IT

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

Qualcomm and Flipkart-backed CE Info has gone public and secured a market capitalisation of approximately $1.1bn.

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.

Sony Innovation Fund and Innovation Growth Ventures both had a spectacular 2021, and various team members spoke to GCV about their latest investments in Cruz Foam, Delos, Identiq and Kiswe.

GMG Ventures and Hearst Ventures have returned to back the data analytics service, joining financial investors such as Abrdn, which had hitherto concentrated on other asset classes.

The mobility sector has been flourishing in the past few years with the development of ground-breaking technologies in the electrification, autonomous vehicles and connectivity segments reshaping the entire industry.

Innovative region: Kenya

Monthly analysis: November 2021

Kaloyan Andonov spoke with Tianyi (Tony) Sun, director of corporate venture capital at GC International, about the experience of the relatively young CVC arm of Thailand-based PTT Global Chemical Public Company (PTT GC or GC), its alignment with the strategy of its corporate parent and what it can offer to entrepreneurs it backs

The corporate-backed AI technology developer has put its IPO plans on hold after the US government listed it as a Chinese military-industrial complex company, following the news of another Chinese tech company, Didi, saying earlier this month it would delist from the US.