09 May – Shopify to buy Deliverr in $2.1bn deal

Shopify to buy Deliverr in $2.1bn deal

E-commerce platform Shopify has agreed to acquire San Francisco-based logistics services provider Deliverr for $2.1bn in cash and stocK.

Coinbase’s takeover talks with 2TM break down

Cryptocurrency exchange Coinbase’s takeover talks with Brazil-based crypto brokerage 2TM, which would have boosted Coinbase’s international expansion, have reportedly broken down.

Zepto receives $200m series D delivery

Zepto, the Indian 10-minute grocery delivery service, has raised $200m in series D funding from investors including healthcare provider Kaiser Permanente.

Porsche leads Group14’s $400m series C

Carmaker Porsche led a $400m series C round for Group14, a US-based developer of a silicon-carbon system for use in lithium-silicon batteries.

GBT reaches unicorn status with $150m series A

Greater Bay Technology (GBT), a China-based fast-charging battery technology developer incubated by automotive manufacturer GAC Group, has closed a $150m series A round.

Veza eases out of stealth

US-headquartered data security software provider Veza has publicly launched with over $110m in funding from investors including internet and technology group Alphabet.

Spotawheel drives to $105m round

Spotawheel, a Greek used car trading platform, is gearing up for expansion with a $105m funding round backed by classifieds portal operator Adevinta and insurer Uniqa.

OMass Therapeutics binds to $100m series B

OMass Therapeutics, a UK-based small molecule drug developer, raised $100m in a series B round co-led by Alphabet and pharmaceutical firm Sanofi.

Nasdaq backs Amberdata‘s $30m series B

Stock exchange operator Nasdaq, Chicago Trading Company and a number of banks backed the $30m series B round for digital asset data provider Amberdata.

HilleVax racks up $200m in its IPO

US-headquartered vaccine developer HilleVax floated on the Nasdaq Global Select Market in a $200m initial public offering enabling pharmaceutical firm Takeda to exit.

Home Depot builds $150m CVC arm

US-listed hardware retailer Home Depot has formed a $150m corporate venture capital arm to identify and support customer experience and home improvement startups.

Corporates help AFH2 reach initial close

Pharmaceutical firms Asahi Intecc, Eisai Corporation and Ohara Pharmaceutical Industries all committed to Africa Innovation & Healthcare Fund (AFH2).


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

29 November 2021 – J&T Express Gets $2.5bn Funding Delivery

J&T Express gets $2.5bn funding delivery

Indonesia-headquartered logistics provider J&T Express has received $2.5bn in funding from investors including internet and gaming group Tencent at a valuation of $20bn as the company is getting set for an initial public offering in Hong Kong in early 2022.

Deliverr captures $250m in series E round

US-based e-commerce fulfilment service Deliverr – which provides logistics and fulfilment services for online merchants such as Amazon, Walmart, Ebay and Target – secured $250m in a series E round featuring logistics, real estate and investment management firm GLP at a $2bn valuation.

Impossible Foods bites down on $500m

Impossible Foods, the US-based vegetarian meat product manufacturer backed by internet and technology conglomerate Alphabet, closed its latest funding round at $500m.

SoftBank backs LTK with $300m

US-based influencer marketing platform developer LTK secured $300m in funding from telecommunications and internet group SoftBank’s Vision Fund 2 at a $2BN valuation.

Ionity plugs into $786m

Ionity, the Germany-headquartered electric vehicle charging network, raised €700m ($786m) from its existing backers in addition to investment management firm BlackRock.

Lancium mines $150m in funding

Conglomerate Hanwha Group led a $150m funding round for US-based renewable energy software developer Lancium through its chemical production subsidiary Hanwha Solutions.

Gemini signs up for $400m round

Digital payment technology provider Mogo revealed it was among the investors in the $400m funding round recently disclosed by US-headquartered cryptocurrency trading and storage platform developer Gemini.

Coinbase buys BRD to boost crypto offering

Cryptocurrency exchange Coinbase has acquired Switzerland-based cryptocurrency wallet developer BRD for an undisclosed sum, marking exits for corporates SBI Holdings, Ripple, OKWave and Credit Saison.

Global-e to absorb Flow Commerce for $500m

Cross-border e-commerce services provider Global-e agreed to acquire US-based cross-border e-commerce tools provider Flow Commerce for up to $500m, marking an exit for corporates American Express and Li & Fung Group.

Vigil Neuroscience files for IPO

US-based neurodegenerative disease drug developer Vigil Neuroscience has filed for an initial public offering on the Nasdaq Global Market, setting a $100m placeholder target for the offering and marking a potential exit for pharmaceutical firm Amgen.

Telenor and CP explore Thai investment vehicle

Norway-headquartered telecommunications firm Telenor and Thailand-based conglomerate CP Group plan to merge their telecommunications subsidiaries in Thailand in a deal worth approximately $8.6bn, as they also plan to collaborate on a joint corporate venturing effort.

Kompas points towards $160m investment vehicle

Kompas, a Denmark-headquartered venture capital partnership has formed a $160m inaugural fund anchored by building materials manufacturer VKR Holding.


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