Axel Springer co-led a series B round for the online publishing platform developer as its valuation hits a reported $390m.
Month: October 2021
Safie seals public listing
Canon, Kansai Electric Power, Mitsui Fudosan, NEC, NTT Docomo, So-net and T-Gaia were among the investors that scored exits as the CCTV system provider went public.
Fubon Life fuels Tiger Global with $65m
The insurance subsidiary of financial services provider Fubon has acquired a 0.65% stake in Tiger Global’s XV fund after a similar deal for its IV vehicle earlier this year.
PTTOR organises corporate venturing unit
Orzon Ventures will receive $25m in initial capital from PTTOR, which has partnered 500 Global to seek out deals in the Thai and Southeast Asian venture ecosystems.
Daily Deal Round Up: October 5, 2021
SoftBank’s SB Opportunity Fund took part in international staffing services provider Ontop’s $20m series A round while Emtek bcame digital payment processor Nium’s latest corporate shareholder.
Rising Stars Q&A – Maxwell Swicegood & Min Park, WFSC
Q&A with Maxwell Swicegood, vice-president, and Min Park, director, Wells Fargo Strategic Capital
Byju’s befriends investors to raise $300m
IIFL has returned to invest in the Tencent, BCC and Naspers-backed online learning platform, which is now valued at $18bn and potentially on its way to a $21bn valuation.
Xilio Therapeutics targets Nasdaq listing
The immuno-oncology drug developer’s prospective initial public offering would mark exits for Takeda, Merck Group, Ipsen and Merck & Co.
Rent the Runway reveals IPO filing
The fashion rental service has officially filed to go public having raised over $500m from investors including Advance Publications and American Express.
Ajaib goes long on $153m series B
SoftBank Ventures Asia returned to once again back the online investment platform developer, which achieved unicorn status with its latest round.
LianBio seeks public markets link
The diversified therapeutics developer has filed to go public in the United States a year after Pfizer contributed to its $310m series A round.
Ula orders up $87m in series B
Tencent and Prosus Ventures were among the investors leading the small business wholesaler’s latest round, bringing its total funding to almost $120m.
PacketFabric picks up RStor
The data storage software provider has been bought by PacketFabric for an undisclosed amount, three years after a Cisco-led series A round.
Stable stacks up series A funding
Continental Grain, Syngenta and Ascot contributed to a $46.5m round which will support hiring and geographical growth for the commodities insurance provider.