The headless commerce software provider received a capital injection from SoftBank as the e-commerce space looks to be more flexible.
Category: Size
Daily Deal Round Up: February 28, 2022
Data analytics engineering group DBT Labs closed a $222m series D round including several corporates while 4Paradigm has filed an IPO prospectus again after its earlier attempt expired.
Roca cleans up with fund
Roca Group Ventures will invest in deals advised by Alantra.
Financial firms target alternatives
Aviva commits to Frontier Fund while Morgan Stanley opens in London
Softeq backs accelerator with $40m fund
The fund has been backed by Jumana Capital, a single-family office also based in Houston, Texas.
BNI sets up $40m CVC fund
The move follows state-led initiatives to invest directly in startups in Saudi Arabia and Europe.
Halperin and Yamin set up Contrago
$50m debut fund sourced from undisclosed corporations and angel investors.
Carrier Global chills with first deals
Jennifer Anderson, Carrier’s SVP for strategy, business development and chief sustainability officer, will head Carrier Ventures.
US Army eyes up $100m for VC
The US Department of Defense has put in place a variety of programs to bring on board startups.
Brennan leaves MRL for Vertex
Last year, MRL promoted her co-partner, Peter Dudek, to president and managing partner of the $500m CVC unit.
Anness joins Westinghouse Electric
The move follows increased interest in climate change.
Wilshire Lane Capital closes on $40m fund
Founded by Adam Demuyakor, Wilshire Lane was reportedly looking to raise up to another $85m.
Burnt Island Ventures drinks to new fund
In December, Burnt Island Ventures was part of a syndicate backing StormSensor.
Wintrust adds $50m to ventures unit
Bailey Moore, senior vice-president at Wintrust Ventures, added: “We have had particular focus in sectors such as enterprise SaaS [software-as-a-service], healthcare IT [information technology], marketplace and omni channel brands.”