Three carmakers helped semiconductor producer CanSemi raise $670m while 574 Invest, RATP Group and Groupe Chopard backed a $167m round for vehicle charging network Electra.

M&A

Payroll services provider Talenom has agreed to acquire Nomo, a Spain-based online accounting and tax platform developer, from financial services firm Banco Sabadell’s Innocells subsidiary. The company was incubated by Innocells and received €2.5m ($3m) in funding from the unit in January 2021.

Video game publisher Blizzard Entertainment intends to purchase Proletariat, a US-based multiplayer game developer backed by gaming group Take-Two Interactive Software, for an undisclosed amount, VentureBeat reported on Wednesday. Take-Two led a $20m series C

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Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.