SAP.io took part in email software provider Sedna’s $34m series B round while Byju’s picked up BCC-backed learning app developer Toppr in a deal reportedly sized at about $150m.
Month: July 2021
Rising Stars Q&A – Steve Deutsch, MSVC
Q&A with Steve Deutsch, investment principal, Motorola Solutions Venture Capital
The biggest change for VCs
A week ago, US-based stock exchange Nasdaq said it would separate its existing marketplace for private company shares into a new unit.
Solarisbank captures $224m at $1.6bn valuation
BBVA helped the banking software provider raise series D funding that supported its acquisition of digital banking services provider Contis.
Nium nets $200m in series D round
Visa invested in the digital payment platform developer at a valuation above $1bn, taking its overall funding to almost $300m.
Zilch fills series B up to $190m
Daily Mail and General Trust’s DMG Ventures unit was among the investors in the BNPL service provider’s $110m series B extension, which came after an $80m first close three months ago.
PropertyGuru to build $1.35bn reverse merger
The REA Group-backed real estate marketplace is set to carry out a reverse takeover at a $1.35bn valuation almost two years after it withdrew its attempt to float in Australia.
Outbrain counts up $160m in IPO
The Gruner + Jahr and Susquehanna International Group-backed content recommendation engine developer floated below its range but is slightly up from its IPO price.
ShareChat shoots to $145m
Mirae Asset-Naver Asia Growth Fund was among the investors as the social media and short-form video app developer expanded on a $502m round featuring Tencent and Snap.
Vestwell executes $70m series C
Manulife, Nationwide, Allianz and Northwestern Mutual all took part in the enterprise savings software provider’s latest round, which was co-led by Wells Fargo Strategic Capital.
Embark passes series B test with $75m
Dog DNA test developer Embark Veterinary raised the capital in a round led by SoftBank Vision Fund 2 at a $700m post-money valuation.
Huang and Zeb to hang at GV
The Alphabet unit hired two partners for its enterprise and fintech team, three months after bringing Dan Lynch and EIR Mojca Skoberne on board.
Siahaan slides into TMI role
Marlin Siahaan has taken up the CEO role at Telkomsel’s corporate venturing unit and will help it raise a sophomore fund that will increase its investment scope.
Otsuka sets up health and wellness fund
The heath and nutrition product manufacturer’s Otsuka Nutraceutical Emerging Ventures vehicle will target early-stage investments in North America.