Reddit and Coil have exited Imgur, which has been bought by digital media holding group MediaLab for an undisclosed sum.
Month: September 2021
Capital Float tops up with $50m
The Amazon-backed buy now, pay later service has raised more capital to meet a rising demand for its services.
Astera Labs downloads $50m series C
Intel Capital participated in the fabless semiconductor manufacturer’s latest round, in which its valuation rose to $950m.
Winzo wins $20m for third fund
The social gaming portal operator’s latest vehicle will back game developers, similarly to its fully deployed $1.5m and $5m predecessors.
Forge Ventures closes debut fund
The firm has signed up Facebook, Airbnb, Carousell, Grab and Stripe for a first fund which has reached a $21.9m close.
Mfine embraces $48m in series C funding
SBI Group topped up its investment in the digital healthcare platform developer as it looks to create one of the largest virtual hospitals in the world.
Daily Deal Round Up: September 28, 2021
Trustbridge Partners supplied $40m for Fosun-backed online fashion retailer Senser, and Fosun has also exited online healthcare portal Xiaolu.
Rising Stars Q&A – Andrew Casey, Vanguard
Q&A with Andrew Casey, corporate development deal lead, Vanguard Strategic Business Development
Polestar attracts partner for $20bn reverse merger
Volvo Cars and Geely’s electric car spinoff is set to secure a Nasdaq Capital Market listing by joining forces with Gores Guggenheim.
Robert Bosch assembles $155m Chinese unit
The newly formed Boyuan Capital will make deep technology investments in China for Robert Bosch Venture Capital and has enrolled Wuxi Weifu High-Technology as a backer.
Mech-Mind Robotics mobilises $155m
Meituan co-led the Intel Capital-backed industrial robotics technology provider’s series C round, which closed five months after a tranche of undisclosed size.
Woodman bids farewell to Takeda Ventures
Rob Woodman, formerly a senior partner at Takeda’s CVC unit and head of its Genesis Labs incubator, will lead venture firm Panakès Partners’ biotech investment activities.
Elligo Health gets endowed with $135m
Syneos Health and Cerner have reinvested in the healthcare research organisation, which has just closed its series E round.
Delhivery gets $125m package
FedEx and SoftBank-backed logistics service provider Delhivery is poised to launch its public listing with new equity funding from Addition.