Google and Times Group helped boost ShareChat’s latest round to $520m while Animoca Brands has acquired a majority stake in portfolio company TinyTap for $38.9m.

Funding

India-based social networking service ShareChat has closed its latest round at $520m, having added $255m from internet technology provider Google, media conglomerate Bennett Coleman & Co and Singaporean state-owned investment firm Temasek. The round took the company’s valuation to $5bn, and included a $266m first close in December 2021 that featured Alkeon Capital, Temasek, HarbourVest, Moore Strategic Ventures and India Quotient.

M&A

Blockchain-equipped video game developer Animoca Brands invested approximately $38.9m to increase its stake in TinyTap, an Israel-based aggregator of user-generated educational content, from 3.7% to 84.1%, yesterday. TinyTap had previously raised a total of $13m from investors also including Aleph, Inimiti, Radiant Venture Capital, ReInvent VC and New York Angels.

Payment optimisation technology group Treasury Intelligence Solutions has paid an undisclosed sum to acquire Cashforce, a Belgium-based cashflow forecasting software provider backed by financial services firms Citi and Barclays through subsidiaries Citi Ventures and Barclays Accelerator respectively. Pamica and Volta Ventures were among the company’s other investors.

Other funding

Company
name
Company
description
Sector Country Round Size ($m) Deal date Corporates; other investors
AlphaSense Market intelligence and search platform IT US D 225 15/06/2022 Goldman Sachs (Goldman Sachs Asset Management) (co-lead); Viking Global Investors (co-lead)
Vendr  SaaS management platform developer IT US B 150 16/06/2022 SoftBank (SoftBank Vision Fund 2) (co-lead); Fidelity (F-Prime Capital); Craft Ventures (co-lead), Sozo Ventures, Sound Ventures, Tiger Global, Y Combinator
DataStax Real-time data app provider IT US N/A 115  15/06/2022 Goldman Sachs (Goldman Sachs Asset Management) (lead); RCM Private Markets, EDB Investments, Crosslink Capital, Meritech Capital Partners, OnePrime Capital, unnamed others
AirSlate Document workflow automation platform IT US N/A 51.5 16/06/2022 UiPath (UiPath Ventures); G Squared (lead)
Wahed Islamic investment platform operator Financial US B 50 17/06/2022 Saudi Aramco (Wa’ed Ventures) (lead); Paul Pogba, unnamed family offices and institutions
Cista Image sensor developer IT China C2 44.7 17/06/2022 Galaxy Holding Group (co-lead); Yitang Changhou Fund (co-lead), Wuxi Liantai Investment, Essence Capital, Zhangjiang Haoheng Investment
FanClash  Esports tournament platform operator Media India B 40 17/06/2022 Info Edge, Polygon; Sequoia Capital India, Alpha Wave Ventures
Proscia  Digital and computational pathology technology provider Healthcare US C 37 14/06/2022 Hitachi (Hitachi Ventures), Robo Global, Razor (Edge Ventures); Highline Capital Management (co-lead), Triangle Peak Partners (co-lead), Alpha Intelligence Capital (co-lead), Scale Venture Partners, Emerald Development Managers
C-Zero Natural gas decarbonisation technology developer Energy and Natural Resources US N/A 34 16/06/2022 SK Group (SK Gas) (lead), Engie (Engie New Ventures), Trafigura, Eni Group (Eni Next), Mitsubishi Heavy Industries; Breakthrough Energy Ventures, AP Ventures
Abacus Insights Healthcare data management platform Healthcare US C 28  16/06/2022 MultiPlan (lead), Blue Cross Blue Shield (Blue Venture Fund), Horizon Healthcare Services, Echo Innovation Alliance (Echo Health Ventures); CRV, .406 Ventures
Ahana Management service for the Presto data processing platform IT US A (updated) 27.2 16/06/2022 Liberty Global (Liberty Global Ventures) (lead), Alphabet (GV); Third Point Ventures
Tango Workflow intelligence and automation software provider IT US A 14 16/06/2022 Slack (Slack Fund), Atlassian (Atlassian Ventures); Tiger Global (lead), Wing VC, General Catalyst, GSV Ventures, Red Sea Ventures, Outsiders Fund
Swing Therapeutics Autoimmune and choronic pain-focused therapeutics developer Healthcare US A 10.3 16/06/2022 Asahi Kasei (Asahi Kasei Corporate Ventures); Jazz Venture Partners (lead), Alumni Ventures, AME Cloud Ventures, Gaingels
Tellie Web3 development kit provider IT US A 10 14/06/2022 Dapper Labs, South by Southwest (SXSW Innovation Fund); Malibu Point Capital, Galaxy Digital, Osage Venture Partners, Gaingels, Corazon Capital, TQ Ventures, Upfront Ventures
Knowledge Work Sales technology developer IT Japan A2; A (updated) 1.5; 8.9 17/06/2022 Salesforce (Salesforce Ventures), Uzabase, Sansan; One Capital
RapidFort Developer-focused cybersecurity software developer IT US Seed 8.5 16/06/2022 Bloomberg (Bloomberg Beta); Felicis Ventures (lead), ForgePoint Capital, Global Founders Capital, Plug & Play Ventures, GIT1K Club, unnamed existing backers
Saysh Women-focused fashion brand Consumer US A 8 16/06/2022 Gap (Athleta); Iris Capital (lead), Redpoint Ventures, Springbank Collective
Ecozen Solutions Sustainable water pump and cold storage technology developer Industrial India C 7 16/06/2022 Coromandel International (Dare Ventures) (lead); Caspian, Hivos-Triodos Fund
BBT.Live Network connectivity technology provider IT Israel Seed 6.8 16/06/2022 Accel Solutions; Tzvi Neta Holdings, unnamed existing investors
Connected Energy Battery-based energy storage techology developer Energy UK N/A 4.9 17/06/2022 Volvo Group (Volvo Energy)
Earth From Another Sun Blockchain-driven strategy video game publisher Media US N/A 4.5 16/06/2022 Solana (Solana Ventures), Alameda Research; Lightspeed Venture Partners
Bunkyr Developer-focused cybersecurity technology provider IT US Pre-seed 1 16/06/2022 Protocol Labs; Y Combinator, Soma Capital, Justin Kan, Thomas Piccirello, Robin Chan, Gianfranco Gentille, Daniel Shi
OptiFarm Livestock farming technology provider Industrial UK N/A N/A 16/06/2022 Agco
Wakuli Online coffee bean retailer Consumer Netherlands N/A N/A 07/06/2022 ABN Amro Bank; Rubio Impact Ventures, unnamed angel investors
Safetics Safety analytics technology developer for robotics IT South Korea N/A N/A 16/06/2022 Naver (Naver D2SF)
Floatic Logistics-focused robotics technology developer Industrial South Korea N/A N/A 16/06/2022 Naver (Naver D2SF)