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Keshvargar joins Walmart for incubation

Walmart has been increasingly active at starting up and backing startups, including financial technology startup Hazel.

Jan 30, 2022

J&J forms New Company (NewCo) Creation unit

Johnson & Johnson pivots earlier stage, reflected in the NewCo Creation unit it set up.

Jan 30, 2022

Daily Deal Round Up: January 28, 2022

SoftBank led digital pharmacy Alto's $200m series E round as well as a $130m series B round for rent data software provider Esusu.

Jan 28, 2022

Plenty harvests $400m in series E round

Walmart made a strategic investment in the vertical farm operator through a round led by existing investor SoftBank Vision Fund 1, pushing its total funding past $940m.

Jan 28, 2022

One and Even join forces with Hazel

Mobile banking app developer One and earned wage access service Even will form a new company with the Walmart subsidiary featuring Qualcomm, Progressive and PayPal as shareholders.

Jan 28, 2022

Min Park sets up venture capital firm

Min Park had been president of SK Telecom Americas and run SK Telecom Ventures on behalf of the corporate.

Jan 28, 2022

Daily Deal Round Up: January 27, 2022

SoftBank Vision Fund 2 helped blockchain technology provider Blockdaemon close a $207m series C round while Qualcomm-backed audio equipment brand BoAt is targeting $246m in its flotation.

Jan 27, 2022

FTX US hauls in $400m

FTX Trading's US subsidiary secured the cash at an $8bn valuation, bucking the trend among rival cryptocurrency exchanges less eager to raise funding.

Jan 27, 2022

Ripple implements series C buyback

Series C investors including SBI have sold back their shares to the digital payment tool provider at a 50% premium, valuing it at $15bn.

Jan 27, 2022

Akili Interactive accedes to $1bn reverse merger

The Merck Group, Amgen, Shionogi and Digital Garage-backed digital cognitive treatment developer will get a Nasdaq Capital Market listing through the deal.

Jan 27, 2022
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