Google, Chevron and Sumitomo were part of fusion power system developer TAE’s $250m series G2 while GMO VenturePartners and Christie’s Ventures formed new funds.
Category: Size
Daily Deal Round Up: July 19, 2022
Eli Lilly and Illumina took part in liquid biopsy developer Delfi Diagnostics’ $225m series B round while Sompo, Yamaha Motor and Bridgestone invested $87.8m in driverless vehicle software provider Tier IV.
Daily Deal Round Up: July 18, 2022
Bertelsmann vehicle BAI Capital co-led a $150m C2 round for payment card provider Stori while Sram and Mram supplied $100m in series A funding for blockchain ecosystem developer 5ire.
Daily Deal Round Up: July 15, 2022
NextEra Energy, SK and Mitsubishi Heavy Industries America were part of a $300m round for Monolith while Superscrypt helped Safe secure $100m.
Daily Deal Round Up: July 14, 2022
Alphabet unit GV participated in autonomous flight technology developer Merlin Labs’ $105m series B round while several corporates helped Cathay Innovation close a $1bn fund.
Daily Deal Round Up: July 13, 2022
Sanofi, Access Industries and Alphabet helped Areteia Therapeutics raise $350m, and Nordisk Games acquires Supermassive Games.
BNPL crunch starts to bite, with Klarna the first taste
Klarna’s 83% drop in valuation to $6.7bn is the most visible harbinger of a buy now, pay later sector suffering from defaults and competition – some from the same corporates investing there.
Daily Deal Round Up: July 12, 2022
DeNA and Seibu Holdings helped Allm raise $180m, while several corporates are exiting ViaCyte in a $320m acquisition.
Daily Deal Round Up: July 11, 2022
Allianz X helped digital insurance provider Coalition raise $250m while protein synthesis technology developer Nuclera hiked an E Ink-backed series B round to $58m.
Daily Deal Round Up: July 8, 2022
TCL provided $267m for GCL Semiconductor while several corporates took part in Hidden Road’s $50m series A round.
Daily Deal Round Up: July 7, 2022
Volkswagen and Ingka Group helped Northvolt secure over $1bn while Dai-ichi Life has led a $120m series C for YuLife.
Daily Deal Round Up: July 6, 2022
KT and Kakao Ventures were part of AI chip developer Rebellions’ $72.8m series A round while Nvent helped provide $35.8m for cooling system provider Iceotope.
Daily Deal Round Up: July 5, 2022
Legend Capital led a $150m series E round for ClinChoice while Wemix took part in a $31.8m round for Planetarium Labs.
FTX’s cut-price BlockFi acquisition option a warning for investors
The debt finance deal gives FTX the chance to buy crypto management tool developer BlockFi for up to $240m – less than 10% of its last valuation – and the news should be making equity investors nervous.