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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