Sectors
Corporate-backed Gorillas was bought for just $1.2bn and, together with competitor Oda's $151m down round, it looks like winter is here for grocery delivery services.
NCSoft invested $15m in Mysten Labs to take the latter’s series B round to $300m while Porsche backed Xanadu’s $100m series C.
Suzano and Yara participated in Agrolend’s $145m latest round while Xencor contributed to Zenas BioPharma’s $118m series B.
Cable One provided $50m for Ziply Fiber while Mercuria co-led a series C round the same size for The Mobility House.
Battery recycler Ascend Elements and Geely spinoff Farizon each raised $300m while Saudi Aramco launched a $1.5bn Sustainability Fund.
US regulators are making a point of going after corporations that invest in companies where there is a perceived competitive overlap.
AbbVie is acquiring Amgen-backed DJS Antibodies for $255m while Legend Holdings took part in a $56.6m series C round for VectorBuilder.
Alexandria Real Estate-backed Acrivon has filed to go public while H2 Green Steel increased its corporate-backed series B round to $255m.
Tencent took part in a $400m round for Skydance Media while CrowdStrike helped Vanta hike its series B to $150m.
Rakuten-backed Base Food is set to list on TSE’s Growth Market in an IPO valuing it at $329m while Mitsui was part of a $400m round for Yellow Door Energy.
Consumer credit provider FinAccel secured $140m from investors including GMO Payment Gateway while Amgen helped brain disease drug developer Neumora raise $112m.
BBC Studios bought portfolio company Firebird Pictures while SoftBank Vision Fund 2 led a nine-figure round for dental product maker SprintRay.
Strong branding helped give a canned water producer reach a $700m valuation while the promise of long-term energy storage fueled a $450m mega round.
Q2 Holdings has acquired National Bank of Canada and OpenText-backed Sensibill while ArcelorMittal's XCarb unit was part of Form Energy’s $450m series E round.
Shopify’s takeover of the logistics services provider will help close the gap with larger rivals like Amazon.
Coinbase’s acquisition of the Brazil-based cryptocurrency brokerage was stymied as negotiations fell through.
The audio streaming service is set to list with help from a PIPE deal featuring Orange, Access Industries, Warner Music, UMG and Media Participations.
Kraken, OK Group, 9fBank and Baofoo are in line to exit Wyre, with its cryptocurrency infrastructure technology to strengthen Bolt's one-click checkout offering.
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