Sumer Juneja, Lydia Jett, Vikas Parekh and Dennis Chang have all ascended at SoftBank Investment Advisers, which runs the corporate’s Vision Funds.
Month: November 2021
SoftBank backs LTK with $300m
SoftBank Vision Fund 2 supplied funding to the influencer e-commerce platform developer at a $2bn valuation to help accelerate growth and boost international expansion.
Deliverr captures $250m in series E round
GLP helped the e-commerce logistics provider raise series E funding that will support the expansion of its commercial operations and next-day fulfilment service.
NoBroker nets $210m in series E funding
The Digital Garage-backed property listings platform developer’s latest round boosted its total funding to $361m and helped it achieve unicorn status.
Schwarz sets up $700m XM Cyber acquisition
UST Global and Nasdaq are exiting the cybersecurity software developer in an acquisition by Aldi owner Schwartz Group.
Vigil Neuroscience files for IPO
The neurodegenerative disease therapy developer has set a $100m placeholder target for an offering following $140m in funding from investors including Amgen and Pivotal BioVentures.
Workday to buy Vndly for $510m
ServiceNow and Okta Ventures are set to exit the human resources software provider, which has raised at least $57.5m in funding.
Pace accelerates with $40m
Marubeni Ventures and UOB Venture Management both contributed to a series A round for the online buy now, play later service.
Prime Sazze Partners picks corporates for $127m fund
LG and Hana Financial are anchoring the venture capital firm’s sophomore vehicle as it gets set to deploy capital across Asia and North America.
Housenbold falls for Leaf Home
The house renovator has hired GCV Rising Star Jeffrey Housenbold, formerly a founding managing partner at SBIA where he helped oversee the SoftBank Vision Funds.
Miaki makes space for SM² accelerator
The joint initiative formed by digital product provider Miaki, SOSV and SBK will target Bangladesh-based seed-stage tech startups, having already chosen three candidates for a maiden cohort.
Experian executes $320m Gabi acquisition
The purchase of the online insurance comparison service marked an off-ramp for corporate investors Securian, Northwestern Mutual and Cuna Mutual.
Fubon finds $20m for BlueRun Ventures
Fubon Financial Holdings’ insurance subsidiary is investing $20m in return for a 2.4% stake in BlueRun Ventures’ BRV Lotus Fund III.
Daily Deal Round Up: November 22, 2021
Vifor Pharma is snapping up Lundbeck and Baxter-backed vascular drug developer Sanifit for at least $231m while solar project developer SUN Energy closed $25m in funding at a $200m valuation.