The blockchain technology provider has attracted capital from several corporates for an accelerator tasked with boosting the Web3 ecosystem.
Category: News
Solvay Ventures prepares for parent company split
The corporate’s specialty product offshoot will house investment vehicle Solvay Ventures, Matt Jones and Coppelia Marincovic told Global Corporate Venturing.
Daily Deal Round Up: April 19, 2022
Citi Ventures, Salesforce Ventures and Telstra Ventures all invested in blockchain infrastructure provider Blockdaemon’s series D round while GV backed cybersecurity software provider Obsidian’s $90m series C.
Rapido zips to $180m series D
Swiggy helped boost the ride hailing service’s valuation to $800m in a round that included Shell Ventures and TVS Motor Company.
CoinDCX completes $135m series D round
Coinbase Ventures helped the cryptocurrency exchange increase its valuation to $2.15bn in a round pushing its overall funding past $240m.
Be Biopharma hauls in $130m
Takeda and Bristol Myers Squibb were among the investors that helped the cellular medicine developer close its series B round.
Waresix grows series B to near $124m
The logistics services provider has added $50m to its latest round, which is already backed by SoftBank, Emtek, Oko Markets and EV Growth.
Stripe commits to carbon removal
Lowercarbon Capital has secured $350m to invest in carbon removal startups, with Stripe reportedly among the limited partners.
Chinese defence companies set up CVC
The planned fund is expected to serve as a platform for the Chinese military to enhance its technology.
Nyatta and Passoni to leave SoftBank
SoftBank is set to promote the Latin America fund’s third managing partner
Daily Deal Round Up: April 14, 2022
BMW and Ralph Lauren contributed to an $85m round for sustainable materials provider Natural Fiber Welding while Credit Saison invested $80m in virtual credit card service Julo.
Gaojing gathers $251m in series A funding
Aiko Solar and Midea Capital were among the participants in a round which will support ongoing construction of Gaojing’s solar wafer production facility.
Hinova implements $166m IPO
Tigermed, Fosun, Haisco and Sinopharm-CICC all scored exits as the oncology and metabolic disorder therapeutics went public in China.
OSF Digital uploads $100m
Salesforce Ventures returned for a series C round which will support an ongoing acquisition spree for the digital transformation services provider.