SoftBank has led the ERP software provider’s pre-IPO round, with proceeds to be used for customer base expansion, recruitment, strategic acquisitions and product diversification.
Month: August 2021
Koch backs Upgrade in $105m series E
Online credit banking service Upgrade has raised series E funding with the help of Koch Industries, reaching a valuation exceeding $3.3bn.
AppWorks reaches $150m close for Fund III
Hongtai Group, Phison Electronics, Taiwan Mobile, Wistron, Cathay Life, Fubon Life and TransGlobe Life all chipped into the accelerator and venture firm’s latest vehicle.
Unity to unite with Parsec in $320m acquisition
Video game development app provider Unity has agreed to buy the remote desktop platform developer in a deal enabling HP to exit.
Cart.com drives through $98m series B round
PayPal Ventures participated in the e-commerce services and software provider’s third funding round, less than a year after it was founded.
Daily Deal Round Up: August 12, 2021
SoftBank Ventures Asia led ERP software provider Mabang’s $46.3m series B round while Mainport Innovation Fund exited electrification technology developer ViriCiti.
Powerlist Q&A – Martin Tschopp, Prosus Ventures
Q&A with Martin Tschopp, CEO, Prosus Ventures (formerly Naspers Ventures)
Eruditus graduates to $650m round
The executive education provider’s latest round was co-led by SoftBank Vision Fund 2, while Bertelsmann was among the sellers in a secondary investment portion.
XtalPi executes $400m series D round
Sino Biopharmaceutical was among the participants in a round valuing the drug development technology provider at over $2bn.
VerSe undertakes $450m series I round
The corporate-backed operator of multilingual news portal Dailyhunt and short video app Josh secured its latest funding in a round that valued it at almost $3bn.
Hanwha Systems to hand $300m to OneWeb
The Hanwha subsidiary is set to take an 8.8% stake in the satellite connectivity provider, helping increase its funding to $2.7bn since it was salvaged from bankruptcy last year.
Dream Sports blows whistle on $250m fund
Dream Capital is equipped with $250m from daily fantasy sports provider Dream Sports and will invest in sports, fitness and gaming technology.
LaunchDarkly gets $200m boost at $3bn valuation
Bloomberg backed the coding platform provider’s series D round, which will be used for platform development, global expansion and hiring.
Tulip nabs $100m in series C round
DMG Mori backed the no-code platform developer’s series C round, which will boost its international growth and accelerate the development of new product features.