Podcast: Play in new window | Download
CommerzVentures collects $335m for third fund
CommerzVentures, the venture capital firm financed by Germany-based financial services firm Commerzbank, launched its $335m third fund.
SoftBank delivers $425m for Weee
Internet and telecommunications group SoftBank’s Vision Fund 2 led a $425m series E round for Weee, a US-based delivery service focusing on ethnic and geography-specific groceries.
Payhawk flies to $215m
UK-headquartered business payments and expense management platform developer Payhawk, extended its series B round to $215m.
Fabric threads in $140m series C
Fabric, a US-based e-commerce software provider, has received $140m in a series C round led by SoftBank at a valuation of about $1.5bn, lifting the company into unicorn status.
99 Minutos gets $82m series C delivery
Mexico-based last-mile delivery platform 99 Minutos secured $82m in series C funding from investors including Prosus Ventures, the corporate venturing arm of internet group Prosus.
Kin kindles series D round with $82m
US-based online home insurance provider Kin Insurance received $82m in series D funding from investors including insurance provider CSAA Insurance Group.
Balbix gets $70m in series C round
Balbix, a US-based provider of cybersecurity posture automation technology, received $70m in a series C round backed by Singtel Innov8, the corporate venturing arm of telecommunications company Singtel.
Pocket FM tunes in to $65m
Internet group Naver co-led India-based audio streaming platform developer Pocket FM’s $65m series C round as the popularity of podcasts and other non-music audio content grows.
Biomason bags $65m in series C round
US-headquartered biological construction material developer Biomason secured $65m in series C funding from investors including pharmaceutical firm Novo and building materials provider Martin Marietta.
Worldspark plays for $3m seed round
Blockchain-based gaming developer Worldspark Studios received $3m in a seed round co-led by gaming and blockchain technology developer Animoca Brands.
“Funky Chunk” Kevin MacLeod (incompetech.com)
Licensed under Creative Commons: By Attribution 3.0