10 January 2022 – SenseTime Sees $851m in Initial Public Offering

SenseTime scores $851m in initial public offering

China-based computer vision technology provider SenseTime, which floated in Hong Kong in a $851m IPO late last month, marking exits for Corporate investors SoftBank, Qualcomm, Alibaba, Suning and Dalian Wanda.

Lineage successfully lines up $1.7bn

US-headquartered cold supply chain service Lineage secured $1.7bn from investors including financial services firm Rabobank, representing one of the largest corporate-backed rounds for a logistics provider in recent months.

Miro onboards $400m in funding

Miro, a US-based collaboration software provider for remote working, completed a $400m series C round featuring enterprise software provider Salesforce and software development technology producer Atlassian at a $17.5bn valuation post-money, as cash continues to flow to remote working technology.

OpenSea’s valuation exceeds $13bn in $300m round

NFT marketplace operator OpenSea, which counts corporates Coinbase, Animoca Brands and Gumi as backers, received $300m in series C funding, further highlighting the growing popularity of digital blockchain-based assets.

Alto attracts $40m series B

Advance Venture Partners, the investment affiliate of media group Advance Publications, led a $40m series B round for Alto Solutions, a US-based retirement investment platform developer which offers options including crypto investing.

Mojo Vision mops up $45m

Augmented reality (AR) and smart contact lens technology developer Mojo Vision secured $45m in series B-1 funding from multiple corporates, strengthening its hand in a competitive wearable technology market.

Dunzo zooms to $240m

Dunzo, the India-based provider of a consumer product delivery app, raised $240m in a funding round led by Reliance Retail, the retail subsidiary of conglomerate Reliance Industries.

GenFleet generates $75m in series C funding

Baidu Ventures, a subsidiary of internet company Baidu, took part in a $75m series C round for China-based immuno-oncology therapeutics developer GenFleet Therapeutic.

Focal Systems hauls in series B funding

Retail automation technology provider Focal Systems has secured $25.8m in a series B round featuring workplace performance data and management software provider Zebra Technologies, as brick-and-mortar retailers integrate more automated technology.


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

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