AAA Deal Roundup: CoreWeave builds $221m series B round

Deal Roundup: CoreWeave builds $221m series B round

Cloud computing, cloud computers, cloud IT infrastructure, cloud networking, cloud processing, cloud network, cloud services
Cloud computing, cloud computers, cloud IT infrastructure, cloud networking, cloud processing, cloud network, cloud services
Image courtesy of www.bluecoat.com

M&A

Video game publisher Epic Games acquired portfolio company Aquiris, a Brazil-based 3D gaming studio, for an undisclosed sum. The corporate had invested an undisclosed amount in Aquiris, which will be rebranded as Epic Games Brasil, in April 2022.

Localz, an Australian last-mile logistics management software provider that counts parcel delivery service Geopost among its investors, was purchased by supply chain management group Descartes for $6.2m. Geopost took part in the company’s 2017 series A round.

Funding

CoreWeave, a US-based cloud infrastructure provider for compute-intensive applications like graphics production, raised $221m in series B funding from investors including graphics processing unit producer Nvidia. The round was led by Magnetar Capital and also backed by private investors Nat Friedman and Daniel Gross.

CompanyCompany descriptionSectorCountryRoundRound size($m)Deal dateInvestors
HalcyonCybersecurity resilience software providerITUSA5020/04/2023Dell (Dell Technologies Capital); Syn Ventures (lead), Corner Ventures
CertnIdentity verification platform developerITCanadaB3020/04/2023Telstra (Telstra Ventures); B Capital, Export Development Canada, Bank of Montreal, Gaingels, Covalent Ventures, Tribe, Inovia Capital, Scribble, Moxxie Ventures
VolumezCloud infrastructure technology providerITUSA2019/04/2023Koch Industries (Koch Disruptive Technologies) (lead); Viola Ventures, Pitango
Gather HealthOlder adults-focused primary care providerHealthcareUSA1519/04/2023Commonwealth Care Alliance; Khosla Ventures, Maverick Capital (Maverick Ventures)
OyikaDeveloper of battery swapping infrastructure for electric vehiclesEnergy and Natural ResourcesSingaporeB10.821/04/2023Banpu Next (BPIN Investment) (lead), Yinson Holdings
Fervo EnergyGeothermal power project developerEnergy and Natural ResourcesUSN/A1018/04/2023Devon Energy
TablelandRelational database provider for Web3 applicationsITUSA820/04/2023Protocol Labs; CoinFund (lead), Multicoin Capital, Blueyard, A_Capital, Betaworks, unnamed angel investors
MansaBlack culture-oriented online streaming platformMediaUSSeed818/04/2023Rainmaker Films; MaC Venture Capital (lead), WndrCo, Base Ventures, Dubin & Co, Robert F Smith, Galaxy Digital (Galaxy Investment Partners)
Accredify Document verification tool providerITSingaporeA720/04/2023Susquehanna International Group (SIG Venture Capital); iGlobe Partners (co-lead), Temasek Holdings (Pavilion Capital), Qualgro
YellowBirdEnvironmental safety and risk management platformServicesUSSeed6.2519/04/2023QBE Insurance, Nationwide (Nationwide Ventures); Rebalance Capital (co-lead), Manifold Group (co-lead), Plug and Play, Cameron Ventures, unnamed others
Pro PlatformsProvider of construction finance management software FinancialUSN/A4.720/04/2023GS Group (GS Futures); Aperture VC (lead), Social Leverage, Hustle Fund
NunaBioDNA synthesis contract developerHealthcareUKSeed2.320/04/2023Marshall of Cambridge (Martlet Capital); North East Innovation Fund, Pioneer Group, Ascension (Ascension Life Fund)
TablecrossRestaurant-focused marketing platformMediaJapanA2.219/04/2023En-Rest (Kemuri Ventures) (lead), JTB Corp, Veltra Corporation, PR Times
Third Way HealthMedical administration automation platformHealthcareUSPre-Seed1.519/04/2023Apollo Medical Holdings (lead); unnamed angel investors
Coinflow LabsWeb3 payment platformFinancialUSPre-Seed1.4519/04/2023Jump Trading Group (Jump Crypto) (lead), Capital Markets Trading (CMT Digital); Reciprocal Ventures, Digital Currency Group, Builder Capital, Prompt Ventures, Gumi (Gumi Cryptos Capital), Blocktech Ventures
TicketRevLive event ticket marketplaceConsumerUSPre-Seed1.117/04/2023Minnesota Twins; 500 Startups, Soma Capital, Groove Capital, Techstars
JiffyCustomer experience knowledge platformServicesUSN/A<1 ($50,000)20/04/2023PartnerHero (CX Innovators Fund)
M2MTechProvider of remote predictive lift technology ITSouth KoreaN/AN/A19/04/2023Bear Robotics
Block HarborAutomotive cybersecurity technology developerTransportUSN/AN/A19/04/2023VicOne
KitchenTownFood technology incubatorConsumerUSN/AN/A19/04/2023Marubeni
GombleBlockchain-based casual game developer affiliate of 111PercentMediaSouth KoreaSeedN/A20/04/2023Binance (Binance Labs)
Sinpro4D imaging radar technology producerIndustrialChinaAN/A12/04/2023Nio (Nio Capital) (lead), Xiaomi; Harvest Capital
BarajaLidar technology developer for self-driving vehiclesTransportAustraliaN/AN/A18/04/2023Oshkosh Corporation 
Nanoramic Laboratories Battery electrode technology developerEnergy and Natural ResourcesUSN/AN/A19/04/2023General Motors (GM Ventures)
Cequence Security API cybersecurity software producerITUSN/AN/A19/04/2023Hewlett Packard Enterprise (Hewlett Packard Pathfinder), Saudi Aramco (Prosperity7 Ventures)

By Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.