14 March 2022 – LanzaTech lands $2.2bn reverse takeover agreement

LanzaTech lands $2.2bn reverse takeover agreement

LanzaTech, a US-based carbon capture technology developer backed by corporates ArcelorMittal, Mitsui, Novo, Siemens and Petronas, agreed to a $2.2bn reverse merger with special purpose acquisition company AMCI Acquisition Corp II.

MUFG to explore India with $300m vehicle

Japan-headquartered financial services firm MUFG formed a $300m India-focused investment vehicle called MUFG Ganesha Fund.

Forto ships in $250m

Germany-headquartered freight forwarding software producer Forto secured $250m in a series D round featuring internet and telecommunications group Softbank’s Vision Fund 2 and AP Moller Holding, owner of shipping firm AP Moller – Maersk.

Roofstock builds $240m series E

Property investment technology developer Roofstock has raised $240m in a series E round led by internet and telecommunications group SoftBank’s Vision Fund 2.

Axonius executes $200m series E

US-headquartered cybersecurity management software provider Axonius completed a $200m series E round featuring DTCP, the investment manager backed by telecommunications firm Deutsche Telekom.

DNAnexus draws $200m in funding

DNAnexus, a provider of biomedical data analysis software, raised $200m in funding from investors including GV, a corporate venturing subsidiary of internet and technology conglomerate Alphabet.

Autobrains drives to $120m series C

Israel-based self-driving technology developer Autobrain, has closed its series C round at $120m, featuring investors including automotive producers BMW and VinFast as well as car parts producers Continental and Knorr-Bremse.

Cake DeFi launches $100m venture unit

Singapore-based decentralised finance services provider Cake DeFi launched a venture capital unit called Cake DeFi Ventures, which is capitalised to the tune of $100m.

Tencent helps Flash cash in

Brazil-based corporate benefits management service Flash has secured over $100m in series C funding from investors including internet group Tencent.

Colossal Biosciences engineers $60m series A

US-based genetic engineering technology developer Colossal Biosciences received $60m in series A funding from investors including gaming and blockchain technology developer Animoca Brands and game studio Untamed Planet.

Excelero accepts Nvidia acquisition

Semiconductor producer Nvidia acquired Excelero, a US-based flash storage technology developer backed by mobile chipmaker Qualcomm and data storage product manufacturer Western Digital, for an undisclosed sum.


“Funky Chunk” Kevin MacLeod (incompetech.com)
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