Intuitive Surgical was part of Galvanize Therapeutics’ $100m series B round while Intel Capital participated in a $90m series C for Fortanix.

M&A

Graphic design software provider Adobe has agreed to acquire Figma, a US-based interface design tool developer backed by media group O’Reilly, for $20bn. The company was valued at $10bn as of a $200m series E round in June 2021, having secured about $333m in total funding.

Financial performance management tool Planful has acquired Plannuh, a US-based marketing automation tool provider backed by internet technology firm Alphabet’s Google subsidiary. Google’s AI vehicle, Gradient Ventures, had backed the company’s…

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Edison Fu

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