Essentium shines with $974m reverse merger
Essentium, a US-based additive manufacturing technology developer backed by chemicals producer BASF and 3D printing software provider Materialise, agreed to list through a reverse takeover.
Selina seals reverse merger deal
Selina, a US-based operator of short-term accommodation and co-working spaces, agreed a reverse takeover with a SPAC called BOA Acquisition Corp, which went public on the New York stock exchange in a $200m IPO in February this year.
Jobandtalent recruits SoftBank for $500m series E
Spain-based temporary job portal operator Jobandtalent has raised $500m in series E equity funding from investors including telecommunications and internet group SoftBank’s Vision Fund 2.
Commonwealth Fusion Systems sparks $1.8bn series B
US-based fusion energy technology developer Commonwealth Fusion Systems raised more than $1.8bn in a its series B round featuring internet technology conglomerate Alphabet and petroleum suppliers Eni and Equinor.
Panther Labs roars to $120m series B
Security analytics platform developer Panther Labs received $120m in a series B round featuring Snowflake Ventures, the corporate venturing subsidiary of data management software provider Snowflake, at a $1.4bn valuation.
CyCognito hacks $100m funding round
Cybersecurity software provider CyCognito received $100m in funding from investors including diversified conglomerate The Heritage Group at a valuation of $800m.
WM Motor refuels with $457m
China-based electric vehicle manufacturer WM Motor secured $152m in a series D2 round led by property developer Agile Group.
Via drives to $130m series G round
US-based mobility technology provider Via secured $130m in a series G round featuring conglomerate Koch Industries’ corporate venturing subsidiary, Koch Disruptive Technologies, at a $3.3bn valuation.
CloudTrucks floats to $115m series B
Freight forwarder Flexport took part in a $115m series B round for US-based trucking efficiency software provider CloudTrucks, valuing it at $850m.
Zepeto secures $190m in series B
South Korea-based metaverse platform Zepeto has raised approximately $190m in a series B round led by telecommunications and internet group SoftBank’s Vision Fund II.
Drone Fund 3 flies to final close
Japan-based, drone-focused investment firm Drone Fund has received the equivalent of $44.2m from multiple investors to close its third and latest fund at its $95m target.
Allegion Ventures allocates $100m to second fund
Allegion Ventures, the strategic investment arm of Ireland-headquartered security equipment producer Allegion, announced a $100m second fund, which will invest in developers of technology capable of making buildings safer.
Legend Capital lets in $177m for healthcare fund
Legend Capital, the China-headquartered venture capital firm formed by conglomerate Legend Holdings, reached a $177m first close of its third US dollar-denominated healthcare fund.