Mitsui provided $25m for JSW Group spinoff JSW One Platforms while RWE led a $15m round for clean energy system provider Ryse Energy.
Category: News
Deal Roundup: Bitget builds $100m Web3 fund
Bitget’s Asia-focused BitGet Web3 Fund has been equipped with $100m while Hype has received $10m in a series A round featuring Bloomberg.
Kaçan catches investment director role
Semih Kaçan, formerly investment manager at Swisscom Ventures, has taken up the new position after nearly two years and a half at the unit .
Deal Roundup: Savvy spends $4.9bn on mobile game studio Scopely
Advance and Take-Two Interactive are exiting the mobile gaming studio in a purchase by Savvy Games, while Noventric helped smart thermostat provider Tado° boost its latest round to $60m.
Deal Roundup: SJSemi gets $340m in series C+ round
Legend Capital helped provide $340m for SJSemi while Samsung, OpenSea, OKX, Circle and Christie’s participated in LayerZero’s $120m series B round.
Williams CVC lead Brown moves to decarbonisation fund
Grant Brown, formerly head of Williams’ New Energy Ventures, has started a job as investor at decarbonisation fund 8090 Industries.
Gerson advances at Takeda Ventures
Miles Gerson, formerly senior investment director at Takeda Ventures, has been promoted to executive investment director.
Deal Roundup: Quantexa collects $129m in series E round
HSBC, BNY Mellon and ABN Amro all took part in decision intelligence software provider Quantexa’s $129m series E round while SoftBank led a $100m round for cybersecurity software producer Cybereason.
Deal Roundup: DMI Finance captures $400m
Mitsubishi UFJ Financial Group led a $400m round for non-banking finance provider DMI Finance while Haima Automobile helped electric taxi producer Itbox raise $145m.
Malaysia launches CVC training programme
The government-led initiative encourages Malaysia’s largest businesses to join local companies like Petronas and Sunway in early-stage investing.
The Big Deal: Berkshire Grey becomes SoftBank’s latest lossmaker
SoftBank’s cut-price purchase of the warehouse automation specialist adds to a string of losses, but companies like Berkshire Grey could point to a way forward.
Deal Roundup: EigenLabs generates $50m in series A funding
Coinbase took part in EigenLabs’ $50m series A round while professional services firm Hakluyt reached the second close of its growth fund.
Saudi media group sets up strategic venture arm
Saudi Research & Media Group’s SRMG Ventures is targeting investments in both creators and media technology.
Deal Roundup: Cisco gets Lightspin in $200m deal
Cisco acquired Dell-backed cybersecurity software provider Lightspin for $200m while Microsoft took part in coding automation platform Env0’s $35m series A round.