Financial

Tencent offers dividend to shareholders through $16.4bn sale of JD.com holding

Drug development platform creator Xbiome has raised nearly $100m in series B funding while bioindustrial startup services provider 21st.Bio secured a similar amount from Novo.

Corporate-backed unicorns Via and Cohesity have both confidentially filed to go public while autonomous driving technology developer Haomo.AI raised nearly $157m.

Mobile wallet developer Momo grabbed $200m in a Mizuho Bank-led round valuing it above $2bn while silicon wafer producer Mieke pulled in $188m.

China-based chipmakers Chipone Technology and Vastai Technologies raised a total of over $1.2bn while Reddit has confidentially filed to go public.

Digital banking platform operator Nu Holdings priced its IPO at the top of its range in New York, representing the first Brazil-originated flotation in three months.

Data and analytics companies raise money in the hundreds of millions, while GV spreads investments across multiple sectors.

SoftBank invested in rounds for Olist, Open Co and Juspay while Innovaccer raised $150m.

Affirm, FIS, Fiserv, MassMutual and New York Life all contributed to a round valuing the Bitcoin technology provider at over $7bn.

The chartered crypto bank continues to raise money as it ramps up its efforts to bring crypto to the traditional banking system.

Fidelity’s Eight Roads Ventures subsidiary has helped the BNPL platform provider close its fresh round at a $350m valuation a year after it was founded, as India sees steady growth in the market.