SoftBank Latin America Fund is among the investors in payment technology provider Kushki’s $186m series B round while Maruho co-led inflammatory disease drug developer Upstream's $200m series A.

Fund

Solana Ventures, the corporate venturing arm of blockchain technology provider Solana, has formed a $100m investment and grant vehicle with Solana Foundation, which manages the Solana blockchain platform, to invest in South Korea-based Web3 technology developers, Johnny Lee, general manager of games for Solana Labs, told TechCrunch today. Austin Federa, head of communications at Solana Labs, added that the fund includes backing from the Solana community treasury as well as capital from Solana Ventures.

Funding

Ecuador-based digital payment technology…

Edison Fu

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