Several corporate venture investors participated in a round which took the crypto IoT network developer’s valuation to $1.2bn. The round and the company are part of the larger crypto tech space, which has been attracting much interest and capital in most recent times.
Month: April 2022
Daily Deal Round Up: April 14, 2022
BMW and Ralph Lauren contributed to an $85m round for sustainable materials provider Natural Fiber Welding while Credit Saison invested $80m in virtual credit card service Julo.
Gaojing gathers $251m in series A funding
Aiko Solar and Midea Capital were among the participants in a round which will support ongoing construction of Gaojing’s solar wafer production facility.
Hinova implements $166m IPO
Tigermed, Fosun, Haisco and Sinopharm-CICC all scored exits as the oncology and metabolic disorder therapeutics went public in China.
OSF Digital uploads $100m
Salesforce Ventures returned for a series C round which will support an ongoing acquisition spree for the digital transformation services provider.
Robert Bosch fires off Five acquisition
Direct Line and Sistema are exiting Five, a developer of self-driving software testing technology, in a deal intended to give Robert Bosch an end-to-end autonomous driving technology offering.
Snap’s Yellow Accelerator unveils fifth cohort
The messaging platform developer has revealed the latest eight companies to take part in its 13-week startup programme.
Daily Deal Round Up: April 13, 2022
Decentralised finance technology developer BloXroute raised $70m in a round led by SoftBank Vision Fund 2 while Ackermans & van Haaren helped digital health technology developer Medikabazaar score a $700m valuation.
Bertelsmann collars Coesfeld to head investments
Carsten Coesfeld will run the media group’s corporate venture capital activities as CEO of Bertelsmann Investments from the start of June.
Voyager Innovations sails to $210m
SIG Venture Capital led a round also backed by Tencent and PLDT that will help the mobile financial services provider launch additional products for its neobank.
Pax8 tacks on $185m
SoftBank Vision Fund 2 led a round for cloud software marketplace Pax8 that included Liberty Global Ventures at a $1.7bn valuation.
Observe.AI calls in $125m series C
The AI-powered call centre technology developer raised fresh capital in a round led by SoftBank Vision Fund 2 that also featured Zoom, Next47 and NGP Capital.
Northwell brings forth $100m healthcare incubator
Northwell Health has teamed up with venture studio Aegis Ventures to form a platform which will seed AI-powered healthcare technology developers.
Aurion Biotech advances with $120m
Alcon was among the participants in a round representing the first funding to be disclosed by the cellular ophthalmology therapeutics developer.