Pulse Medical and BioMap are among the companies that raised nine-figure rounds, while Amwell bought two corporate-backed companies at once.
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.
Marvell to ingest Innovium for $1.1bn
The all-stock transaction is expected to close by the end of this year and will provide an exit to Qualcomm Ventures.
Harvest Capital collects $124m
GLP has joined the roster of Harvest Capital’s limited partners through a $124m fundraising effort that also featured Sequoia Capital China.
Daily Deal Round Up: August 3, 2021
Pulse Medical and BioMap are among the companies that raised nine-figure rounds, while Amwell bought two corporate-backed companies at once.
Nykaa nears IPO
The offering would produce $500m, including up to $70.6m from the sale of new shares, and offer exits to Max Group and TVS.
Intervenn attracts $201m in series C
SoftBank and Heritage Provider Network were among the investors who co-led a series C round for Intervenn Biosciences, which is developing precision medicine.
Infra.Market builds $125m series D
Tiger Global has led another round for Infra.Market, having done the same six months ago when Sistema Asia Fund also invested.
Ring circles $117m series B
UPMC Enterprises has contributed to a $117m series B round for gene therapy developer Ring Therapeutics.
SVolt recharges with $1.58bn series B
Only five months after closing a $541m series A round, SVolt has closed a $1.58bn series B backed by investors including Xiaomi and Sany.
GoPuff drafts investors for $1bn round
SoftBank’s Vision Fund returned for the $1bn funding round that valued the personal services platform operator at $15bn.
PolicyBazaar prepares $809m IPO
Info Edge, Intel, SoftBank and Tencent are all in line for exits as PolicyBazaar files for an initial public offering in India.
Bolt brings in $713m
Bolt is valued at more than $4.75bn following a $713m funding round, although its corporate backers did not return for the transaction.
Rallybio reaches public markets
Mitsui and Nan Fung are among the backers celebrating Rallybio’s flotation on the Nasdaq Global Select Market following an $80.6m offering.
Volvo Cars attaches itself to Niron Magnetics
Niron has collected $21.3m in funding from investors including Volvo Cars Tech Fund to build a pilot production facility for its rare earth-free magnets.