The identity authentication software developer took $30m in a round that attracted existing backer Singtel Innov8 and new investor Citi Ventures.
Author: Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
Yotpo’s series E round yields $75m
Access Industries was among the returning investors in a $75m round that brought marketing platform Yotpo’s overall funding to $176m.
Syntiant talks about $35m series C round
M12 and Applied Ventures co-led a $35m round for Syntiant, which is working on chips for artificial intelligence-powered voice processing at the edge.
Rigetti reinforces series C round to $79m
BVP led a $79m series C round closed by Rigetti five months after a securities filing revealed the Bloomberg-backed quantum computing technology developer was raising money.
Blackbird flies high with $356m fund
Pension fund managers including Telstra Super have invested in the fourth fund for Blackbird Ventures, which focuses on startups across Australia and New Zealand.
Indigo colours in the rest of $535m round
The agricultural marketplace operator has completed the series F round’s $360m second tranche, which followed a $175m first close featuring FedEx in January this year.
FBN pulls up $250m in series F round
Business optimisation platform developer Farmer’s Business Network was reportedly valued at $1.75bn in the round, which included long-term backer GV.
Xiaopeng expects to raise another $300m
The electric vehicle producer is adding $300m to an initial $500m in series C-plus funding as the Alibaba, Foxconn, UCar and Xiaomi-backed company gears up for a US listing.
Tongcheng Life links up with Linlinyi
Bertelsmann, Joyy and Tencent-backed group buying platform Tongcheng Life has joined forces with Suning-backed peer Lininlyi in a deal that involved a nine-figure dollar investment.
Corporate venturing deal net: 27-31 July 2020
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Li Auto charges onto public markets with $1.1bn IPO
Meituan Dianping and Bytedance were among the shareholders that committed to investing $380m in a concurrent private placement.
Cerevel seeks reverse merger
Cerevel Therapeutics, co-founded by Pfizer, is set to undertake a reverse merger with Nasdaq-listed Arya II in a deal that will give Cerevel a market cap of $1.3bn.
CoinEx issues $50m fund
The fund will invest in companies developing products and services within the cryptocurrency exchange’s ecosystem.
StashAway amasses $16m series C
Hubert Burda Media has participated in a $16m series C round for StashAway, bringing its total funding to more than $36m.