India-based food ordering service Swiggy has secured $700m in a series K round featuring internet groups Prosus’ subsidiary Prosus Ventures and Smile Group.
Aerospace manufacturer Boeing invested $450m in US-based flying taxi developer Wisk, highlighting the interest from the industry in commercially viable vertical take-off and landing (VTOL) vehicles.
FTX US, part of Bahamas-registered cryptocurrency marketplace operator FTX Trading, raised $400m in a series A round featuring internet and telecommunications group SoftBank’s Vision Fund 2 at an $8bn valuation.
US-based accountancy and consulting firm Deloitte’s Canadian subsidiary launched a CVC unit called Deloitte Ventures with $119m in capitalisation.
Internet group Baidu and carmaker Zhejiang Geely Holding Group provided $400m in series A funding for their China-based electric vehicle joint venture, Jidu.
US-based digital therapeutics developer Akili Interactive agreed to a $1bn reverse merger, marking exits for pharmaceutical firms Merck Group, Amgen and Shionogi & Co.
US-based electric vehicle battery developer Factorial Energy completed a $200m series D round co-led by carmakers Mercedes-Benz and Stellantis.
Tuhu, the China-based owner of an online marketplace for car maintenance services, has filed for an initial public offering on the Hong Kong Stock Exchange that could mark exits for internet groups Baidu and Tencent.
US-based cancer treatment developer ImmPact Bio picked up $111m in a series B round from investors including pharmaceutical firms Bukwang Pharmaceutical and Novartis, the latter through its CVC unit Novartis Ventures Fund.
Sigfox, the France-headquartered internet-of-things (IoT) technology provider, has filed for bankruptcy protection.
Marcelo Claure, chief operating officer at Japan-headquartered telecommunications and internet group SoftBank Group and the driving force behind its Latin America corporate venturing funds, is leaving the company.