Healthcare services provider Wider Circle raised $38m in an AmeriHealth Caritas-led round while data management software producer Tonic.ai closed a $35m Bloomberg Beta-backed series B.
Month: September 2021
Powerlist Q&A – Stefan Gabriel, Hitachi Ventures
Q&A with Stefan Gabriel, managing director and CEO, Hitachi Ventures
Warby Parker wraps up direct listing
The American Express-backed eyewear retailer’s market capitalisation exceeded $6.1bn in the wake of its direct listing on the New York Stock Exchange.
Corporates join $570m Meesho round
Online reselling platform developer Meesho enlisted Facebook, SoftBank Vision Fund 2 and Prosus Ventures for a round that valued it at $4.9bn.
Perfect Day enjoys $350m
The Continental Grain-backed animal-free dairy protein producer’s latest round valued it at $1.5bn and lifted its overall funding to $750m.
Aulton achieves $232m series B
The Nio Capital and SB Energy-backed EV battery exchange platform’s latest round was co-led by Sinopec Capital’s Enze Fund and brought its valuation to over $1bn.
Andela drafts SoftBank for $200m series E
Software developer-focused recruitment firm Andela was valued at $1.5bn in a series E round led by Softbank Vision Fund 2.
Betterment bags $160m in series F round
Citi and Aflac have contributed to a series F debt and equity round for the digital investment adviser which is now valued at almost $1.3bn.
Energize Ventures invigorates itself with $330m
Schneider Electric and General Electric have returned to back the Invenergy-sponsored venture firm’s second vehicle, alongside LPs including American Electric Power, Equinor and Xcel Energy.
Vedantu makes grade to raise $100m
The TAL Education-backed online tutoring platform developer achieved unicorn status with a round hiking its overall funding to about $295m.
Expansion Therapeutics executes $80m series B
Sanofi Ventures and Novartis Venture Fund have returned to back small molecule drug developer Expansion Therapeutics’ series B round.
Wayspring rebrands with $75m round
Addiction management services provider Wayspring boosted its overall funding to about $100m in a round featuring Centene, Caresource and existing investor Blue Venture Fund.
Nishar to wind up SoftBank duties
Deep Nishar, formerly an Americas-focused senior managing partner at SoftBank’s Investment Advisers subsidiary, has announced his plans to leave the parent firm at the end of this year.
Giga soars to ClearSky role
The venture firm hired new director Asif Giga, who has worked at corporate VC units Ericsson Ventures, Experian Ventures and Singtel Innov8 Ventures.