Posco-backed medical device developer Pulmonx has added $66m to its coffers thanks to a consortium led by Ally Bridge and secured an additional $17m to refinance a debt facility.
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.
Nvidia designs Cumulus acquisition
Two years after Telstra Ventures led a $43m series D round for Cumulus Networks, Nvidia has agreed to purchase the data centre networking technology provider.
Intel picks up Moovit for $900m
Intel confirmed its acquisition of Moovit for $900m, following reports over the weekend that the corporate was looking to pay as much as $1bn for the transit app developer.
N26’s series D adds up to $570m
Tencent and Allianz-backed N26 has added $100m in a third series D tranche to bring the round to $570m, allocated to an expansion across Europe, the US and Brazil.
Kingsoft Cloud to claim IPO throne
Kingsoft’s cloud services subsidiary has set its price range for an initial public offering in the US and will raise as much as $450m in proceeds if it floats at the higher end.
Robinhood captures $280m series F
Robinhood fetched an $8.3bn valuation thanks to a $280m series F round featuring a range of existing backers, though it is unclear if Alphabet and Roc Nation were among them.
Ninja Van picks up $279m in funding
A month after reports suggested Ninja Van had raised $124m in series D funding from several corporates, the company confirmed it actually secured $279m.
Back Market certifies $120m round
Groupe Arnault-backed Back Market has added $120m in funding to its coffers thanks to Goldman Sachs, Aglaé Ventures and Eurazeo Growth.
ASR processes $119m round
TCL Capital was among the investors in a $119m funding round for ASR Microelectronics, which also attracted Zhangjiang and increased its overall funding to $419m.
Intel to make a $1bn move on Moovit
Two years after leading a $50m series D round for the urban mobility app developer, Intel is in the final stages of an acquisition of Moovit priced at approximately $1bn.
Byju’s begins work on $400m deal
Prosus, Times Internet and Tencent-backed online education provider Byju’s is seeking up to $400m in funding at a $10bn valuation, just a couple of months after fetching an $8bn valuation.
Octopus Energy originates $327m
Origin Energy has agreed to make a strategic investment in energy supplier Octopus Energy for a total of $327m.
Asapp accesses $185m series B
Telstra was among the investors in a $185m series B round that brought the artificial intelligence-powered customer service technology developer’s total funding to $260m.
Otonomo accelerates with $46m series C
SK Holdings, Avis Budge and Alliance Ventures all took part in a round for that will support the vehicle data technology provider’s global expansion.