Walmart has been increasingly active at starting up and backing startups, including financial technology startup Hazel.
Category: Size
J&J forms New Company (NewCo) Creation unit
Johnson & Johnson pivots earlier stage, reflected in the NewCo Creation unit it set up.
Daily Deal Round Up: January 28, 2022
SoftBank led digital pharmacy Alto’s $200m series E round as well as a $130m series B round for rent data software provider Esusu.
Plenty harvests $400m in series E round
Walmart made a strategic investment in the vertical farm operator through a round led by existing investor SoftBank Vision Fund 1, pushing its total funding past $940m.
One and Even join forces with Hazel
Mobile banking app developer One and earned wage access service Even will form a new company with the Walmart subsidiary featuring Qualcomm, Progressive and PayPal as shareholders.
Daily Deal Round Up: January 27, 2022
SoftBank Vision Fund 2 helped blockchain technology provider Blockdaemon close a $207m series C round while Qualcomm-backed audio equipment brand BoAt is targeting $246m in its flotation.
FTX US hauls in $400m
FTX Trading’s US subsidiary secured the cash at an $8bn valuation, bucking the trend among rival cryptocurrency exchanges less eager to raise funding.
Ripple implements series C buyback
Series C investors including SBI have sold back their shares to the digital payment tool provider at a 50% premium, valuing it at $15bn.
Akili Interactive accedes to $1bn reverse merger
The Merck Group, Amgen, Shionogi and Digital Garage-backed digital cognitive treatment developer will get a Nasdaq Capital Market listing through the deal.
Tuhu tilts towards Hong Kong IPO
Baidu and Tencent are among the investors that will score an exit if the online auto aftersales platform goes public in a Hong Kong offering.
Daily Deal Round Up: January 26, 2022
SoftBank’s Vision Funds took part in a $260m series F round for online finance provider Creditas and led last-mile delivery service Paack’s $225m series D.
Jidu mobilises corporates to raise $400m
Baidu and Geely injected the cash in their electric vehicle joint venture and the proceeds will be used for R&D and mass production of the cars.
Culdesac walks to $30m
Lennar’s Len X subsidiary helped the walkable neighbourhood developer raise equity financing as it prepares to open its first housing units.
Daily Deal Round Up: January 25, 2022
Anhui Jiangnan Construction Investment Group helped commercial rocket developer Galactic Energy secure $200m while off-road vehicle developer Rox raised $100m in a Tencent-led round.