Virgin Orbit and Sumitomo Corporation are participating in a $70m PIPE financing to support a reverse takeover for the quantum encryption technology developer.
Author: Jordan Williams
Soulgate seeks $100m in US IPO
Tencent owns almost half of the social media platform developer, which had revealed its intentions to go public earlier this year.
Arkose Labs arranges $70m series C round
The fraud prevention software developer has boosted its total funding to $114m having receiving a capital injection from SoftBank, PayPal, Microsoft and Wells Fargo.
Vinted wins $303m at $4.2bn valuation
The second-hand fashion marketplace has now raised over $560m in total, with Burda Principal Investments returning for its series F round.
SoftBank supports Beisen in $260m series F
SoftBank has invested in Beisen through what the latter claims is the largest investment deal to date for a China-based human resources software provider.
Huma gets its hands on $130m
Bayer, Hitachi, Samsung, Sony and Unilever participated in a series C round for the healthcare monitoring technology provider valuing it near to $1bn.
Yuanbao collects $156m in series C round
Susquehanna International Group has participated in a round for the insurance comparison platform developer that will support research and development.
ParcelLab organises $112m series C
The Takkt-backed operations management platform developer is eyeing international expansion following a series C round led by Insight Partners.
Eli Lilly counts up Sixty8 Capital contribution
Eli Lilly has helped Sixty8 Capital hold a first close for its $20m fund, which the venture capital firm will use to back startups led by members of typically underrepresented communities.
Kakao feeds on Radish and Tapas
Kakao has agreed to acquire portfolio companies Tapas, for $510m, and Radish, for $440m, as it looks to strengthen its recently merged entertainment subsidiary.
Ethos enriches itself with $200m
Roc Nation and GV both participated in a series D round that increased the digital life insurance platform’s valuation to $2bn.
Innovusion inputs $64m in series B funding
The autonomous driving technology developer is looking to ramp up production with capital from investors including Nio and Bertelsmann.
Virogin generates $80m in financing
The Sinopharm-backed oncology drug developer has raised series D1 funding in a round led by China Structural Reform Fund Corporation.
Sirclo secures $45m in series B3 round
The e-commerce software provider received funding in a round led by Sinar Mas subsidiary SMDV at a reported $116m valuation.