Services

Innovative region: Brazil

SumUp is purchasing the Rogers Communications-backed payment and marketing software provider to bolster its trans-Atlantic presence.

The employee monitoring platform developer will use the proceeds from the Goldman Sachs-led series C round to grow its business.

Sector report: Oil and gas

For many of the attendees at the Global Corporate Venturing and Innovation Summit 2021 held late last month in Monterey, California, the conference was their first in-real life (IRL) event since the pandemic effectively stopped them in the first quarter last year after the previous summit.

Corporate-backed communications monetisation technology developer Matrixx Software raised $50m from Francisco Partners while cancer drug developer Abalos took the same in a BIVF-backed round.

The Barracuda Networks-backed expense management software provider has filed to go public having disclosed less than $28m in funding.

The Sesame Workshop-backed online education platform developer raised series D funding that will be used for international growth and product development.

Bond trading platform developer Trumid raised its latest round, featuring Singapore Exchange, at a $2.4bn valuation. This is one of the latest examples of such multi-million dollar deals from the roaring fintech space.

Solar wafer technology developer NexWafe bagged $45m in a Reliance Industries-led round while BDMI helped hike collectibles marketplace Rally's series B to the same size.

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