Sectors

Copec’s Wind Ventures has joined existing backer Iberdrola to invest in a $39.8m round for the vehicle charging technology provider.

ADM, Rich’s Products, Müller Group and Tyson Foods have all backed a $26.8m convertible note round for the cellular meat developer that included new and returning investors.

Q&A with Anil Achyuta, investment director, TDK Ventures

Phuthi Mahanyele-Dabengwa, CEO in South Africa of local media group Naspers, in May last year said: “Food security is of paramount importance in South Africa.”

The Alphabet and Roc Nation-backed share trading platform operator reportedly secured the equity funding together with up to $600m in debt financing.

AWS, CapitalG and Salesforce Ventures helped the data management software provider increase its valuation more than fourfold to $28bn.

Alphabet and Tencent-backed automation software producer UiPath has more than tripled its valuation in the past seven months to $35bn.

PNC Bank was among the participants in the bulk email software provider’s latest round, which will go toward growing its business and expanding its product offering.

Dell Technologies Capital and Hearst Ventures are backing a PIPE investment as the SK Holdings, Avis Budget, NTT Docomo and Delphi-backed vehicle data provider looks to list on Nasdaq.

The photonics chipmaker has completed an Applied Ventures-backed round that brought its overall funding past the $290m mark.

NAB's UBank subsidiary has agreed to buy one of its portfolio companies, banking app developer 86400, at a valuation of approximately $207m.