Susquehanna Growth Equity has led a $62m series B round for speech-to-text software provider Speechmatics, while Fidelity’s Eight Roads unit led digital asset data aggregator Kaiko's $53m series B.

M&A

XM Cyber, a subsidiary of Germany-headquartered retailer Schwarz Group, has agreed to acquire Cyber Observer, an Israel-based cybersecurity management technology developer backed by cybersecurity and investment services firm Merlin International, for an amount estimated to be about $30m, according to Calcalist.

Fund

France-based financial services firm Banque Postale has formed a €150m ($158m) investment vehicle called 115K that will focus on developers of advanced technologies in areas like financial services and cybersecurity. The fund will provide between €250,000 to €5m per deal and has already backed carbon emission tracking service Carbo, expense payment software producer Joe, savings technology developer Cashbee and Cosmian, which provides data encryption software.

Funding

Company Company
description
Sector Country Round Round size ($m) Deal date Investors
Speechmatics Speech-to-text technology developer Information Technology UK B 62 28/06/2022 Susquehanna International Group (Susquehanna Growth Equity) (lead); Albion Capital Group (AlbionVC), IQ Capital
Kaiko Cryptocurrency data provider Financial  France B 53 28/06/2022 Fidelity (Eight Roads) (led); Revaia, Alven, Point9, Anthemis, Underscore
Yunsheng Group Cloud-based human resources technology developer formerly known…

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Edison Fu

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

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