The chipmaker’s Snapdragon Metaverse Fund will provide equity financing and grants for metaverse and extended reality technology startups.
Month: March 2022
Leverage Edu lets in $22m
Vicco, Mankind Pharma and Bennett Coleman and Co contributed to the study support service’s latest round at a $120m valuation.
ForAllSecure locks in $21m
The cybersecurity testing software producer’s series B round was co-led by Koch Disruptive Technologies and pushed its overall funding to approximately $36m.
Daily Deal Round Up: March 22, 2022
Digital asset exchange Zipmex increased its corporate-backed series B round to over $51m while Digital Garage-backed 1plusX in a $150m acquisition.
Ramp climbs to $750m round
The expense management platform developer more than doubled its valuation to $8.1bn in a Stripe-backed round consisting of $200m in equity funding and $550m in debt financing.
Shift organises Fair deal
End-to-end automotive e-commerce marketplace Fair is set to be acquired by peer Shift in a deal part financed by SoftBank, an investor in both companies.
CommerceIQ powers to $115m series D
SoftBank Vision Fund 2 led the e-commerce automation software developer’s latest round, helping it reach unicorn status and lift its total funding to almost $200m.
Glia collects $45m in series D funding
RingCentral Ventures participated in the retail customer experience platform’s latest round at a unicorn valuation, bringing its total funding to $152m.
Oakbrook locates JP Morgan to raise $185m
The consumer lending platform developer raked in nine figures through a round backed by strategic partner JP Morgan.
Sayurbox receives $120m series C delivery
The on-demand grocery provider secured funding from Astra International and Syngenta as it looks to grow geographically.
Daily Deal Round Up: March 21, 2022
Multiple corporates helped call centre software producer Cresta raise $80m at a $1.6bn valuation while agricultural intelligence provider Apollo secured $40m in a round led by Softbank Vision Fund 2.
GM buys SoftBank’s Cruise stake for $2.1bn
General Motors agreed to buy out SoftBank and invest a further $1.35bn in the autonomous vehicle developer, which it spun off four years ago.
Nio Capital drives to $400m second vehicle
The venture firm co-founded by the eponymous EV maker, closed its latest fund with commitments from new and returning LPs including undisclosed insurance providers.
Stellantis launches venture unit with $331m
The car producer will invest in everything from autonomous driving to non-fungible tokens through the newly launched Stellantis Ventures.