Thomas Reuters and Siemens participated in DataGrail’s $45m series C round while AyoConnect boosted its series B to $25m.
Bankruptcy
Kayu Raya Indonesia, the Indonesia-based owner of online furniture retailer Fabelio, has filed for bankruptcy, Bisnis Indonesia has reported. Its investors include telecommunications firm Telkom Indonesia’s MDI Ventures unit, which co-led a $9m round in mid-2020 that reportedly took its total funding to $20m.
Fund
US-based talent management group United Talent Agency has teamed up with investment firm Investcorp to form a venture…
