Transport

China-based chipmakers Chipone Technology and Vastai Technologies raised a total of over $1.2bn while Reddit has confidentially filed to go public.

Digital banking platform operator Nu Holdings priced its IPO at the top of its range in New York, representing the first Brazil-originated flotation in three months.

Investments roll in for blockchain-based games, fintech, enterprise software and energy companies.

The mobility sector has been flourishing in the past few years with the development of ground-breaking technologies in the electrification, autonomous vehicles and connectivity segments reshaping the entire industry.

The Great Wall Motor-founded battery and energy storage technology developer is among the latest EV-linked tech companies receiving corporate backing, as the CVC ecosystem builders increasingly incorporate ESG criteria into their investment mandates.

Innovative region: Kenya

Monthly analysis: November 2021

Kaloyan Andonov spoke with Tianyi (Tony) Sun, director of corporate venture capital at GC International, about the experience of the relatively young CVC arm of Thailand-based PTT Global Chemical Public Company (PTT GC or GC), its alignment with the strategy of its corporate parent and what it can offer to entrepreneurs it backs

The animal-free protein producer raised a series C round from investors including Prosus Ventures. This sizeable round is indicative of the upward pressure on valuations and increased deal making activity in the space.

SoftBank helped e-commerce brand aggregator Merama hike its series B round to $285m while Koch Industries took part in a round valuing supply chain finance provider Tradeshift at $2.7bn.

Cerebral, Robotic Research, ABclonal Technology, Ola and RainMed Medical all pulled in nine-figure rounds, the first two featuring SoftBank Vision Fund 2.