18 April 2022 – Epic Games scores $2bn in corporate funding

Epic Games scores $2bn in corporate funding

Consumer electronics group Sony and toy brand Lego’s parent company Kirkbi each invested $1bn in US-headquartered video game producer Epic Games at a $31.5bn valuation.

SoftBank to spin off Latin America fund

Internet and telecommunications group SoftBank announced it is spinning off its Latin America Fund into an independent vehicle called Upload Ventures.

Gaojing gathers $251m in series A funding

China-headquartered solar wafer producer Guangdong Gaojing Solar Energy Technology has raised $251m in a series A round featuring solar cell provider Shanghai Aiko Solar Energy and home appliance manufacturer Midea.

Voyager Innovations sails to $210m

Philippines-based financial technology app developer Voyager Innovations received $210m in a funding round led by quantitative trading firm Susquehanna International Group.

Pax8 tacks on $185m

Pax8, the US-based operator of an online marketplace for cloud software products, secured $185m in a funding round led by SoftBank’s Vision Fund 2 at a $1.7bn valuation.

Nord Security raises $100m in first external round

Lithuania-based internet privacy and security software provider Nord Security secured $100m from investors including media company Hubert Burda in its first external round.

Perforce pursues Puppet acquisition

Software development tool provider Perforce agreed to acquire US-based software automation technology developer Puppet for an undisclosed sum, allowing corporates Cisco, VMWare and Alphabet to exit.

Robert Bosch fires off Five acquisition

Industrial technology manufacturer Robert Bosch agreed on acquire UK-based autonomous driving technology developer Five for an undisclosed sum, providing exits for conglomerate Sistema and insurance provider Direct Line.

Northwell brings forth $100m healthcare incubator

US-based healthcare provider Northwell Health launched a healthcare company building platform called Ascertain with venture studio Aegis Ventures.


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

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