Investment

Daily Deal Round Up: June 22, 2021
Maersk Growth and Raed Ventures co-led a $42m round for shipping platform developer Trella while GV exited deep learning software provider Determined AI.
Insilico inspires with $255m series C
Lilly Asia Ventures and Baidu Ventures helped the drug discovery software provider push its overall funding past the $310m mark.
GoStudent graduates to $244m series C
SoftBank Vision Fund 2 and Tencent have taken part in a series C round valuing video tutoring marketplace GoStudent at $1.7bn.
SoftBank helps fork over $240m to Forto
The freight management platform developer was valued at $1.2bn in a round led by SoftBank Vision Fund 2 and backed by Citi Ventures and Inven Capital.
Amber gets $100m boost at $1bn valuation
Crypto financial services firm Amber has followed a Coinbase and Blockchain.com-backed series A round by adding $100m in series B funding.
GV drives JoyTunes to unicorn valuation
The Alphabet subsidiary invested $25m to lead a round for the musical education app developer that was also backed by Hearst Ventures and Qualcomm Ventures.
Cleerly captures $43m in series B round
The cardiovascular data technology developer has launched with $54m in funding, $43m coming from a Cigna Ventures-backed series B round.
Daily Deal Round Up: June 21, 2021
Tencent, Credit Saison and JG Summit have all contributed to a $16m round for GrowSari while Greenvolt is set to acquire up to 29% of solar system installer Perfecta Energía.

Other News

Enough tops up funding with series B
Nutreco co-led a $49.8m round for the mycoprotein ingredient developer and University of Strathclyde spinout that included Axa.
Xiaomi zips to Zhuan Zhuan in $100m round
58.com's online marketplace spinoff secured $100m in a Xiaomi-led series D1 round having already received earlier funding from Tencent.
Nylas inputs $120m in series C
Slack Fund and Citi Ventures have reinvested in the communications software developer through a round that lifted its overall funding to $175m.
Fractyl finds $100m for series F
Yahoo Japan and Alphabet-backed Fractyl aims to make one of its proposed products a cornerstone therapy for type 2 diabetes, and has now raised about $270m in total.
Rakuten backs Robin.io in $38m series C
The application management platform developer boosted its overall funding to $86m in a round led by Rakuten Capital.
Introhive buzzes with $100m series C
The Salesforce and Plante Moran-backed customer management software producer plans to make strategic acquisitions with the series C proceeds.

Editor's Picks

Insilico inspires with $255m series C
Lilly Asia Ventures and Baidu Ventures helped the drug discovery software provider push its overall funding past the $310m mark.
Thumbtack drums up $275m
CapitalG helped the domestic services marketplace almost double its valuation to $3.2bn in a round that boosted its total funding to nearly $700m.
Carro drives through $360m series C round
SoftBank Vision Fund 2 and MSIG are among the investors that have backed the used car marketplace’s latest round, valuing it at more than $1bn post-money.
Byju’s ties up $340m
The Tencent, Naspers and BCC-backed educational course provider secured the funding at a $16.5bn valuation, adding to $1bn it raised in April.
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