Maersk Growth took part in Afresh’s $115m series B round while ZeroFox acquired a Nasdaq listing when it completed a reverse takeover.
M&A
Blockchain-equipped enterprise payment software provider Paystand has acquired Yaydoo, a Mexico-based, Latin America-focused accounts payable management service backed by telecommunications and internet group SoftBank. The transaction size was undisclosed, but Paystand described it in a statement as one of the largest technology company mergers in Mexico and the LatAm region. Yaydoo has raised $21.5m including $20.4m from a series A round featuring SoftBank’s Latin America Fund.
Biopharmaceutical firm Gilead Sciences has agreed to acquire UK-based autoimmune disease therapeutics developer MiroBio for about $405m, allowing SR One, the venture firm spun off by pharmaceutical firm GSK, to exit. MiroBio raised $97m in series B funding from investors including SR One in June this year, three years after a $33.1m series A round.
Fund
US-based air carrier American Airlines has anchored billionaire entrepreneur Bill Gates’ newly formed Breakthrough Energy Catalyst fund with a $100m commitment. The vehicle…
