The new merged company will be known as Cerity Partners Ventures.
Tag: Mergers and Acquisition
WeBuy Global IPOs and Payzer is acquired: October Roundup
WeBuy Global and J&T Global Express announce IPOs, Payzer is acquired and news funds launched.
Unearth Technologies is acquired and Tuhu Car IPOs: September roundup
Unearth Technologies is acquired and Tuhu Car undergoes an IPO – read the full round up of corporate venture activity in September.
SoftBank to divest $2bn SoftBank Ventures Asia unit
Newly formed fund The Edgeof is set to acquire the $2bn SoftBank unit and expand its investment scope to cover the wider Asian region.
The Big Deal: Getir’s cut-price Gorillas purchase shows groceries delivery sector in flux
Corporate-backed Gorillas was bought for just $1.2bn and, together with competitor Oda’s $151m down round, it looks like winter is here for grocery delivery services.
Daily Deal Round Up: November 10, 2022
NCSoft invested $15m in Mysten Labs to take the latter’s series B round to $300m while Porsche backed Xanadu’s $100m series C.
Daily Deal Round Up: November 9, 2022
Suzano and Yara participated in Agrolend’s $145m latest round while Xencor contributed to Zenas BioPharma’s $118m series B.
Daily Deal Round Up: November 7, 2022
Cable One provided $50m for Ziply Fiber while Mercuria co-led a series C round the same size for The Mobility House.
Daily Deal Round Up: October 27, 2022
Battery recycler Ascend Elements and Geely spinoff Farizon each raised $300m while Saudi Aramco launched a $1.5bn Sustainability Fund.
CVC investments face increased antitrust scrutiny
US regulators are making a point of going after corporations that invest in companies where there is a perceived competitive overlap.
Daily Deal Round Up: October 21, 2022
AbbVie is acquiring Amgen-backed DJS Antibodies for $255m while Legend Holdings took part in a $56.6m series C round for VectorBuilder.
Daily Deal Round Up: October 20, 2022
Alexandria Real Estate-backed Acrivon has filed to go public while H2 Green Steel increased its corporate-backed series B round to $255m.
Daily Deal Round Up: October 17, 2022
Tencent took part in a $400m round for Skydance Media while CrowdStrike helped Vanta hike its series B to $150m.
Daily Deal Round Up: October 14, 2022
Rakuten-backed Base Food is set to list on TSE’s Growth Market in an IPO valuing it at $329m while Mitsui was part of a $400m round for Yellow Door Energy.