Swisscom and Six came back to participate in the expense management platform developer’s latest round, lifting its total funding to approximately $108m.
Category: News
Haegin hails corporates in series B round
Kakao, NetEase, VNG and Netmarble all backed the mobile game developer as it looks to grow its metaverse capabilities and release new titles.
Liberty Strategic Capital to buy Zimperium for $525m
SoftBank will retain a minority stake in the cybersecurity technology provider, as Telstra, Toyo Corporation and Samsung prepare to exit.
Lennar to spin off LenX
Lennar recognised $395m in paper losses during the quarter ending February 2022 from the publicly traded section of its corporate venturing portfolio.
Cheng joins Luno Expeditions as CEO
Jocelyn Cheng joined early-stage investment arm, Luno Expeditions, this month to back crypto.
Bona leaves BCG for UTA
UTA (formerly known as United Talent Agency) previously launched its corporate venturing unit under Sam Wick.
Hawke Ventures swoops on second fund
Hawke Ventures closed its first vehicle at $5.6m from 51 angel investors, TechCrunch reported last summer.
Fieam starts strategic fund
The reported corporate venture capital fund plans to invest between BR500,000 and BR5m in about 15 startups.
CBRE backs Fifth Wall fund
CBRE has been an investor in Fifth Wall investment programs since 2016 and increasingly active as a direct investor.
Schuder and Kuchan to leave LG
LG Nova steps in for some functions for electronics group’s CVC unit.
Daily Deal Round Up: March 29, 2022
DigitalBridge Ventures led wireless adoption software developer Celona’s $60m series C round while Papaya is paying up to $200m for Rakuten-backed payment platform developer Azimo.
JD Property houses $800m
Hillhouse Investment and Warburg Pincus are co-leading a series B round for the real estate manager and services provider, a spinoff from JD.com.
GoTo gets $1.1bn in initial public offering
The multicorporate-backed diversified mobile app operator has listed on IDX having priced its shares at near the top of their range.
Soterea buckles up $204m
The driver safety technology provider’s series B round was led by Ping An Capital at a valuation of almost $1.56bn and also featured SK China.