Financial

Monthly analysis: February 2022

Comment by Adam Salkin, a partner in one of Israel’s leading law firms, Herzog, Fox & Neeman

Innovative region: Israel

Analysis by James Mawson, founder, Global Corporate Venturing and co-author of Transformative Innovation (with Christine Gulbranson)

Bernstein Management and JBG Smith helped accommodation provider Placemakr raise $90m while crypto custodian Hex Trust netted $88m in a round co-led by Animoca Brands.

First American Financial and National Association of Realtors were among the investors in the $70m equity portion of the real estate financing service’s latest round.

MUFG Innovation Partners contributed to mobility financier Moove's $105m series A2 round while MS&AD and Nationwide helped insurance software developer Socotra raise $50m.

Unfavourable market conditions have scuppered the corporate-backed consumer credit company’s planned reverse takeover as it opts instead for more private funding.

SAIC Motor’s Hengxu Capital helped allosteric drug developer Nutshell Therapeutics close a $40m round while cancer therapy developer Impact Therapeutics secured series D1 funding.

GV returned for a multimillion dollar round raised by the clinical data software provider, which is part of a space of much interest to corporate investors.

Lunar expanded its series D round to $307m while RefleXion Medical raised $80m and Silent Eight raked in $40m.