Financial

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

The mobile banking platform developer's latest round, co-led by Tencent, is the latest in a busy 2021 for the French tech sector.

Tyme has taken funding from Tencent and CDC to close a series B round highlighting the appeal of digital banking in emerging markets.

Since its passage, the Bayh-Dole Act has bolstered US economic output by up to $1.7 trillion, supported 5.9 million jobs and helped lead to more than 14,000 spinouts.

Professional education provider Platzi pulled in $60m through a Prosus-led round while e-commerce software producer Marketplacer took in $38m from investors including Salesforce Ventures.

Already active in blockchain gaming investment, the corporates are teaming up to accelerate the monetisation of the sector.

Hometap's home equity finance model - part of a wave of digitisation in the property finance space - has been validated again by an American Family-led round.

Salesforce Ventures helped supply $62m for business intelligence software developer Klue while GS Retail invested $55m in mobility services provider Kakao Mobility.

The semiconductor producer completed a nine-figure series C round from investors including SAIC Motor. This is a deal from the semiconductor and chips space, which does not normally see many corporate-backed deals but our data suggest valuations are currently experiencing upward pressure.

SoftBank’s Latin America Fund helped prayer app developer Glorify raise $40m at a $250m valuation while decentralised derivatives network Hxro Network secured $34m in a round featuring several corporates.

The crowdfunding service increased its latest round to $84.5m and has formed a joint investment vehicle with Lotte.