Bank of Montreal provided debt and equity financing for industrial product marketplace Inxeption, which raised $275m, while smart home product maker Orvibo received $158m.
Funding
Inxeption, the US-headquartered operator of a digital commerce platform for industrial products, has raised $125m in series E equity funding from financial services firm Bank of Montreal (BMO), Schonfeld Strategic Advisors – which led the round – and existing backers including Coatue Management. The cash was secured together with $150m in debt financing from BMO and an undisclosed additional lender.
China-based smart home product manufacturer Orvibo has secured RMB1bn ($158m) from investors including furniture brand Suofeiya Home Collection and…
