Fernando Moncada Rivera

Fabric threads in $140m series C

The headless commerce software provider received a capital injection from SoftBank as the e-commerce space looks to be more flexible.

Scalapay calls in Tencent for $497m round

Scalapay is the third buy now, pay later service to receive funding from Tencent in the past four months, in a series B round valuing it in excess of $1bn.

Daily Deal Round Up: February 24, 2022

SoftBank Vision Fund 2 took part in a $230m round for Gousto, a $102m round for Plexium and RightHand Robotics’ $66m series C round.

Cheq marks off $150m series C

Phoenix Insurance has continued its corporate venturing activities, in a round valuing the

SoFi to take Technisys in $1.1bn deal

Intel Capital is exiting the core banking software provider in a deal intended to upgrade SoFi’s offering to a comprehensive financial technology stack.

Automata takes $50m to the lab

ABB Technology Ventures invested in Automata’s latest round, as it looks to roll out its medical automation technology across the UK and beyond.

Volta Trucks zaps in $260m

Agility returned to reinvest in the commercial EV developer as it gets ready to kick off production of its trucks.

PrimaryBid stocks up with $190m

SoftBank’s investment will help the online retail investment service expand into the United States and ride a wave of consumer demand.

ElasticRun procures $330m

SoftBank made its latest foray into India’s growing B2B marketplace sector, as ElasticRun more than tripled its valuation to $1.5bn.

Arcion rebrands with $13m series A

Databricks participated in a $13m round for the data migration software provider two months after forming its corporate venturing unit.

Circle doubles reverse merger valuation to $9bn

The blockchain payment platform developer’s valuation through its imminent reverse takeover has doubled, buoyed by the popularity of its stablecoin.

HV Capital launches $489m continuation fund

Holtzbrinck remains an investor in HV Capital, contributing to the venture firm’s latest vehicle, the $489m HV Coco Growth fund.

Hy2gen generates $227m in funding

Technip Energies backed the hydrogen fuel producer’s newly announced round, as the gas continues to make inroads into the energy transition roadmap.

Neon glows with $300m from BBVA

Banking firm BBVA returned to reinvest in Neon, part of a group of digital banking portfolio companies it has built, increasing its stake to nearly 30%.