Sectors

The e-commerce and B2B financial services firm has provided $920,000 for Infinity Ventures’ early-stage vehicle, representing roughly a tenth of its capital.

Jackie Kossmann, who joined Applied Ventures in 2017 and won a GCV Rising Stars award in January, will be an investor at In-Q-Tel.

Shapeways is another company from the 3D printing space, which has gone public through a reverse merger, after its peer Desktop Metal in 2020. The additive manufacturing space has seen a somewhat modest interest from corporate investors in the past decade.

CVS Health Ventures has been launched to formalise an investment strategy that has backed the likes of Unite Us and LumiraDx.

Driverless vehicle developer EasyMile closed a $66.4m round featuring Alstom and Continental while UCB and LivaNova-backed EEG technology developer Ceribell secured $53m.

Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.

JD.com's logistics spinoff, which counts China Life and Tencent as investors, has received approval for an offering set to be between $3bn and $4bn in size.

Alibaba could potentially sell $550m of shares in the deal, which has been given approval by regulators and which will give Tata a 64% stake in return for $1.2bn.

PayPal Ventures has returned to take part in the virtual currency platform developer’s series D round, which secured it a $2.4bn post-money valuation.

The cybersecurity technology provider, which counts SB Isat among its early investors, has gone public in its home country.