18 October 2021 – Celsius Network Warms Up with $400m in Funding

Celsius Network transacts $400m in funding

Celsius Network, the US-based cryptocurrency services platform developer backed by stablecoin issuer Tether International, received $400m in funding in a round valuing the company at over $3bn.

Trumid traps $208m in funding

US-based online bond trading platform Trumid closed on $208m in funding featuring trading exchange operator Singapore Exchange (SGX) at a reported valuation of $2.4bn.

Halo grabs series C funding

Allianz Life Ventures, a corporate venturing subsidiary of insurance provider Allianz, was among the investors putting $100m into a series C round for Halo Investing, a US-based developer of an online investment tools platform.

Open opts for $100m series C funding

Internet technology provider Google participated in a $100m series C round for India-based neobank Open Financial Technologies.

BetterUp nets $300m in series E funding

US-based professional coaching services provider BetterUp recevied $300m in a series E round featuring enterprise software provider Salesforce’s corporate venturing unit, Salesforce Ventures, at a valuation of $4.7bn.

Hibob hits $150m in series C round

Hibob, a UK-based human resources software provider backed by online recruitment marketplace Seek and conglomerate Sumitomo, hauled in $150m in a series C round led by growth equity firm General Atlantic, hiking its total funding to $274m to date as a $1.65bn valuation.

Swile Benefits from $200m series D round

France-based developer of employee benefits management technology, Swile, raised $200m series D funding led by telecommunications and internet group SoftBank at a valuation of over $1bn.

Sense Photonics Detects $71m exit

Sense Photonics, a US-based developer of lidar technology that offers an ultra-wide field of view, agreed to a takeover deal lidar system producer Ouster, marking an exit to University of California-aligned Congruent Ventures, in an acquisiton worth nearly $71.3m.

BP lays out Blueprint Power acquisition

Another Congruent Ventures company, US-based energy distribution technology platform Blueprint Power, is being taken over by oil and gas company BP for an undisclosed sum.

Munich Re Ventures introduces $500m Fund II

Munich Re Ventures, the corporate venturing subsidiary of Germany-headquartered reinsurance group Munich Re, closed its second fund at $500m.

Hubspot Ventures hatches $100m fund

US-headquartered provider of customer relationship management (CRM) software, HubSpot, launched a $100m investment vehicle through its corporate venture capital arm, HubSpot Ventures.

Thomson Reuters trumpets $100m fund

Canada-headquartered news and information tools provider Thomson Reuters launched a $100m corporate venturing fund aimed at supporting “future professionals”.

Docusign concocts corporate venturing vehicle

US-headquartered electronic signature technology provider DocuSign announced its own corporate venture capital vehicle called DocuSign Ventures.


“Funky Chunk” Kevin MacLeod (incompetech.com)
Licensed under Creative Commons: By Attribution 3.0

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