Yandex has agreed to a $1bn deal to wholly acquire the self-driving technology spinoff, jointly formed with Uber, and three other businesses.
Month: September 2021
Offchain blocks in $120m of funding
The Ethereum scaling technology developer raised two rounds this year as it prepares to move its platform out of beta.
Peak decides on $75m series C
SoftBank has thrown its weight behind the business intelligence software producer, which has now raised $119m altogether.
Remitly registers IPO filing
Prosus, Prudential Financial and Visa could exit remittance services provider Remitly when it floats later this year.
Vista Equity Partners drives through Drift deal
The investment firm has taken a majority stake in the sales communication platform developer, which had raised over $100m from investors including HubSpot.
Ally Therapeutics shuts down
Ally had raised $10m in seed funding from investors including UCB but disappointing animal studies led the company to be wound down.
Automattic acquires Frontity
WordPress and Tumblr-owner Automattic has acquired Frontity, a portfolio company and creator of a WordPress site development tool.
ResMed helps Supermoon Capital close $36m fund
The sleep improvement-themed firm’s first fund counts ResMed as an investor, while the latter’s SleepScore Labs subsidiary helps its portfolio companies with product development.
Plaid plays to get Emotion Tech
Customer engagement management technology provider Plaid has become the major shareholder of a portfolio company that runs a similar service.
Femtech unlocks new opportunities for investors eager to dare
Emerging as a niche at the intersection between healthcare and technology, femtech has rapidly grown and gained momentum, becoming a powerful force set to disrupt the healthcare industry.