Sectors

Alibaba’s Greater Bay Area-focused fund is on its way to reaching its ceiling in the first half of this year, having secured a third of the $150m in capital so far committed.

The blockchain scaling technology developer’s token sale attracted SoftBank, Animoca Brands, Alameda Research, Bitfinex, Voodoo, Scopely, Unacademy and Celsius.

Digital bank operator Tonik Financial raised $131m in a Mizuho Bank-led round while e-commerce software provider Shopware secured $100m from PayPal and Carlyle.

Venture firm Infinity Ventures Crypto recruited Animoca Brands and Circle on its way to closing the oversubscribed fund.

Every day, Global University Venturing rounds up investments from across the university innovation ecosystem in its deal net.

Orange Grove Bio has partnered SV Investment to jointly source therapeutics in South Korea and the US and create spinouts.

SoftBank Vision Fund 2 led a $300m round for business-to-business marketplace ElasticRun and co-led blockchain creation platform developer Aleo's $200m series B.

The fund, a joint venture for Intel’s corporate venturing unit and its Intel Foundry Services subsidiary, will seek out startups developing novel semiconductor technologies.

SoftBank Vision Fund 1 and Shopify both invested in the shipping management service's first round in three years, more than doubling its valuation to $8bn.

Alphabet’s growth equity arm promoted several team members in 2021 including new general partner Jesse Wedler, Jackson Georges, James Luo, Jamie Rosen, Jeremy Zhu and Nina Gerson.

Every day, Global University Venturing rounds up investments from across the university innovation ecosystem in its deal net.