Consumer credit provider FinAccel secured $140m from investors including GMO Payment Gateway while Amgen helped brain disease drug developer Neumora raise $112m.
Category: News
Saudi Arabia pumps billions into gaming and esports sectors
The Middle Eastern country aims to diversify its oil heavy economy through corporate venture investments.
Daily Deal Round Up: October 11, 2022
Salesforce, ANZ and Tencent helped Airwallex boost its series E round to $300m while Hermes-Epitek chipped into a $30m series A for Ochre Bio.
Daily Deal Round Up: October 10, 2022
BBC Studios bought portfolio company Firebird Pictures while SoftBank Vision Fund 2 led a nine-figure round for dental product maker SprintRay.
90% of corporate investors take board seats
An overwhelming majority of respondents in our poll said they took board seats — mainly to influence and help the startups in their portfolio.
Daily Deal Round Up: 7th October, 2022
Prologis Ventures and GV helped supply chain analytics provider Altana raise $100m while Amazon and BHP were among the investors in an $85m round for clean steel technology developer Electra.
The Standout Six: Turning water into gold
Strong branding helped give a canned water producer reach a $700m valuation while the promise of long-term energy storage fueled a $450m mega round.
Daily Deal Round Up: October 6, 2022
Q2 Holdings has acquired National Bank of Canada and OpenText-backed Sensibill while ArcelorMittal’s XCarb unit was part of Form Energy’s $450m series E round.
MassMutual doubles diversity venture funding to $200m
MassMutual’s diversity-focused fund-of-funds has been granted an extra $100m, bringing the amount it has invested in CVC activities to $900m.
Asami withdraws from Eisai Innovation
Daiichi Sankyo has hired Shun Asami, previously senior investment director and San Francisco division head at Eisai Innovation.
Daily Deal Round Up: October 5, 2022
Solid Biosciences is merging with Sarepta-backed AavantiBio in a $215m deal while Amazon has formed a minority founder-focused $150m fund.
ArcelorMittal takes XCarb CVC commitments close to $200m
As ArcelorMittal’s XCarb Innovation Fund backs Form Energy’s $450m series E round, its head tells us why the unit is targeting clean energy, hydrogen and smart carbon technology.
Daily Deal Round Up: October 4, 2022
Braskem has formed a $150m corporate venturing initiative while Saudi Aramco’s Prosperity7 Ventures fund took part in SingleStore’s $146m series F2 round.
Beyersdorf moves to EnBW New Ventures
EnBW New Ventures has brought in renewable energy expert Melanie Beyersdorf to bolster its investment team.