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Deezer agrees $1.1bn reverse merger
Deezer, the France-headquartered online audio streaming service backed by multiple corporates agreed to go public through a $1.13bn reverse takeover.
Amazon produces $1bn industrial technology fund
US-headquartered e-commerce and cloud services group Amazon announced a $1bn investment vehicle that will back customer fulfilment, logistics and supply chain technology developers.
Stripe commits to carbon removal
US-based payment technology provider Stripe has committed financing to cleantech-focused venture capital fund Lowercarbon, which raised $350m.
Panasonic puts $200m more into Conductive Ventures
Japan-headquartered consumer electronics manufacturer Panasonic provided $200m in capital for US-based venture capital partner Conductive Ventures’ third fund.
Chipotle serves up $50m venture fund
Fast food chain Chipotle Mexican Grill launched a $50m corporate venture capital vehicle.
Upside Foods feeds on $400m
US-based cultivated meat producer Upside Foods completed a $400m series C round backed by multiple corporates at a valuation of over $1bn.
Tessera Therapeutics edits in $300m series C
US-based genomic drug developer Tessera Therapeutics secured over $300m in series C funding from investors including SoftBank’s Vision Fund 2 .
Convoy carries through $260m
US-based trucking services marketplace Convoy secured $260m in debt and series E equity financing from investors including internet and technology group Alphabet’s growth equity arm, CapitalG.
Rapido zips to $180m series D
India-based on-demand ride provider Rapido has received $180m in a series D round led by food delivery service Swiggy at a valuation of $800m.
Foodics fulfils $170m series C order
Internet group Prosus co-led a $170m series C round for Foodics, the Saudi Arabia-based creator of a restaurant management and payment software platform.
Oyster onboards $150m in series C funding
US-based human resources software provider Oyster received $150m in series C funding from investors including corporates Salesforce, Okta, Slack, PayPal and Indeed.com at a valuation of over $1bn.
“Funky Chunk” Kevin MacLeod (incompetech.com)
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