Wells Fargo Strategic Capital took part in a $52.5m round for digital mortgage platform developer Maxwell while corporate-backed music distributor UnitedMasters closed a $50m series C.
Month: October 2021
Rent the Runway lands $357m in IPO
Advance Publications and American Express scored exits as the fashion subscription service floated at the top of its range in an upsized offering.
ProLogium progresses to $326m round
SoftBank’s SBCVC unit re-upped its commitment to the SSB developer, after fellow corporate FAW Group participated in a $100m series D round 18 months ago.
Huice hauls in $312m through series D round
SoftBank took part in the smart retail platform developer’s latest round through its Vision Fund 2, SoftBank Ventures Asia having backed its series A and C rounds.
Alchemy manifests $250m in funding
The Samsung, Coinbase and Genies-backed blockchain development platform increased its valuation to $3.5bn in the series C round.
Wego Interventional takes care with series A
Wego’s interventional equipment subsidiary has secured a nine-digit dollar amount from a host of investors including China Construction Bank’s CCB International vehicle.
Exelon to escort diverse founders to $36m fund
The energy group’s Racial Equity Capital Fund will run for the next three years and will supply equity and debt financing for minority-owned businesses.
Corporates support Dragos with $200m
Koch Disruptive Technologies led a series D round valuing the industrial cybersecurity software producer at $1.7bn, investing alongside several other corporate backers.
Swiss Re backs Paytm Insurtech
Digital financial services provider Paytm’s insurance arm Paytm Insurtech is set to sell a minority stake to the Swiss reinsurance firm.
HelpSystems to buy Digital Guardian
MassMutual Ventures and Siemens subsidiary Siemens Financial Services are set to exit the data protection software developer in the deal.
Daily Deal Round Up: October 28, 2021
Cybersecurity software developer Sonrai Security, small business insurance provider Coterie and fashion brand Love, Bonito each raised $50m in corporate-backed rounds.
Fluence flies on to Nasdaq in $868m IPO
AES and Siemens’ energy storage venture, which also counts Qatar Investment Authority as an investor, priced the offering above its range.
Nezha nabs $625m in series D1 round
Qihoo 360 has returned to lead the latest round for Hozon’s electric vehicle subsidiary, closed at a reported $4bn post-money valuation.
Cardurion to capture up to $300m
The Takeda-backed cardiovascular therapeutics developer has agreed up to $300m in fresh funding from Bain Capital Life Sciences and Bain Capital Private Equity.