Gorillas roars to $1bn series C
Germany-based on-demand grocery shopping platform Gorillas raised a series C round sized at almost $1bn, led by food delivery service provider Delivery Hero, which itself made a $235m contribution into the round.
Instacart pulls off $350m Caper AI purchase
Grocery delivery service Instacart is acquiring Caper AI, a US-based smart retail technology producer backed by supermarket chain Red Apple Group, for is $350m.
N26 deposits $900m of series E funding
N26, the Germany-based digital bank that is backed by Tencent and insurance provider Allianz, raised over $900m in series E funding at a post-money valuation in excess in $9bn.
FTX trades on $420m series B-1 round
FTX Trading, the Bahamas-based cryptocurrency exchange backed by internet and communications group SoftBank, crypto exchanges Coinbase and Binance and payment technology provider Circle raised over $460m in a series B-1 round
WBA expands presence in VillageMD in $5.2bn deal
Pharmacy operator Walgreens Boots Alliance (WBA) has paid $5.2bn to increase its stake in US-based primary care provider VillageMD from 30% to 63%.
HT Aero lands $500m
China-headquartered electric vehicle (EV) producer XPeng agreed yesterday to co-lead a series A round for its air taxi developer affiliate, HT Aero, set to be sized at over $500m
Spin Master turns to corporate venturing
Canada-headquartered toy children’s entertainment producer Spin Master launched a strategic investment vehicle called Spin Master Ventures yesterday with $100m of capital.
Alaska Airlines announces $230m investment fund
US-headquartered air carrier Alaska Airlines unveiled a corporate venture capital subsidiary called Alaska Star Ventures yesterday that is equipped with $230m in capital
More corporates dock at Motion Ventures fund
Shipping groups Mitsui OSK Lines (MOL), IMC Group and Signal Group have committed capital to a S$30m ($22.7m) fund run by Singapore-based venture capital firm Motion Ventures.