Decentralised finance technology developer BloXroute raised $70m in a round led by SoftBank Vision Fund 2 while Ackermans & van Haaren helped digital health technology developer Medikabazaar score a $700m valuation.

Funding

Telecommunications and internet group SoftBank’s Vision Fund 2 has led a $70m series B round for BloXroute, a US-headquartered developer of technology that speeds up decentralised finance transactions, Coindesk reported yesterday. Robert Kaplan, investment director for Vision Fund 2 manager SoftBank Investment Advisers, will take a board seat at BloXroute in connection with the round, which included digital asset trading firm GSR, Lightspeed Venture Partners, Dragonfly Capital and ParaFi Capital.

India-based digital health software provider Medikabazaar has received $65m…

Robert Lavine

Robert Lavine is special features editor for Global Venturing.