SK provided $100m for Atom Power, while MediaTek, Ta Ya, Simplo and Chunghwa Telecom all took part in TXOne Networks’ $70m series B round.
Tag: Stake Sale
GM buys SoftBank’s Cruise stake for $2.1bn
General Motors agreed to buy out SoftBank and invest a further $1.35bn in the autonomous vehicle developer, which it spun off four years ago.
SoftBank sells $1bn in Coupang shares
The corporate divested about 10% of its shares in the NYSE-listed online marketplace having already sold almost $1.7bn in shares six months ago.
GM jettisons Lordstown Motors stake
The carmaker has exited the electric truck developer having sold the 7.5 million shares it owned, following the latter’s poor financial performance.
Neon glows with $300m from BBVA
Banking firm BBVA returned to reinvest in Neon, part of a group of digital banking portfolio companies it has built, increasing its stake to nearly 30%.
Daily Deal Round Up: February 2, 2022
Constuction materials marketplace RenoRun’s $142m Schneider Electric-backed series B round headed up some large rounds for Canadian companies also including League and Ekona Power.
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.
Delivery Hero gets $150m Rappi return
Delivery Hero has generated a healthy return having sold part of its stake in delivery app developer Rappi, one of several investments in the Latin American market.
Corporates dig out $700m for DCG shares
SoftBank’s Vision Fund 2 and Latin America Fund co-led a secondary round for the blockchain-focused investment group at a $10bn valuation, participating with fellow corporate Alphabet’s CapitalG unit.
Daily Deal Round Up: October 5, 2021
SoftBank’s SB Opportunity Fund took part in international staffing services provider Ontop’s $20m series A round while Emtek bcame digital payment processor Nium’s latest corporate shareholder.
SoftBank sheds $1.69bn of Coupang shares
SoftBank has divested 57 million of its 625 million shares in the NYSE-listed e-commerce marketplace, having invested $3bn between 2015 and 2018.
Daily Deal Round Up: September 20, 2021
Ideo contributed to female-focused debit card provider Sequin’s $5m seed round while Nikon has exited motion data software developer Wrnch.
Daily Deal Round Up: September 15, 2021
Online furniture retailer Gaia, warehouse robot provider Locus Robotics, recruitment platform developer Canvas and ESG software producer Measurabl all raised $50m.
Daily Deal Round Up: August 20, 2021
M12 backed three deals in recent days, including a $50m series D round for Split.io that also featured fellow corporates Atlassian and ServiceNow.