Sectors

Henkel Adhesive Technologies has contributed an undisclosed sum to the investment firm’s latest vehicle, which also counts Saint-Gobain, Solvay and Asahi Kasei among its LPs.

Early backers including Micromax Informatics are receiving 15-times returns on their investment in the health management app developer.

The Binance-backed NFT artwork trading platform will support developers of blockchain-equipped video games through the initiative.

A Hanwha subsidiary will take an 8.8% stake in the UK-based satellite connectivity provider OneWeb, helping it increase its funding to $2.7bn since it has resurrected from bankruptcy.

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

TU Delft and UMC Utrecht spinout MILabs has been purchased by Rigaku Corporation, which plans to use its medical imaging technology in drug development.

Siemens Next47 helped sales tool developer Aforza secure $22m while cosmetics brand Sparty raised $18m from investors including Akatsuki and Marui Group.

Fidelity has provided the first $410m for a round set to value the Tencent-backed social media platform developer at $10bn post-money.

The Salesforce Ventures-backed customer service software provider raised its latest funding from new and existing investors at a valuation above $10bn.

Micromax is set to sell part of its 7.6% stake in the online travel booking service, which also counts Info Edge and Fosun Kinzon Capital as investors.

The Dongfeng, Suning and Xiaomi-backed IoV technology developer secured cash in a round led by FAW Group and backed by investors including Changchun Fawsn and Shanghai Tunnel.