21 February 2022 – SoftBank pinpoints Spotter in $200m series D

SoftBank pinpoints Spotter in $200m series D

Internet and telecommunications group SoftBank’s Vision Fund 2 led a $200m series D round for US-based online content financier Spotter at a $1.7bn valuation.

Hy2gen generates $227m in funding

Hy2gen, a Germany-headquartered producer of green hydrogen-based fuels, raised $227m from investors including energy engineering firm Technip Energies, highlighting the increasing popularity of hydrogen in the new energy mix.

Neon glows with $300m from BBVA

Financial services firm BBVA agreed to invest $300m in Brazil-based digital bank Neon in return for a 21.7% stake.

OpenSea organises corporate venturing arm

Non-fungible token (NFT) marketplace OpenSea has launched a corporate venture capital vehicle called OpenSea Ventures to invest in developers of Web3 technology.

Tripledot secures Access to raise $116m

UK-based mobile game developer Tripledot Studios secured $116m from investors including Access Industries at a valuation of $1.4bn.

Homebound builds $75m round

US-based homebuilder Homebound secured $75m in a series C round featuring GV, a corporate venturing vehicle for internet technology conglomerate Alphabet.

HoTeam gets hold of $63m

China-based additive manufacturing technology developer Shandong HoTeam Software completed a $63m series C round led by Legend Capital, the venture capital firm sponsored by conglomerate Legend Holdings.

Sony signals first close for Innovation Fund 3

Consumer electronics and entertainment group Sony reached a first close of its fourth Sony Innovation Fund, which is targeting $217m for final close.

HV Capital launches $489m continuation fund

HV Capital, the Germany-based venture capital firm spun off by publisher Holtzbrinck Publishing Group, launched a $489m continuation fund to continue supporting portfolio companies in later-stage deals.

Animoca Brands unveils Japanese subsidiary and accelerator

Gaming and blockchain technology group Animoca Brands launched a Japan-based subsidiary with $10m in seed funding.

Fujifilm and Tokyu disclose funds

Japan-headquartered corporations Fujifilm and Tokyu Construction have each launched dedicated corporate venturing vehicles that will target startups operating in their respective strategic areas.


“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)
Licensed under Creative Commons: By Attribution 3.0