Sectors

Mitsui and Nan Fung could exit the rare disease drug developer, which is set to float on the Nasdaq Global Select Market having set a $100m placeholder target.

The cybersecurity technology provider, backed by LG, Samsung, HP and Nvidia, added cash from Chrysalis Investments to a series D round now totalling $167m.

Marubeni and SBI have co-led a $15.3m round for the Mongolia-focused mobile credit app developer, investing alongside existing shareholder Techstars Ventures.

Sauce Labs has purchased the error reporting tool developer, which had reportedly raised over $6m from investors including 60East Technologies.

Congruent Ventures has returned for a $50m series B round that will allow Meati to complete a commercial production plant in time for a market launch next year.

Prequel has allocated $10m annually for startups developing products and services for the AI, computer vision and augmented reality-based art sectors.

Nationwide helped the open finance business raise $18m which will be used to boost expansion in Europe and accelerate its growth across the wealth, insurance and retail spaces.

Allana Group has made a commitment to the venture firm nine months after co-investing in FreshToHome with it late last year.

Q&A with Oliver Finch, investor, Maersk Growth

H&M, Bestseller, Adidas and Sateri helped the regenerated textile fibre business raise new funding, which will be used to boost its expansion and build a new production facility.

Hyundai Motor provided new funding to the lithium-metal battery developer, which was previously backed by General Motors, SAIC Motor and Applied Materials.