November 2021 issue editorial by James Mawson, editor in chief, Global Corporate Venturing
Month: November 2021
Daily Deal Round Up: November 16, 2021
Oncology therapy developer Recludix Pharma raised $60m in an Access Biotechnology-backed round while Stripe took part in digital payment technology developer Imprint’s $38m series A.
Stori weaves $200m series C round
BAI returned to take part in a round for the neobank consisting of $125m in equity funding and $75m in debt financing.
Rue Gilt Groupe files for initial public offering
The online luxury retailer, which counts Simon Property Group as an investor, is looking to float on Nasdaq.
Mensa immerses itself in $135m series B
Prosus Ventures took part in the D2C brand acquirer’s third round this year, valuing it at above $1bn and boosting its overall equity and debt financing to over $300m.
ThoughtSpot finds $100m in series F round
Capital One Ventures and Snowflake Ventures backed the data analytics software developer in a round that more than doubled its valuation to $4.2bn.
Gett hails reverse merger deal
The Volkswagen and Access Industries-backed ride-hailing service joined forces with Rosecliff Acquisition Corp I in a deal valuing the combined company at $1bn.
Kodiak Robotics drives to $125m series B
BMW and Bridgestone-backed autonomous truck technology developer increased its overall funding to $165m in its latest round.
Density packs in $125m
The Lincoln Property Company-backed crowd measurement software developer secured series D funding valuing it at just over $1bn.
Level Home smartens up with $100m
Walmart and Cox Communication invested in the smart home technology developer’s series C round, increasing its total funding to $171m.
Presto presents $1bn reverse merger
The Intel and Recruit-backed hospitality technology developer is set to gain a Nasdaq listing through the transaction.
Circle rounds up corporate venturing fund
The digital payment platform developer’s newly formed Circle Ventures unit has begun investing in early-stage blockchain-enabled companies.
Olympus to host $50m corporate venturing fund
Olympus Innovation Ventures will provide funding for early and growth-stage medical technology developers.
ClearTax queues up $75m series C round
Stripe has backed the accounting software provider’s latest round, first reported last month, which pushed its total funding to $140m.