SoftBank's Vision Funds took part in a $260m series F round for online finance provider Creditas and led last-mile delivery service Paack's $225m series D.

Funding Brazil-based online finance provider Creditas raised $260m yesterday in a series F round featuring telecommunications and internet group SoftBank’s Vision Fund 1 and Latin America Funds at a $4.8bn valuation. Investment and financial services group Fidelity also took part, as did Actyus, Greentrail Capital, QED Investors, VEF, Kaszek Ventures, Lightock, Headline, Wellington Management and Advent International’s Sunley House Capital affiliate. SoftBank’s Vision Fund 2 has led a €200m ($225m) series D round for Spain-headquartered last-mile delivery service Paack, TechCrunch reported yesterday. Infravia Capital Partners, First Bridge Ventures, Endeavor Catalyst, Unbound, Kibo Ventures, Big Sur Ventures, RPS Ventures, Fuse Partners, Rider Global and Castel Capital also contributed to the round along with private investor Iñaki Berenguer. US-headquartered gene editing technology developer Metagenomi completed a $175m series B round yesterday featuring pharmaceutical producers Bristol Myers Squibb, Novo, Moderna and Bayer, the last through its Leaps by Bayer subsidiary. The round was co-led by PFM Health Sciences, Farallon Capital Management and an unnamed investment firm while Eventide Asset Management, Deep Track Capital, Frazier Life Sciences, Pura Vida Investments, Irving Investors, Millennium Management, Surveyor Capital, Marshall Wace, RA Capital Management and Humboldt Fund also participated. US-based data lake software provider Dremio raised $160m in series E funding yesterday from investors including Cisco Investments and DTCP, which took part on behalf of networking technology producer Cisco and telecoms firm Deutsche Telekom respectively, at a $2bn valuation. Adams Street Partners led the round, which included Sapphire Ventures, Insight Partners, Lightspeed Venture Partners, Norwest Venture Partners and StepStone Group. GV, the subsidiary of internet and technology group Alphabet formerly known as Google Ventures, co-led a $140m series B round for Netherlands-headquartered respiratory virus drug developer Leyden Laboratories yesterday. Casdin Capital co-led the round, which also featured internet and telecoms group SoftBank’s Vision Fund 2, investment and financial services group Fidelity’s F-Prime Capital vehicle, Invus, Bluebird Ventures and Byers Capital. Vali Barsan of Softbank Investment Advisers, which manages Vision Fund 2, is taking a board seat at Ledyen in connection with the round. SparkCognition, a US-based developer of enterprise-focused artificial intelligence software, completed a $123m series D round yesterday backed by AEI Horizon X, the joint venture between aerospace manufacturer Boeing and private equity firm AE Industrial Partners. The round valued the company above $1.4bn and included March Capital, Doha Venture Capital, B Riley Venture Capital, Temasek and private investors Alan Howard and Peter Löscher. Instadeep, a UK-headquartered developer of intelligent decision-making software, secured $100m in series…

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Robert Lavine

Robert Lavine is special features editor for Global Venturing.