Duke Energy is among the investors in Source Global, which has created panels that generate clean drinking water from sunlight and water vapour.
Category: News
Zongmu drives through $157m series A
Cosco Shipping Development was among the investors in a round set to boost the self-driving technology developer’s research and development activities.
AN2 Therapeutics prices $69m IPO
The Brii Biosciences-backed lung disease treatment developer priced an upsized offering in the middle of its range.
Colella joins Visa after leaving Citi
Earlier this month, Visa had promoted its corporate development executive, David Rolf, to become head of Visa Ventures.
Daily Deal Round Up: March 28, 2022
Bikini brand Frankies Bikinis received $18m from strategic investor Victoria’s Secret while department store retailer Lojas Renner has formed a $31m investment vehicle.
Instacart snips valuation to $24bn
The grocery delivery service has slashed its valuation by almost 40% post-coronavirus, though that still represents a hefty increase for corporate backers Comcast, American Express and Amazon.
WeRide zooms to $400m
GAC and Bosch were reportedly among the investors which put up fresh capital for the autonomous driving technology developer at a $4.4bn valuation.
Tishman Speyer tips $100m into venture fund
Real estate developer Tishman Speyer’s Proptech Venture Fund is targeting $150m to back innovative real estate technology, following a series of investments by its parent.
Celsius heats up with $83m
Amgen Ventures and existing backers GV, Heritage Provider Network and Alexandria Venture Investments helped the cancer and IBD drug developer secure fresh funding.
Altibbi amasses $44m in series B round
Hikma Ventures co-led the telehealth platform developer’s oversubscribed series B round, which will help it move into the digital pharmacy market.
Goldwin champions corporate venturing vehicle
The sportswear distributor’s $24.6m Goldwin Play Earth Fund will run for a decade and focus on environmentally friendly materials, sustainable manufacturing and sports-related healthcare and education.
Daily Deal Round Up: March 25, 2022
Industrial data software producer OnePredict closed a $25m GS Energy-backed series C round while several corporates helped drone infrastructure provider Skyports raise $23m.
Nexo executes $150m fund launch
The digital asset management group’s Nexo Ventures subsidiary will target companies operating in the Web3 ecosystem, in areas including blockchain, game finance and metaverse products.
Alphabet sends Sandbox AQ independent
The AI and quantum technology developer has branhed out as a separate company having secured at least $100m from a range of external investors.