PragmatIC Semiconductor closed a $125m Saudi Aramco-backed series C round while Manulife provided $100m in funding for EDF spinoff PowerFlex.
Funds
Go-Ventures, the coprorate venture capital subsidiary of Indonesia-based ride hailing and e-commerce group GoTo, has raised almost $174m for its second fund, according to a securities filing. The fund has 20 financial backers and a $200m target for its close.
Finland-based digital business group Sofokus has formed an investment arm dubbed Digital Heart Capital II, after its predecessor launched in 2020. The second fund will target digital…