Sectors

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.

The online payment technology provider, which counts Mastercard and PayPal as existing investors, reportedly raised the cash at a flat $3bn valuation.

The EWTP-backed cross-border e-commerce marketplace has secured funding in a round led by JD.com valuing it at $3bn.