"Deutsche Telekom" Archives - Global Venturing Review

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Instacart snips valuation to $24bn

US-based online grocery delivery service Instacart, which is backed by corporates American Express, Comcast and Amazon, is cutting its valuation from $39bn to $24bn.

GoTo gets $1.1bn in initial public offering

GoTo Group, the Indonesia-based joint venture between ride hailing platform operator Gojek and e-commerce group Tokopedia, has floated in a $1.1bn IPO.

AN2 Therapeutics prices $69m IPO

US-based lung disease therapy developer AN2 Therapeutics, which counts pharmaceutical firm Brii Biosciences as a backer, has raised $69m in an IPO.

Liberty Strategic Capital to buy Zimperium for $525m

US-based mobile security platform developer Zimperium, which counts corporates SoftBank, Telstra, Toyo Corporation and Samsung as investors, agreed to a $525m acquisition by private equity firm Liberty Strategic Capital.

LetsGetChecked to buy Veritas Genetics

At-home diagnostic test provider LetsGetChecked agreed to acquire US-based genetic testing technology developer Veritas Genetics for an undisclosed sum, providing exits for pharmaceutical firms Eli Lilly and Jiangsu Simcere Pharmaceutical.

JD Property houses $800m

E-commerce group JD.com’s real estate services subsidiary, JD Property, has raised approximately $800m in series B funding.

WeRide zooms to $400m

China-based autonomous driving technology producer WeRide has raised $400m from investors including car manufacturer GAC and industrial technology and appliance manufacturer Robert Bosch.

Soterea buckles up $204m

Insurance group Ping An has led an over $204m series B round for China-based driving safety technology provider Soterea.

Nova Labs surges to $200m series D

US-based decentralised wireless communications technology provider Helium rebranded to Nova Labs, having secured $200m in series D funding from investors including Alphabet, Goodyear, Liberty Global and Deutsche Telekom.

Deepki tracks Statkraft to raise $167m

Deepki, the creator of a software platform which tracks ESG data for the real estate sector, secured $167m in series C funding from investors including power producer Statkraft.

LayerZero Labs stacks up $135m

Canada-based blockchain technology developer LayerZero Labs secured $135m in a funding round co-led by cryptocurrency exchange FTX.

Tishman Speyer tips $100m into venture fund

US-based real estate developer Tishman Speyer has raised $100m for a property technology-focused venture capital fund.

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Anchorage Digital holds down $350m series D funding

Cryptocurrency assets platform provider Anchorage Digital raised $350m in a series D round featuring quantitative trading firm Alameda Research, cryptocurrency exchange Kraken and investment banking firm Goldman Sachs as institutional’ investors are set to move further into the crypto space.

Claroty clutches $400m series E

Energy management system provider Schneider Electric and internet group SoftBank have co-led a $400m series E round for US-based cybersecurity provider for Internet of Things networks Claroty, through their respective subsidiaries SE Ventures and Vision Fund 2.

Svolt swerves to $943m in series B-plus funding

Svolt Energy Technology, a battery technology developer spun out of carmaker Great Wall Motor, has closed a $943m series B-plus round featuring corporates including Laser equipment maker Han’s Laser Technology and car light producer Changzhou Xingyu Automotive Lighting Systems.

Airtable raises $735m series F

Low-code workplace collaboration software provider Airtable raised $735m in series F funding at a pre-money valuation of $11bn with backing from Salesforce Ventures.

Flink flies to $750m series B

Food delivery service DoorDash led $750m in a series B round that raised equity and debt for Germany-based grocery ordering app operator Flink, the latest in a wave of companies moving into corporate venturing in the food services sector.

Clikalia snaps up $518m

Spain-headquartered property transaction tool provider Clikalia has received $518m from investors including Mouro Capital, the venture capital firm formed and sponsored by financial services firm Santander, representing one of the largest funding rounds in Spain.

SenseTime postpones IPO plans

A week after setting a $767m target for its IPO, SenseTime, a China-based AI system producer backed by corporates Alibaba, Qualcomm, SoftBank, Suning and Dalian Wanda, has paused its plans to go public in Hong Kong after being blacklisted in the United States last Friday.

Zoom, Cisco back Mio in $8.7m series A

US-based cross-platform chat interoperability provider Mio secured $8.7m in series A funding co-led by video conferencing platform operator Zoom and computing and IT group Cisco, the latter through its strategic investment arm Cisco Investments.

Deutsche Telekom helps Everphone raise $200m

Telecommunications firm Deutsche Telekom participated in a $200m financing round for electronic device services provider Everphone.

SoftBank spends big in Latin America

Internet and telecommunications group SoftBank had a big week in Latin America – specifically, in Brazil – where it invested in multiple nine-figure rounds, including into e-commerce marketplace Olist, consumer credit platform Open Co and corporate catering services provider ezCater.

Hulic builds corporate venturing vehicle

Japan-headquartered property developer Hulic launched a corporate venturing subsidiary called Hulic Startup late last month, forming a $17.6m vehicle.