Financial

Crop monitoring technology developer Prospera is to be acquired by Valmont Industries in a $300m deal, giving exits to Tekfen Ventures, Cisco Investments and Qualcomm Ventures.

BioTheryX, Immuta and Pitch are among the companies that have raised fresh capital from corporates such as Intel Capital, Slack Fund, Citi Ventures and Dell Technologies Capital.

Mitsubishi UFJ Financial Group-backed Figure Technologies has collected $200m in series D financing co-led by 10T Holdings and Morgan Creek Digital.

Migdal Insurance and Harel Group both bought into Sunbit’s proposition as the buy now, pay later platform raised its series D round.

White Star Capital has pivoted its attention towards blockchain and digital assets through the final close of an investment vehicle dedicated to the space.

Axa Venture Partners has helped put $60m into Virtuo, while Super collected $50m and Salto picked up $42m.

Q&A with Justin Smith-Lorenzetti, investment director, Intact Ventures

Next47, CreditEase, SBI Group and Morgan Stanley are all among the backers of Pipe’s latest round, which was oversubscribed by $100m and valued the business at $2bn.

The Mouro Capital-backed business lender has secured a mix of debt and equity investment in a round led by Lakestar.

Checkout.com-backed Thunes has added $60m to its coffers, while Desktop Metal purchased Adaptive3D less than a year after Arkema invested.

Nexa3D has confirmed $55m in funding across several rounds, while BukuKas has added $50m to its coffers and both Label Insights and Mya Systems have been acquired.