Singtel Innov8 is set to exit cybersecurity technology developer Bitglass in an acquisition deal while Nio Capital contributed to marketing software developer Whale's $50m series B round.
Funding
China-based digital marketing software provider Whale has received $50m in a series B round that included Nio Capital, the venture capital firm set up by electric carmaker Nio, DealStreetAsia reported today. The round was led by Temasek and also featured Linear Capital and Alpha Startups, both having joined Nio Capital to provide tens of millions of dollars for Whale in a late 2020 series A-plus round, according to DealStreetAsia.
Tiger Global Management and Canvas Ventures co-led a $39m series…
