Argo Blockchain is set to exit cryptocurrency technology developer Pluto Digital in a reverse takeover, as Blockchain Founders Fund gets corporate help for a $75m fund.
Month: January 2022
Steffens agrees to join Thomson Reuters
Tamara Steffens, a GCV Powerlist 2021 award winner at Microsoft’s M12 unit, is reportedly set to help establish a $100m fund for Thomson Reuters.
Trbovic leaves Pfizer for SV Health
Nikola Trbovic had been a GCV Rising Stars Awards winner as principal at Pfizer Ventures, which hired him in 2014.
Karp leaps to Cervin Ventures as partner
Daniel Karp had joined Cisco Investments in 2013 to focus on Israel and Latin America and has now left for Cervin Ventures.
Daily Deal Round Up: January 24, 2022
Razorpay is reportedly eyeing the possibility of acquiring Amex-backed Ezetap while Sayata and Spectrum Labs were among the companies that received corporate backing.
Factorial Energy charges up $200m series D
Mercedes-Benz and Stellantis have backed the solid-state battery developer, having disclosed strategic agreements a month ago.
ImmPact Bio forges ahead with $111m
Bukwang Pharmaceutical and Novartis Venture Fund were among the latest investors in the developer of T-cell therapies for liquid and solid cancers.
Chrysalix adds Artantix as LP
Final close of the Chrysalix RoboValley Fund at nearly $100m.
GS confirms ventures unit in Korea
Heo Jun-nyeong, vice-president at GS Holdings for mergers and acquisitions, is CEO of GS Ventures.
Analysis: Exotec extracts $335m
As the pandemic continues to drive funding for supply chain companies, logistics robotics company Exotec raised a multimillion-dollar round at unicorn valuation.
Daily Deal Round Up: January 21, 2022
SoftBank Vision Fund 2 helped revenue growth technology provider 6sense close a $200m series E round at a $5.2bn valuation, cash used to acquire Gree-backed sales software developer Saleswhale.
Emtek’s Bank Fama bags $70m from corporates
Singtel and Grab have acquired a combined 32.5% stake in the digital banking subsidiary of Emtek, diluting the latter’s to 62.8%.
HugePod prints $40m in funding
The on-demand apparel printing wholesaler received backing from Joyy to expand into the US market.
Investors pour $20m into Flying Embers
Beam Suntory was among the investors in the organic alcohol brand’s series C round, possibly the largest yet in the space.