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FinAccel calls off $2.5bn reverse merger
Unfavourable market conditions have scuppered the corporate-backed consumer credit company’s planned reverse takeover as it opts instead for more private funding.
Mar 15, 2022DataGrand processes series C funding
Legend Capital and Sunshine Insurance were among the investors in a $91.1m round for the text recognition software developer.
Mar 15, 2022Texas Medical Center doubles fund to $50m
The healthcare provider has added $25m to its original commitment of $25m for TMC Venture Fund, to be deployed over the next decade.
Mar 15, 2022Daily Deal Round Up: March 14, 2022
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.
Mar 14, 2022Byju’s takes $800m class
The Tencent, Naspers and BCC-backed online education services provider was valued at $22bn in its latest round as it prepares its initial public offering.
Mar 14, 2022Blinkit gets $100m delivery from Zomato
The quick grocery delivery service formerly known as Grofers has completed the first tranche of a $400m round having received funding from returning investor Zomato.
Mar 14, 2022Schibsted energises $100m Tibber series C round
Schibsted Ventures participated in a round which pushed the smart energy provider's overall funding to over $170m as it eyes European expansion.
Mar 14, 2022AiFi checks through $65m
Aldi South, Rewe and Żabka joined investors including HP Tech Ventures, Qualcomm Ventures and Verizon Ventures in the autonomous retail technology developer's series B round.
Mar 14, 2022OTA Insights books Transparent acquisition
JetBlue Technology Ventures has exited the short-term rental data provider in a takeover by OTA Insights that follows $2.8m in funding.
Mar 14, 2022NGT nets T3 and Hadassit as partners
NGT HealthCare II Impact Fund has raised a $92m fund with T3 and Hadassit joining as strategic partners.
Mar 14, 2022Analysis: DNAnexus obtains $200m
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.
Mar 14, 2022Autobrains drives to $120m series C
BMW i Ventures, Continental, Knorr-Bremse and VinFast were among the investors that helped the autonomous driving software provider close its latest funding round.
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