Financial

The digital asset management group’s Nexo Ventures subsidiary will target companies operating in the Web3 ecosystem, in areas including blockchain, game finance and metaverse products.

The accounting services provider was valued at $565m in a round led by SoftBank Vision Fund 2 and backed by GV.

Online banking platform developer Dave has received $100m in convertible note financing from FTX's $2bn corporate venturing vehicle.

Accounting services provider Contabilizei pulled in $60m through a SoftBank-led round while luxury food brand KoRo raised $54.9m from investors including The Social Chain and HV Capital.

The raw material procurement service has retained almost 75% of financing subsidiary Oxyzo Financial Services following its series A round.

The corporate card provider was valued at $2.1bn in a round backed by Stanford University that increased its funding to $380m altogether.

Citi, SVB, State Street and JP Morgan were among the investors that helped the financial software provider boost its valuation to $1.6bn.

The Global and China L4 Autonomous Driving and Start-ups Report, 2021, found that except for a few companies, such as Waymo and Uber, which performed worse than expected, level four (L4) autonomous driving firms in other fields gained momentum.

Hikma led a $15m extension to surgical robotics developer Activ Surgical's series B round, now sized at $60m, while data collaboration software provider Hex raised $52m from investors including Snowflake and Databricks.

The corporate card provider was valued at $2.1bn in a round led by Tencent that increased its funding to $380m altogether.

Digital asset exchange Zipmex increased its corporate-backed series B round to over $51m while Digital Garage-backed 1plusX in a $150m acquisition.