The digital asset technology provider boosted its valuation to over $2bn in a round co-led by Siam Commercial Bank’s SCB 10X vehicle.
Month: July 2021
Wiliot wins $200m in series C funding
SoftBank Vision Fund 2 led a round for the IoT tagging technology developer that was backed by several other corporate investors.
Onto collects $175m in series B round
Legal & General, Achmea and TotalEnergies helped the electric vehicle rental service take its overall funding to $245m.
Landis houses $165m in series A funding
Roc Nation’s Arrive unit participated in a debt and equity round that boosted the home rental-to-mortgage service provider’s total financing to $182m.
ANZ spins off its innovation unit
ANZi has been renamed 1835i Group and will operate as an independent company with sole funding from banking parent ANZ.
NGIF closes debut fund
Canadian Gas Association’s NGIF Cleantech Ventures has secured almost $40m for the second close of a fund backed by several corporates.
MUFG starts $185m second fund
Mitsubishi UFJ Financial Group’s MUFG Innovation Partners unit has followed its 2019 debut fund by putting the same amount into a second vehicle.
Herbst leaves Nvidia to set up GFT Ventures
Jeff Herbst has departed from his role heading Nvidia GPU Ventures to join Samsung Ventures alumnus Jay Eum at the recently formed GFT Ventures.
Nobell tastes $75m in series B round
AgFunder was anong the investors that helped the plant-derived cheese product developer formerly known as Alpine Roads take its total funding past $100m.
Audax acquires majority stake in Flashpoint
Audax Private Equity has become the Bloomberg and Cisco-backed threat intelligence software provider’s majority shareholder.
RxCelerate explores corporate venturing
The newly formed RxCapital has made its first investment, in metabolic and cardiovascular disease drug developer Rivus Pharmaceuticals’ $35m series A round.
Jahn rejoins Gabriel at Hitachi
Tobias Jahn has left his managing director position at BMW i Ventures to take on a partner role at Hitachi Ventures.
Choudhry leaves Cigna Ventures for startup
Craig Cimini will be the remaining managing director at health insurer Cigna’s corporate venture capital subsidiary.
Kufner nets Nemetschek role
Construction design software producer Nemetschek has hired Tanja Kufner to be its focal point for innovation.