Sectors

End-to-end automotive e-commerce marketplace Fair is set to be acquired by peer Shift in a deal part financed by SoftBank, an investor in both companies.

SoftBank Vision Fund 2 led the e-commerce automation software developer’s latest round, helping it reach unicorn status and lift its total funding to almost $200m.

RingCentral Ventures participated in the retail customer experience platform’s latest round at a unicorn valuation, bringing its total funding to $152m.

The consumer lending platform developer raked in nine figures through a round backed by strategic partner JP Morgan.

The on-demand grocery provider secured funding from Astra International and Syngenta as it looks to grow geographically.

Multiple corporates helped call centre software producer Cresta raise $80m at a $1.6bn valuation while agricultural intelligence provider Apollo secured $40m in a round led by Softbank Vision Fund 2.

General Motors agreed to buy out SoftBank and invest a further $1.35bn in the autonomous vehicle developer, which it spun off four years ago.

The venture firm co-founded by the eponymous EV maker, closed its latest fund with commitments from new and returning LPs including undisclosed insurance providers.

The car producer will invest in everything from autonomous driving to non-fungible tokens through the newly launched Stellantis Ventures.

Slack's corporate venturing subsidiary, now under the Salesforce Ventures umbrella, is looking to lead more rounds after launching Fund III, which is twice the size of its predecessor.

Country Garden Venture Capital was among the investors in the Qualcomm-backed contract chip manufacturing service provider’s latest round, which took its total funding to $630m.