Migdal Insurance and Harel Group both bought into Sunbit’s proposition as the buy now, pay later platform raised its series D round.
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.
Loom looks to investors for $130m
Slack-backed Loom has completed a $130m series C round led by Andreessen Horowitz.
Zhangmen zooms to US for IPO
SoftBank is among the investors in line for an exit as the online tutoring platform files for an initial public offering in the US with a $100m placeholder figure.
CyberAgent Capital captures $55.5m fund
CA Startups Internet Fund 3rd has closed with $55.5m of funding.
Daily Deal Round Up: May 20, 2021
Axa Venture Partners has helped put $60m into Virtuo, while Super collected $50m and Salto picked up $42m.
Investors pump $250m into Pipe
Next47, CreditEase, SBI Group and Morgan Stanley are all among the backers of Pipe’s latest round, which was oversubscribed by $100m and valued the business at $2bn.
Formlabs fashions $150m series E
SoftBank has led the series E round through its Vision Fund 2, doubling Formlabs’ valuation to $2bn in the process.
Asapp picks up $120m series C
Asapp has doubled its valuation to $1.6bn in the space of a year, thanks to a $120m series C round backed by returning investor Telstra Ventures.
DualityBio pairs investors with series B
Lilly Asia Ventures has led a $90m series B round for Duality Biologics, which revealed it has now secured $120m altogether from backers also including WuXi Biologics.
Daily Deal Round Up: May 19, 2021
Checkout.com-backed Thunes has added $60m to its coffers, while Desktop Metal purchased Adaptive3D less than a year after Arkema invested.
Beta lines up $368m
Electric vertical aircraft developer Beta Technologies has attracted investors including Amazon, which invested through its Climate Pledge Fund.
Extend grows its funding by $260m
SoftBank has led a $260m series C round for the warranty policies provider, which also featured PayPal and Nationwide.
Good Meat dishes up $170m round
Eat Just has established a new cultured meat subsidiary Good Meat with $170m in funding supplied by UBS O’Connor, Graphene Ventures, K3 Ventures and others.
Goldbelly fills up on funding
Intel Capital returned for a $100m series C round raised by online food retailer Goldbelly, having previously taken part in a $20m series B two and a half years ago.