Mobile wallet developer Momo grabbed $200m in a Mizuho Bank-led round valuing it above $2bn while silicon wafer producer Mieke pulled in $188m.

Funding Financial services firm Mizuho Bank has led a $200m series E round for Vietnam-headquartered mobile wallet provider Momo at a valuation exceeding $2bn. Ward Ferry Management and existing backers Goodwater Capital and Kora Management also contributed to the round. China-based silicon wafer manufacturer Jiangsu Meike Solar Technology has secured RMB1.2bn ($188m) in a series B round led by the state-owned Beijing Financial Street Capital and backed by power producer State Power Investment Corp and China Huaneng Group, the latter through subsidiary Huaneng Capital, DealStreetAsia has reported. They were joined by China Merchants Capital, a partnership between warehouse operator GLP and China Merchants Group, in addition to financial services firm China Construction Bank’s CCB Investment unit and private equity firm Cloudview Capital. US-based blockchain infrastructure and services provider Figment has received $110m in series C funding from investors including Binance Labs, a subsidiary of digital currency exchange Binance, as well as cryptocurrency exchange Bitstamp, blockchain scaling technology provider StarkWare and DTCP, which invests on behalf of telecoms firm Deutsche Telekom. The round was led by Thoma Bravo at a $1.4bn post-money valuation and also backed by Morgan Stanley’s Counterpoint Global vehicle, Mirae Asset, ParaFi Capital, Avon Ventures, CMS Holdings, Two Sigma, B Capital Group and Franklin Templeton. Colombia-headquartered buy now, pay later service provider Addi has raised $80m in a series C round featuring internet and telecommunications group SoftBank’s Latin American Fund at a $700m valuation, Forbes Colombia has reported. The round was led by Singaporean sovereign wealth fund GIC and included existing investors Andreessen Horowitz, GGV Capital, Greycroft, Monashees and Union Square Ventures’ Opportunity Fund. The cash was secured alongside $125m in debt financing. Insurance provider PICC Group’s PICC Capital Insurance Asset Management subsidiary has co-led a RMB500m ($78.5m) series A-plus round for China-based RNA therapeutics and vaccine developer NeoCura with private investor Yahui Zhou, DealStreetAsia has reported. CDH Investments, Shunxi Fund and Jiayin Fund filled out the participants in the round, which followed $39m in series A funding from Kunlun Fund, IDG Capital, Alwin Capital and Skycus Capital in 2020 according to DealStreetAsia. Mexico-headquartered digital freight forwarder Nowports has completed a $60m series B round featuring telecoms and internet group SoftBank’s Latin America Fund and Mouro Capital, the venture capital firm spun off by financial services firm Santander. The round was led by investment firm Tiger Global Management and included DST Global, Monashees, Base10 Partners, Broadhaven Ventures and Foundation Capital. India-based online computer education provider InterviewBit has secured…

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Robert Lavine

Robert Lavine is special features editor for Global Venturing.