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Daily Deal Round Up: June 8, 2021

McCain helped meatless nugget producer Simulate secure a $250m valuation while retail technology developer Grabango raised $39m from investors including Unilever and Honeywell.


Jun 8, 2021

Hesai gets handed $300m

Xiaomi and Meituan-Dianping co-led a series D round for the lidar sensor producer, which counts Robert Bosch, ON Semiconductor and Baidu as existing backers.

Jun 8, 2021

Analysis: Etsy acquires Depop

Etsy is acquiring the Gen Z-focused social commerce platform Depop, giving an exit to Lumar. The transaction and its large size may be indicative of a potential momentum for exits from emerging enterprises in this space.

Jun 7, 2021

Toyota Ventures gets refueled with $300m

The newly rebranded Toyota Ventures will split the cash between its Toyota Ventures Climate Fund and Toyota Ventures Frontier Fund.

Jun 4, 2021

CDK Global parks $360m Roadster

The e-commerce software provider has been acquired by CDK Global after approximately $24m in funding from investors including Liberty Mutual.

Jun 4, 2021

Daily Deal Round Up: June 3, 2021

Real estate platform developer raised $40m in a round led by Invesco Real Estate while Legend Capital contributed to a round for video shopping service Feiyu.Live.

Jun 3, 2021

FlixMobility picks up $650m

The UVC Partners-backed bus and train service hiked its valuation to $3bn in a series G debt and equity round that will fund the expansion of its routes.

Jun 3, 2021

FlixMobility picks up $650m

The Daimler-backed bus and train service hiked its valuation to $3bn in a series G debt and equity round that will fund the expansion of its routes.

Jun 3, 2021

Wejo to drive through $800m reverse merger

General Motors and Palantir will support a $100m PIPE deal in connection with a reverse takeover for the vehicular data platform developer.

Jun 2, 2021

Daily Deal Round Up: June 1, 2021

Oriola sold part of its stake in telehealth platform developer Doktor.se through a $61.1m round while bicycle marketplace The Pro’s Closet bagged $40m.

Jun 1, 2021

Sennder wraps up $240m series D round

The logistics platform developer has collected an extra $80m at a valuation above $1bn to round off a series D round featuring Scania.

Jun 1, 2021

Analysis: Riiid raises $175m from SoftBank

AI-based online tutor developer Riiid raised a sizeable $175m round from SoftBank. Riiid is part of the broader edtech space, which has been given much attention by corporate investors in recent years.

May 31, 2021
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