Daily Deal Round Up: April 13, 2021
SafeGuard Cyber has raised $45m in a Cisco-backed debt and equity round while Pine Labs has paid the same amount to buy portfolio company Fave.
MissFresh looks to deliver $1bn IPO
The Tencent and Lenovo-backed online grocery retailer could reportedly raise up to $1bn through a US initial public offering.
Grover grabs series B financing
Samsung Next and Assurant were among the investors in the $53.5m equity portion of a $71.4m round led by JMS Capital-Everglen.
StockX hits $3.8bn valuation in $60m round
The GV-backed consumer goods marketplace secuerd $60m in primary funding alongside a $190m secondary share sale by employees.
Corporate venturing deal net: 5-9 April 2021
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Signet signals Rocksbox acquisition
Opt scored an exit as the jewellery subscription service was purchased by jewellery retailer Signet for an undisclosed sum.
Oda drops Kolonial past to raise $265m
Prosus and SoftBank Vision Fund 2 co-led a round valuing the the online grocery retailer, which has just rebranded, at $900m post-money.
Gathered Foods collects series B2 funding
Louis Dreyfus Company has become the latest corporate investor to back the vegetarian seafood provider, in a $26.4m bridge round.

Other News

Dingdong Maicai rings up $700m
Red Star Macalline and Bertelsmann-backed grocery delivery service secured funding in a series D round co-led by DST Global and Coatue.
Bartesian tops up funding with $20m
Stanley Ventures participated in a series A round for Bartesian, which has created an intelligent cocktail maker and which is backed by Beam Suntory.
Flash Coffee heats up with $15m
Delivery Hero's DX Partners was among the investors in a series A round that will support the coffee retailer's Asian expansion.
Swiggy takes down $800m
Prosus Ventures reinvested in the food delivery app developer at a $5bn post-money valuation, pushing its overall funding past $2.4bn.
Meesho meets corporates to raise $300m
The social commerce platform developer upped its valuation to $2.1bn in a round led by SoftBank Vision Fund 2 that included Facebook and Prosus Ventures.
Fetch Rewards nets $210m in series D
SoftBank Vision Fund 2 led the customer loyalty platform developer’s latest round, which valued it at over $1bn.

Editor's Picks

Deliveroo drops on to public markets
The Amazon-backed food delivery service raised $2.07bn in its initial public offering only to see its shares fall some 25% on its opening day.
Wish comes true in $1.1bn IPO
The mobile commerce platform developer priced its initial public offering at the top of its range, with set to exit in the flotation.
DoorDash lets in $3.37bn through IPO
SoftBank Vision Fund is the largest investor in the food delivery service, which has priced an upsized initial public offering roughly doubling its valuation six months ago.
Wish looks to dish up $1bn IPO mobile commerce platform Wish has filed to go public a little over a year after raising money at an $11.2bn valuation.
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