Telecoms

Online furniture retailer Gaia, warehouse robot provider Locus Robotics, recruitment platform developer Canvas and ESG software producer Measurabl all raised $50m.

PayPal is to purchase its portfolio company Paidy, a consumer finance service provider. Paidy is part of the wider payment tech space, which has seen an increasing number of exits since last year.

Q&A with Jay Crone and Jon Wolkin, directors, Telus Ventures

The data analytics software producer, which counts Alphabet, Salesforce and Amazon among as backers, raised a $1.6bn series H at $38bn valuation. It is a case in point for the upward pressure in valuations of companies from this space which we have been seeing.

Emerging as a niche at the intersection between healthcare and technology, femtech has rapidly grown and gained momentum, becoming a powerful force set to disrupt the healthcare industry.

Last year we saw a record number of corporate-backed rounds sized $100 and above and this year has not been any different, already setting records.

Over the past few years, roughly a fifth to a quarter of all corporate investors whose deals we track appear to be newcomers.

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.

Hongtai Group, Phison Electronics, Taiwan Mobile, Wistron, Cathay Life, Fubon Life and TransGlobe Life all chipped into the accelerator and venture firm’s latest vehicle.

The Hanwha subsidiary is set to take an 8.8% stake in the satellite connectivity provider, helping increase its funding to $2.7bn since it was salvaged from bankruptcy last year.

SoftBank’s Vision Fund returned to back the e-commerce business in a $1bn round. Our data suggest upward pressure on valuations in this space as well.