The second fund for venture capital firm SMDV could reportedly be capitalised completely from the balance sheet of conglomerate Sinar Mas.
Month: December 2021
Hometap hones $60m round
Hometap’s home equity finance model – part of a wave of digitisation in the property finance space – has been validated again by an American Family-led round.
Zomato lifts CureFit to $145m round
Zomato led a round valuing the online fitness and wellness services portal at $1.4bn as the digital fitness sector continues to grow.
Daily Deal Round Up: December 6, 2021
Salesforce Ventures helped supply $62m for business intelligence software developer Klue while GS Retail invested $55m in mobility services provider Kakao Mobility.
SenseTime sets $767m target for IPO
Corporate-backed artificial intelligence technology developer SenseTime has set terms for an offering which could illustrate where China’s troubled public markets space currently lies.
Arm eyeing IPO amid Nvidia deal uncertainty
The semiconductor tech company is considering going back on the stock market as its $40bn deal with Nvidia is facing a grim prognosis.
Jokr plays series B card to raise $260m
HV Capital was among the investors in a series B round making Jokr the latest on-demand grocery provider to hit a unicorn valuation.
Analysis: Eswin computes $392m
The semiconductor producer completed a nine-figure series C round from investors including SAIC Motor. This is a deal from the semiconductor and chips space, which does not normally see many corporate-backed deals but our data suggest valuations are currently experiencing upward pressure.
Global Venturing collaborates with data provider Pitchbook
Global Corporate Venturing, Global University Venturing and Global Impact Venturing are delighted to collaborate with Morningstar’s data provider subsidiary Pitchbook to improve understanding of the broader changes in the private capital markets.
Interview: TDK Ventures acts on Actnano deal
Nicolas Sauvage and Andrew Maywah spoke to GCV about the strategic importance of Actnano, its 20th portfolio company.
Daily Deal Round Up: December 3, 2021
SoftBank’s Latin America Fund helped prayer app developer Glorify raise $40m at a $250m valuation while decentralised derivatives network Hxro Network secured $34m in a round featuring several corporates.
Selina seals reverse merger deal
The Access Industries and Grupo Wiese-backed workspace and short-term accommodation service is merging with BOA Acquisition Corp in a reverse takeover at a valuation of about $1.2bn.
Essentium shines with $974m reverse merger
The BASF and Materialise-backed 3D printing equipment and services provider is set to get a Nasdaq listing through the transaction.
Panther Labs roars to $120m series B
Snowflake Ventures was among the participants in a round valuing the security analytics software provider at $1.4bn.