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SoFi to take Technisys in $1.1bn deal
Online personal finance provider SoFi agreed to acquire US-based digital banking technology provider Technisys in a $1.1bn all-stock transaction.
ElasticRun procures $330m
Internet and telecommunications group SoftBank’s Vision Fund 2 co-led a $330m funding round for ElasticRun, the India-based operator of a business-to-business (B2B) e-commerce platform.
Scipher Medicine unlocks $110m
US-based precision immunology therapy developer Scipher Medicine closed a $110m funding round featuring electronics conglomerate Hitachi and healthcare services provider Optum.
Volta Trucks zaps in $260m
Volta Trucks, developer of commercial electric vehicles, secured $260m in series C funding from investors including logistics services provider Agility.
PrimaryBid stocks up with $190m
Internet and telecommunications group SoftBank’s Vision Fund 2 led a $190m series C round for UK-based online investment platform PrimaryBid.
Cheq marks off $150m series C
Cheq, the Israel-based developer of a cybersecurity software offering for marketing operations, secured $150m in series C funding from investors including insurance provider Phoenix Insurance Company.
Cargill helps Wildtype net $100m
US-headquartered cultivated salmon producer Wildtype closed a $100m series B round that included agribusiness Cargill.
Arcion rebrands with $13m series A
US-based data mobility software developer Blitzz has rebranded to Arcion as it raised $13m in a series A round featuring data analytics software provider Databricks.
Fifth Wall finds corporates for $159m European fund
US-headquartered, real estate-focused venture capital firm Fifth Wall has closed a $159m European fund with backing from several corporate limited partners.
Arkray arcs to Singaporean investment arm
Japan-headquartered healthcare device producer Arkray has announced an $86.8m corporate venture capital initiative in Singapore to invest in early-stage medical technology developers.
“Funky Chunk” Kevin MacLeod (incompetech.com)
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