11 April 2022 – AMD to pick up Pensando for $1.9bn

AMD to pick up Pensando for $1.9bn

Semiconductor producer AMD agreed to acquire US-based edge computing technology provider Pensando in a $1.9bn deal.

Bolt ties on $1.5bn Wyre purchase

Online checkout software provider Bolt agreed to buy US-based cryptocurrency payment technology developer Wyre in a $1.5bn transaction.

ACA to land majority of BitFlyer

Private equity firm ACA Group has agreed to buy a majority stake in Japan-based cryptocurrency exchange BitFlyer for up to $370m.

Fanatics sports $1.5bn in latest round

Sporting association the National Football League has invested $320m to lead a $1.5bn funding round for US-based online sports memorabilia retailer Fanatics.

Climeworks clasps $646m

Switzerland-headquartered carbon capture technology provider Climeworks revealed it has agreed to raise $646m of equity funding from investors including reinsurance firm Swiss Re.

Near Protocol nets $350m at $10bn valuation

Blockchain deployment platform developer Near Protocol has secured $350m from investors including cryptocurrency exchange FTX’s corporate venturing arm, FTX Ventures.

Grover to grow with $330m series C

Germany-based electronics rental service Grover received $330m in debt and series C equity financing from investors including insurance provider Assurant, media company ProSiebenSat.1 and electronics manufacturer LG.

Softbank helps send $300m to Remote

SoftBank’s Vision Fund 2 led a $300m series C round for Remote, a provider of remote work management tools, at a valuation of $3bn.

Fetch Rewards retrieves $240m

US-based consumer loyalty platform provider Fetch Rewards secured $240m in equity and debt from investors including SoftBank’s Vision Fund 2, mass media company TelevisaUnivision and media data provider NielsenIQ.

Binance.US rakes in $200m

Binance.US, the US-based spinoff of cryptocurrency exchange Binance, secured $200m in seed funding from investors including digital payment platform developer Circle.

SoftBank to slow investment pace

SoftBank is reportedly set to cut down its rate of investment as share prices in tech companies continue to dwindle.

“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