Ventures and PayPal have co-led the vehicle’s $62.1m final close, which included backing from Foot Locker, Bank of America and Synchrony.
MobileCoin pockets $75m
Binance Labs-backed crypto payment platform developer MobileCoin has now accumulated nearly $125m of total funding and is valued at $1bn.
Daily Deal Round Up: July 13, 2021
Lilith Games helped artificial intelligence software developer Inspir.ai secure $46.3m while Microsoft AI spinoff Xiaoice closed its series A round at a billion-dollar valuation.
Fintech startups’ value rises to $1.1 trillion
Financial technology startups’ value has risen to $1.1 trillion, equivalent to 10% of the value of the global banking and payments industry, and up from 4% in 2018, according to the Economist’s analysis. The focus has been on banking, insurance and payments, it notes. However, the bigger disruption in some ways is the inclusion of venture… Continue reading Fintech startups’ value rises to $1.1 trillion
Rising Stars Q&A – G Radhakrishnan, Micron Ventures
Q&A with Gayathri “G” Radhakrishnan, director of venture capital, Micron AI Fund
MobiKwik to pay visit to public markets
The digital wallet developer’s $255m IPO would allow Cisco, GMO, American Express, Bajaj Finance, MediaTek, Net1 and New Delhi Television to exit.
Lunar lures investors to raise $249m
Tencent has co-led the digital banking app developer’s series D round, which boosted its overall funding to about $370m.
Quantexa executes $153m series D round
HSBC and ABN Amro Ventures helped the data analytics software provider complete a series D round reportedly valuing it at a minimum of $800m.