The corporate divested about 10% of its shares in the NYSE-listed online marketplace having already sold almost $1.7bn in shares six months ago.
Category: News
FinAccel calls off $2.5bn reverse merger
Unfavourable market conditions have scuppered the corporate-backed consumer credit company’s planned reverse takeover as it opts instead for more private funding.
SoftBank turns $100m Opportunity Fund evergreen
Catherine Lenson and Brett Rochkind have come onboard at SoftBank’s newly uncapped Opportunity Fund, which will continue investing in minority-owned businesses.
DataGrand processes series C funding
Legend Capital and Sunshine Insurance were among the investors in a $91.1m round for the text recognition software developer.
Texas Medical Center takes fund to $75m
The healthcare provider has added $50m to its original commitment of $25m for TMC Venture Fund, to be deployed over the next decade.
Daily Deal Round Up: March 14, 2022
SAIC Motor’s Hengxu Capital helped allosteric drug developer Nutshell Therapeutics close a $40m round while cancer therapy developer Impact Therapeutics secured series D1 funding.
Byju’s takes $800m class
The Tencent, Naspers and BCC-backed online education services provider was valued at $22bn in its latest round as it prepares its initial public offering.
Blinkit gets $100m delivery from Zomato
The quick grocery delivery service formerly known as Grofers has completed the first tranche of a $400m round having received funding from returning investor Zomato.
Schibsted energises $100m Tibber series C round
Schibsted Ventures participated in a round which pushed the smart energy provider’s overall funding to over $170m as it eyes European expansion.
AiFi checks through $65m
Aldi South, Rewe and Żabka joined investors including HP Tech Ventures, Qualcomm Ventures and Verizon Ventures in the autonomous retail technology developer’s series B round.
OTA Insights books Transparent acquisition
JetBlue Technology Ventures has exited the short-term rental data provider in a takeover by OTA Insights that follows $2.8m in funding.
Autobrains drives to $120m series C
BMW i Ventures, Continental, Knorr-Bremse and VinFast were among the investors that helped the autonomous driving software provider close its latest funding round.
Daily Deal Round Up: 11 March, 2022
Lunar expanded its series D round to $307m while RefleXion Medical raised $80m and Silent Eight raked in $40m.
Roofstock builds $240m series E
Citi Ventures and SVB Capital have returned to back the real estate investment platform’s latest round together with lead investor SoftBank Vision Fund 2.