General Mills was among the investors in a $120m round for GrubMarket while Polaris and Hero MotoCorp helped Zero Motorcycles raise $107m.

M&A

Livestream concert organiser Driift has acquired Dreamstage, a US-based peer that is also backed by music streaming platform Deezer. Deezer was the majority owner of Dreamstage having first invested in May 2021, and held a minority stake in Driift. It provided an additional £4m ($4.5m) in funding alongside the latest transaction.

Funding

Company Company description Sector Country Round Round size($m) Deal date Investors
GrubMarket Online fresh produce wholesale platform Consumer US N/A 120 29/09/2022 General Mills…

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Edison Fu

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