Consumer

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.

Electric aircraft developer Heart Aerospace raised $35m from investors including Mesa Air and United, while several corporates are set to exit remote access software developer Openpath.

Novel TMT returned to help the third-party e-commerce operator, with more than 25 brands in its stable, hike its 2021 funding to $317m.

The corporate-backed bulk grocery retailer has ceased operations approximately a year after it was formed by a merger between Tongcheng Life and Linlinyi.

Lilith Games helped artificial intelligence software developer Inspir.ai secure $46.3m while Microsoft AI spinoff Xiaoice closed its series A round at a billion-dollar valuation.

Softbank-backed Tridge, a digital trading platform dedicated to the agriculture sector, has secured series C funding to scale up its fulfilment service and expand its global presence.

AG2R La Mondiale committed capital to lending platform Younited Credit. The larger round is not surprising as the alternative lending space is experiencing a recovery after the pandemic shock.

Munich Re and Microsoft helped CO2-to-chemicals technology provider Twelve raise $57m while Eli Lilly and Kaiser Permanente-backed CRO dMed-Clinipac secured $50m.

CJ Logistics helped the online grocer secure series F funding at a valuation of approximately $2.2bn, taking its overall funding to more than $520m.