17 January 2022 – Tencent Helps Serve Up $100m for Flipdish

Tencent helps serve up $100m for Flipdish

Internet and gaming group Tencent led a funding round for Flipdish, the Ireland-based developer of a customer experience software platform, sized at approximately $100m, highlighting the steady digitalisation of the hospitality industry.

Roche rounds up $290m for Freenome

Pharmaceutical firm Roche invested $290m in US-based cancer detection technology developer Freenome, whose platform combines molecular biology and machine learning to detect cancer in the early stages through a routine blood draw.

Placer.ai finds space for $100m

Commercial property developer Majestic Realty took part in a $100m series C round for US-based footfall data software provider Placer.ai, bringing its overall funding to $166m and valuing the company at $1bn. It is the latest investment by a property developer in the building analytics space.

GoStudent grabs $340m in series D

Austria-based online tutoring services provider GoStudent has closed a $340m series D round led by internet group Prosus at a $3.4bn valuation.

Tul twigs to $181m series B

Colombia-headquartered hardware marketplace Tul has secured $181m in series B funding from investors including SoftBank’s Latin America Fund, as construction technology continues to prosper in Latin America.

Delivery Hero gets $150m Rappi return

Local food delivery service provider Delivery Hero has sold $150m of shares in Colombia-based delivery service Rappi, as food delivery services continue to grow around the world.

SoftBank gets $100m to Gousto

Internet and telecommunications conglomerate SoftBank’s Vision Fund 2 has invested $100m in UK-based meal kit subscription service Gousto with a combination of new and secondary share purchases at a valuation of $1.75bn.

Carsome drives to $290m in series E

Malaysia-based automotive marketplace operator Carsome received $290m in series E funding from investors including conglomerates Gokongwei Group, Sunway and YTL Group as the online used car market booms.

New York Times agrees $550m Athletic purchase

Media company The New York Times has agreed to purchase US-headquartered online sports media platform The Athletic in a $550m deal that allows media group Bertelsmann and mass media company Comcast to exit.

Mitsubishi Electric mints corporate VC vehicle

Japan-based electrical equipment manufacturer Mitsubishi Electric launched the $43.7m ME Innovation Fund with venture capital firm Global Brain.


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

10 January 2022 – SenseTime Sees $851m in Initial Public Offering

SenseTime scores $851m in initial public offering

China-based computer vision technology provider SenseTime, which floated in Hong Kong in a $851m IPO late last month, marking exits for Corporate investors SoftBank, Qualcomm, Alibaba, Suning and Dalian Wanda.

Lineage successfully lines up $1.7bn

US-headquartered cold supply chain service Lineage secured $1.7bn from investors including financial services firm Rabobank, representing one of the largest corporate-backed rounds for a logistics provider in recent months.

Miro onboards $400m in funding

Miro, a US-based collaboration software provider for remote working, completed a $400m series C round featuring enterprise software provider Salesforce and software development technology producer Atlassian at a $17.5bn valuation post-money, as cash continues to flow to remote working technology.

OpenSea’s valuation exceeds $13bn in $300m round

NFT marketplace operator OpenSea, which counts corporates Coinbase, Animoca Brands and Gumi as backers, received $300m in series C funding, further highlighting the growing popularity of digital blockchain-based assets.

Alto attracts $40m series B

Advance Venture Partners, the investment affiliate of media group Advance Publications, led a $40m series B round for Alto Solutions, a US-based retirement investment platform developer which offers options including crypto investing.

Mojo Vision mops up $45m

Augmented reality (AR) and smart contact lens technology developer Mojo Vision secured $45m in series B-1 funding from multiple corporates, strengthening its hand in a competitive wearable technology market.

Dunzo zooms to $240m

Dunzo, the India-based provider of a consumer product delivery app, raised $240m in a funding round led by Reliance Retail, the retail subsidiary of conglomerate Reliance Industries.

GenFleet generates $75m in series C funding

Baidu Ventures, a subsidiary of internet company Baidu, took part in a $75m series C round for China-based immuno-oncology therapeutics developer GenFleet Therapeutic.

Focal Systems hauls in series B funding

Retail automation technology provider Focal Systems has secured $25.8m in a series B round featuring workplace performance data and management software provider Zebra Technologies, as brick-and-mortar retailers integrate more automated technology.


“Funky Chunk” Kevin MacLeod (incompetech.com)
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20 December 2021 – Anchorage Digital Holds Down $350m Series D Funding

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.


“Funky Chunk” Kevin MacLeod (incompetech.com)
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13 December 2021 – Arm Eyeing IPO Amid Nvidia Deal Uncertainty

Arm eyeing IPO amid Nvidia deal uncertainty

UK-based semiconductor technology producer Arm would look to have an initial public offering (IPO) as a backup plan if its planned acquisition by fellow chipmaker Nvidia were to fall through, a source told Global Corporate Venturing.

SenseTime sets $767m target for IPO

SenseTime, a China-headquartered artificial intelligence technology provider that counts corporates Alibaba, Qualcomm, SoftBank, Suning and Dalian Wanda as investors, is reportedly seeking up to $767m in its initial public offering.

Nubank nabs $2.6bn in IPO

Nu Holdings, the Brazil-based owner of neobank Nubank, which counts internet company Tencent and conglomerate Berkshire Hathaway as investors, secured $2.6bn in an IPO priced at $9 apiece – at the top of its range.

Tencent makes Tyme in $180m series B

Singapore-based digital banking network Tyme expanded its series B round to $180m with $70m in new funding from internet and gaming group Tencent and development finance institution CDC Group, highlighting the further international expansion of digital banking.

GV gees up Freenome’s $300m series D

Internet and technology group Alphabet’s GV subsidiary took part in a $300m series D round for US-based cancer detection technology developer Freenome, further expanding its life sciences portfolio.

Whydah wins $25m to push play-to-earn gaming

Vietnam-based blockchain game studio Whydah secured $25m from investors including gaming guild Good Guild Games, decentralised technology provider Mask Network and blockchain technology developer KardiaChain as the market for play-to-earn (P2E) gaming continues to intensify.

Binance and Animoca Brands form $200m fund

Cryptocurrency exchange Binance’s Smart Chain subsidiary launched a $200m blockchain gaming investment scheme with digital entertainment and blockchain technology developer Animoca Brands.

Genesys generates $580m in Zoom-backed round

UK-based customer engagement software provider Genesys secured $580m from investors including Zoom, forming part of a significantly expanded portfolio for the video conferencing platform developer in 2021.

Jokr plays series B card to raise $260m

On-demand grocery delivery startup Jokr secured $260m in series B funding from investors including HV Capital, the venture capital firm backed by publisher Holtzbrinck, at a $1.2bn valuation.


“Funky Chunk” Kevin MacLeod (incompetech.com)
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06 December 2021 — Essentium Shines with $974m Reverse Merger

Essentium shines with $974m reverse merger

Essentium, a US-based additive manufacturing technology developer backed by chemicals producer BASF and 3D printing software provider Materialise, agreed to list through a reverse takeover.

Selina seals reverse merger deal

Selina, a US-based operator of short-term accommodation and co-working spaces, agreed a reverse takeover with a SPAC called BOA Acquisition Corp, which went public on the New York stock exchange in a $200m IPO in February this year.

Jobandtalent recruits SoftBank for $500m series E

Spain-based temporary job portal operator Jobandtalent has raised $500m in series E equity funding from investors including telecommunications and internet group SoftBank’s Vision Fund 2.

Commonwealth Fusion Systems sparks $1.8bn series B

US-based fusion energy technology developer Commonwealth Fusion Systems raised more than $1.8bn in a its series B round featuring internet technology conglomerate Alphabet and petroleum suppliers Eni and Equinor.

Panther Labs roars to $120m series B

Security analytics platform developer Panther Labs received $120m in a series B round featuring Snowflake Ventures, the corporate venturing subsidiary of data management software provider Snowflake, at a $1.4bn valuation.

CyCognito hacks $100m funding round

Cybersecurity software provider CyCognito received $100m in funding from investors including diversified conglomerate The Heritage Group at a valuation of $800m.

WM Motor refuels with $457m

China-based electric vehicle manufacturer WM Motor secured $152m in a series D2 round led by property developer Agile Group.

Via drives to $130m series G round

US-based mobility technology provider Via secured $130m in a series G round featuring conglomerate Koch Industries’ corporate venturing subsidiary, Koch Disruptive Technologies, at a $3.3bn valuation.

CloudTrucks floats to $115m series B

Freight forwarder Flexport took part in a $115m series B round for US-based trucking efficiency software provider CloudTrucks, valuing it at $850m.

Zepeto secures $190m in series B

South Korea-based metaverse platform Zepeto has raised approximately $190m in a series B round led by telecommunications and internet group SoftBank’s Vision Fund II.

Drone Fund 3 flies to final close

Japan-based, drone-focused investment firm Drone Fund has received the equivalent of $44.2m from multiple investors to close its third and latest fund at its $95m target.

Allegion Ventures allocates $100m to second fund

Allegion Ventures, the strategic investment arm of Ireland-headquartered security equipment producer Allegion, announced a $100m second fund, which will invest in developers of technology capable of making buildings safer.

Legend Capital lets in $177m for healthcare fund

Legend Capital, the China-headquartered venture capital firm formed by conglomerate Legend Holdings, reached a $177m first close of its third US dollar-denominated healthcare fund.


“Funky Chunk” Kevin MacLeod (incompetech.com)
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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

22 November 2021 – Braze Breaches Public Markets in $520m IPO

Braze breaches public markets in $520m IPO

US-based customer engagement technology provider Braze floated on the Nasdaq Global Select Market in a $520m IPO, marking an exit for financial services firm Citi.

Expensify executes $302m initial public offering

Expensify, the US-based expense management software producer backed by cybersecurity services provider Barracuda Networks, closed its own IPO at $302m.

SoundHound sorts out $2.1bn reverse merger

SoundHound, a US-based voice intelligence software provider backed by corporates Tencent, Daimler, Hyundai, Midea Group, Orange, Sompo, Samsung, Nvidia and Recruit, agreed to list through a reverse takeover with Archimedes Tech SPAC Partners Co at a pro forma valuation of $2.1bn.

Gett hails reverse merger deal

Israel-based ride hailing service Gett, which counts carmaker Volkswagen and conglomerate Access Industries as backers, agreed to a $1bn reverse takeover with special purpose acquisition company Rosecliff Acquisition Corp I.

Lacework leans into $1.3bn

Cybersecurity software provider Lacework received $1.3bn in funding from investors including data software producer Snowflake and mass media group Liberty Global.

Gemini signs up for $400m round

Cryptocurrency trading and storage platform developer Gemini secured $400m in funding from investors including financial services firm Commonwealth Bank of Australia, with Morgan Creek Capital’s Morgan Creek Digital subsidiary leading the round at a $7.1bn valuation.

Forte blocks in $725m in funding

Blockchain gaming technology developer Forte, which provides blockchain technology that enables game developers to create internal economies for video games through NFTs, raised $750m in a series B round backed by multiple gaming and media corporates.

Expel gets series E $140m injection

Internet and technology group Alphabet’s growth-stage investment vehicle, CapitalG, co-led a series E round for US-based cybersecurity technology developer Expel sized at over $140m.

FBN harvests $300m in funding

Online farmer network platform Farmer’s Business Network (FBN) raised $300m in a series G round featuring food processing and commodities trading company ADM and internet and technology conglomerate Alphabet, which invested respectively through their ADM Ventures and GV units.

3one4 Capital takes Krafton-backed fund to $135m

India-based venture capital firm 3one4 Capital aims to roughly double the size of a third fund, backed by game developer Krafton, to approximately $202m.

Corporates bet on $100m Bits x Bites fund

China-based agriculture and food-focused venture capital firm Bits x Bites has closed its second fund at $100m with backing from corporates Esco Lifesciences, Syngenta, Adisseo and Wilbur Ellis.


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

15 November 2021 – Rivian Motors to $11.9bn IPO

Rivian motors to $11.9bn IPO

US-based electric truck developer Rivian went public on the Nasdaq Global Select Market in an $11.9bn IPO that marked the exits for corporates Amazon, Ford, Cox Enterprises, Sumitomo and Abdul Latif Jameel.

Paytm puts together $2.5bn IPO

One97 Communications, the owner of payments service Paytm, is set to raise $2.5bn in its IPO.

Nykaa nabs $721m in initial public offering

FSN E-Commerce Ventures, the corporate-backed operator of fashion e-commerce platform Nykaa – an online beauty, personal and pet care product marketplace that also offers its goods through more than 80 brick-and-mortar retail partners across India – secured more than $721m in its initial public offering.

PharmEasy fishes for $842m in IPO

API Holdings the corporate-backed owner of India-based digital drugstore operator PharmEasy, filed for an IPO equal to $842m on the Securities and Exchange Board of India.

DoorDash orders up $8.1bn Wolt acquisition

Online food ordering service DoorDash agreed to acquire Wolt, a Finland-based food and consumer delivery service that counts internet group Prosus as an investor, in a €7bn ($8.1bn) all-share deal.

GoTo gets $1.3bn in pre-IPO funding

GoTo Group, the Indonesia-based company formed by the merger of e-commerce marketplace Tokopedia and ride hailing service Gojek, reportedly secured over $1.3bn from investors including Google and Tencent as it prepares to go public at a valuation of up to $30bn.

Xiaohongshu sells corporates on $500m round

China-based social commerce app developer Xiaohongshu has reportedly raised $500m from investors including internet group Tencent and e-commerce firm Alibaba.

Lime scoots to $523m in financing

US-based urban mobility service Lime – which provides electric scooter and bicycle rental services in 120 cities worldwide – has raised $523m in convertible debt and term loan financing from investors including ride hailing service Uber.

FTX, Solana and Lightspeed launch $100m fund

Cryptocurrency exchange FTX and US-headquartered public blockchain platform developer Solana’s corporate venturing unit, Solana Ventures, have launched a $100m gaming fund with venture capital firm Lightspeed Venture Partners.

Cadenza catches investors for $50m crypto fund

US-based venture capital firm Cadenza Ventures has raised $50m for an early-stage cryptocurrency-focused vehicle anchored by mutual fund manager VanEck Associates.

Emerson establishes $100m investment fund

Emerson, a US-headquartered producer of manufacturing automation technology, has launched a $100m corporate venturing vehicle called Emerson Ventures, with plans to deploy that capital over the next five years.


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

08 November 2021 – Terran Takes Off with $1.58bn Reverse Merger

Terran takes off with $1.58bn reverse merger

Terran Orbital Corporation, a US-based satellite services provided backed by aerospace and defence manufacturer Lockheed Martin, has agreed to a reverse merger with special purpose acquisition company Tailwind Two Acquisition Corp.

Nubank files for dual listing

Nubank, a digital bank operator backed by corporates Tencent and Berkshire Hathaway, filed for a dual initial public offering (IPO) yesterday in the United States and its home country of Brazil.

Delhivery to ship in $998m through IPO

Delhivery, a FedEx and SoftBank-backed logistics service provider based in India, filed for an initial public offering that will be sized at up to $998m.

Udemy completes route to IPO

US-based online education provider Udemy secured approximately $421m in an IPO the Nasdaq Global Select Market , providing exits for internet group Prosus and remote learning service Benesse.

Coca-Cola fortifies itself with Bodyarmor

Beverage producer Coca-Cola Company acquired portfolio company Bodyarmor, a US-headquartered sports drink brand, at a valuation of approximately $6.59bn.

Everlaw earns $202m in series D round

US-based developer of legal data software provider Everlaw raised $202m yesterday in a series D round that included CapitalG, the growth-stage investment arm of internet and technology conglomerate Alphabet.

Mythical Games gets $150m to play with

US-based blockchain game developer Mythical Games raised $150m in a series C round featuring cryptocurrency exchanges Binance and FTX, bringing its total funding to over $270m.

Sfermion hits close of $100m Fund II

Sfermion, a US-based non-fungible token (NFT) focused investment firm, has closed its second fund at $100m with backing from blockchain app developer Animoca Labs and trading firm Capital Markets Trading.

Fox starts $100m NFT fund

Fox, a US-based media group, has set up a $100m corporate venturing fund for digital creators as part of a new business unit, Blockchain Creative Labs.

Walden Catalyst Ventures tops $550m for first fund

Walden Catalyst Ventures, the US-based venture capital firm co-founded by ex-employees of South Korea-headquartered consumer electronics producer Samsung’s Catalyst Fund, closed its debut fund at over $550m.

Open Labs launches $100m fund

Indonesia-based brand aggregator Open Labs has launched a $100m fund to acquire direct-to-consumer (D2C) brands.


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

01 November 2021 – Rent the Runway Lands $357m in IPO

Rent the Runway lands $357m in IPO

US-based fashion rental service Rent the Runway – which operates an online platform that allows customers to rent high-fashion items through a subscription service – has gone public on the Nasdaq Select Market in a $357m IPO, which marks an exit for existing backers media group Advance Publications and payment services firm American Express.

Xilio Therapeutics tunes into $118m IPO

Xilio Therapeutics, a US-based cancer immunotherapy developer backed by pharmaceutical firms Takeda, Merck & Co, Ipsen and Merck Group, floated on Friday in an initial public offering sized at almost $118m.

Nubank looks to cash in IPO

Nu Holdings, the holding entity for Brazil-based digital bank operator Nubank, announced that it had confidentially filed a draft registration for an IPO. The IPO would mark an exit for internet and gaming group Tencent and Warren Buffet’s Berkshire Hathaway,

Fluence flies on to Nasdaq in $868m IPO

Fluence, the Germany-based energy storage system provider launched by industrial equipment producer Siemens and electric utility AES, floated the Nasdaq Global Market in an $868m initial public offering.

Truepill swallows $142m in series D round

US-based patient engagement software provider Truepill, which is backed by healthcare provider Optum, closed its series D round at $142m, provided by Investment advisory firm TI Platform Management and Initialized Capital.

DNA Script prints $165m series C details

France-based synthetic DNA producer DNA Script secured $165m in a series C round featuring corporates Merck Group, Illumina, Danaher and Agilent Technologies.

Medable moves to next stage with $304m

Medable, a US-based developer of clinical trials management software – whose cloud-based software allows researchers to carry out decentralised trials complete with remote design, evaluation and management solutions – raised $304m in series D funding at a $2.1bn valuation.

Immunai imports $215m in series B funding

Koch Disruptive Technologies, a corporate venturing subsidiary of chemicals and energy conglomerate Koch Industries, led a $215m series B round for US-based cancer therapy database developer Immunai.

Swiss Re backs Paytm Insurtech

Reinsurance provider SwissRe has agreed to invest the equivalent of $123m in India-based digital financial services provider Paytm’s insurance arm, Paytm Insurtech.

Acko attracts $255m in series D funding

India-based online insurance platform Acko has raised $255m in a series D round featuring insurance providers Munich Re and Intact Financial at a valuation of $1.1bn

Exelon to escort diverse founders to $36m fund

US-based electric, gas and nuclear utility Exelon formed a $36m investment vehicle dubbed Racial Equity Capital Fund in a bid to back minority-owned companies.

SoftBank uncovers second China-focused fund

Telecommunications and internet conglomerate SoftBank’s SoftBank Ventures Asia arm has formed a second China-focused vehicle.

Investors serve Bread and Butter Ventures with $27m

US-based venture capital firm Bread and Butter Ventures launched a $27m third fund on Tuesday featuring limited partners including logistics group Atco, brewery Bernick’s and carmaker Toyota’s CVC Toyota Ventures.

Ecosia collates $405m World Fund

Germany-based ecologically-minded search engine operator Ecosia formed a venture capital vehicle dubbed World Fund, with a $405m targeted close, aimed at supporting entrepreneurs working to tackle climate change.


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