American Express took part in food marketplace Shef’s $73.5m series B round while Musahi Seimitsu-backed battery developer Sakuu agreed a $705m reverse merger.
M&A
Telecommunications and internet technology group SoftBank’s marketing subsidiary, Geniee, acquired portfolio company Zelto, the US-based operator of a content creator-focused revenue generation platform, for a price that a person privy to the development told TechCrunch was roughly $70m. The company, then known as AdPushup, had raised $630,000 before adding an undisclosed amount from Geniee in 2016.
Reverse merger
Sakuu, a US-based lithium-ion…
