Consumer

Monthly analysis: June 2021

FirstCry has led a series A equity and debt round for GlobalBees, an e-commerce aggregator co-founded by FirstCry's CEO.

Innovative regions: California, New York, Massachusetts, Texas

The global electricity market is worth around $3 trillion a year and is only likely to get bigger. But if electricity power generation fails to keep up with demand securely and flexibly, what trade-offs need to be made for which devices gets what level of allocation?

Del Valle will lead the retailer's Cencosud Ventures vehicle after almost five years at Telefonica’s Wayra subsidiary.

Sector report: Information Technology

Debt repayment platform developer InDebted received $18.4m from investors including MassMutual, while corporate-backed AdaptiveMobile, Immersal and Pocket Casts are all being acquired.

Temasek and Falcon Edge Capital co-led a late-stage round for the SoftBank-backed eyewear retailer valuing it at $2.5bn.

Softbank enabled the cybersecurity software provider Cybereason to secure crossover financing at a valuation likely to have exceeded $3bn. This year seems set to be a record one for the broader corporate-backed cybersecurity space, with valuations spiking up.

Greenhouse gas monitor GHGSat boosted a Schlumberger-backed round to $45m while Toyota’s Woven Planet subsidiary is buying spatial intelligence software developer Carmera.

Clean medicine developer Genexa roped in Unilever for its $60m series A round while Krafton led storytelling platform developer Pratilipi's $48m series D.