The Stripe-backed rapid checkout tool developer was valued at $1bn early last year but is closing its doors after failing to raise more cash.
Month: April 2022
Grover to grow with $330m series C
The electronics subscription service received $110m in equity and $220m in debt financing from a consortium including Assurant, SevenVentures and Mirae Asset-LG Electronics New Growth Fund.
Clarify Health takes care with $150m
SoftBank Vision Fund 2 led the healthcare management software provider’s series D round, taking its overall funding to about $213m and its valuation to a reported $1.4bn.
Data.World aggregates $50m for series C
Prologis Ventures has returned to back the Associated Press, Samsung Next and Workday Ventures-backed business data software developer’s latest round, hiking its funding to over $132m in total.
IntelyCare nurses $115m in series C funding
Kaiser Permanente Ventures returned to reinvest in the nursing staff management service at a $1.1bn valuation.
Daily Deal Round Up: April 6, 2022
Crypto.com, Huobi and BitMart invested in cryptocurrency scaling technology developer Boba Network at a $1.5bn valuation while natural fibre composite provider Bcomp netted $34.9m in a BMW-led round.
AMD to pick up Pensando for $1.9bn
HPE, Alphabet, Ericsson, Qualcomm, Oracle, Liberty Global and NetApp are set to exit the edge computing technology provider.
Climeworks clasps $646m
Swiss Re was among the participants in a round which pushed the carbon capture system developer’s overall financing past the $800m mark.
Mitsubishi Estate builds $82m Bricks Fund Tokyo
The real estate developer’s investment vehicle will target companies working on technologies and services related to novel lifestyles, industry transformation and sustainability.
Softbank helps send $300m to Remote
The remote work software provider received $300m in a round led by SoftBank Vision Fund 2 valuing it at almost $3bn.
Microba makes tracks to ASX
The Macrogen-backed gut microbiome drug developer went public in a $22.5m offering priced at the foot of its range.
Tokocrypto spreads blockchain investments
The Binance-backed cryptocurrency exchange has put its weight behind Nanovest, Avarik Saga, Avarta, Diamond Protocol and Play it Forward DAO
Daily Deal Round Up: April 5, 2022
Fertility financing service Future Family, machine learning software developer Black Crow AI and digital twin software provider vHive each nabbed $25m in corporate-backed rounds.
Diarte bids SE Ventures adieu
Amit Chaturvedy is now managing partner at Schneider Electric’s open innovation and investment unit, which was previously led by founder and former CEO Heri Diarte.