Consumer

M12 backed three deals in recent days, including a $50m series D round for Split.io that also featured fellow corporates Atlassian and ServiceNow.

SoftBank Ventures Asia and Kakao Ventures have joined a series D round that values the hyperlocal second-hand goods marketplace at $2.7bn.

PatPat has secured SoftBank Vision Fund 2 as an investor shortly after the company earlier picked up funding from investors including SIG.

SoftBank Vision Fund 2 was among the investors in the tailor-made item platform operator’s latest round, which took its valuation past the $1bn threshold.

Ventricular assistance system developer CH Biomedical closed a Baheal-backed series D round while peer-to-peer lending platform Alami secured $17.5m in a round led by EV Growth.

A Hanwha subsidiary will take an 8.8% stake in the UK-based satellite connectivity provider OneWeb, helping it increase its funding to $2.7bn since it has resurrected from bankruptcy.

Siemens Next47 helped sales tool developer Aforza secure $22m while cosmetics brand Sparty raised $18m from investors including Akatsuki and Marui Group.

PayPal Ventures participated in the e-commerce services and software provider's third funding round, less than a year after it was founded.

SoftBank Ventures Asia led ERP software provider Mabang's $46.3m series B round while Mainport Innovation Fund exited electrification technology developer ViriCiti.

Q&A with Martin Tschopp, CEO, Prosus Ventures (formerly Naspers Ventures)

Nanox is paying up to $230m for corporate-backed medical technology developers Zebra Medical Vision and USARad, while electronics marketplace JustFit raised over $46m.