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Page 58

Emtek's Bank Fama bags $70m from corporates

Singtel and Grab have acquired a combined 32.5% stake in the digital banking subsidiary of Emtek, diluting the latter’s to 62.8%.

Jan 21, 2022

Daily Deal Round Up: January 20, 2022

Mental health app developer Lyra Health raised $235m from investors including Salesforce while blockchain development software provider Secret Network launched a $225m ecosystem fund.

Jan 20, 2022

Daily Deal Round Up: January 19, 2022

Volkswagen Group invested a nine-figure amount in 24M Technologies while SoftBank participated in a $100m series C round for Pixis.

Jan 19, 2022

Daily Deal Round Up: January 18, 2022

Bank of Montreal provided debt and equity financing for industrial product marketplace Inxeption, which raised $275m, while smart home product maker Orvibo received $158m.

Jan 18, 2022

Crypto.com expands fund to $500m and brings on Russell

The cryptocurrency exchange is leaning futher into venture investments, expanding its fund to $500m and hiring a new partner.

Jan 18, 2022

MSW wins Banco do Brasil mandate

MSW Capital is among the funds managing $36m of venture capital cash for Banco do Brasil, which is controlled by the Brazilian government and listed in São Paulo.

Jan 18, 2022

Daily Deal Round Up: January 17, 2022

Car leasing service Dishangtie Car Rental completed a $200m series D round featuring Ingka while crypto-asset software producer Lukka raised cash in a corporate-backed round valuing it at $1.3bn.

Jan 17, 2022

Ant Consumer Finance foregoes new funding

Jiangsu Yuyue Medical Equipment & Supply and Sunny Optical Technology Group have postponed their investments in Ant Group’s consumer finance unit after state-sponsored Cinda was required to halt its participation.

Jan 17, 2022

FTX sets up $2bn fund and hires Wu

Amy Wu joined the newly formed FTX Ventures from Lightspeed Venture Partners, where she had overseen the firm's investment in FTX as a partner.

Jan 17, 2022

SoftBank backs Qraft for its portfolio

SoftBank has provided $146m for Qraft and plans to collaborate with it on development of an smart portfolio management product.

Jan 17, 2022
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