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Bright Machines highlights reverse merger
SoftBank is participating in a PIPE financing for Flex spinoff Bright Machines, which will walk away with $435m in gross proceeds and a $1.1bn valuation.
Sorabito constructs fresh funding
DG Daiwa Ventures has led a $6.4m round for the construction equipment rental platform, featuring returning investor GMO VenturePartners and new backers including Saison Ventures.
Daily Deal Round Up: May 14, 2021
Kyocera, Mitsui Fudosan and Japan Post hepled satellite technology developer Axelspace complete its series C round while PayPal is buying portfolio company Happy Returns.
Daily Deal Round Up: May 13, 2021
Short-term accommodation provider Cohabs secured more than $70m in a round led by AG Real Estate, while Stampli, Impress and Tarana Wireless each raised $50m.
Inari looks to grow with $208m
Alexandria Venture Investments has returned to take part in the seed technology developer’s series D round at a $1.2bn valuation, helping to take its total funding to $352m.
Daily Deal Round Up: May 12, 2021
Human resources software provider Legion and edge cloud services provider Zenlayer each received $50m while Intel is exiting Sedona Systems in a $100m acquisition.
Rising Stars Q&A – Erning Cao, EVC
Q&A with Erning Cao, investment director, Evonik Venture Capital
Daily Deal Round Up: May 10, 2021
Legend Holdings' Legend Star unit led a round for optical chip producer Turing Quantum sized above $15m while several Japanese companies also raised money.
Daily Deal Round Up: May 7, 2021
Valmont to harvest Prospera in $300m deal
Tekfen Ventures, Cisco Investments and Qualcomm Ventures are set to exit the crop monitoring technology developer later this year in a deal with Valmont Industries.

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