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Airwallex founders launch $200m strategic fund
Capital 49 will invest in companies developing technology utilising Airwallex's payment infrastructure, and has a $200m target for its close.
Daily Deal Round Up: July 28, 2021
Denso took part in a $71m series D round for artificial intelligence technology provider Blaize while inflammatory disease drug developer Aristea closed a $63m Novo and Arena-backed round.
India's rising economic power
Venture capital funding for Indian firms hit a six-year high of $12.1bn in the first six months of 2021
ANZ spins off its innovation unit
ANZi has been renamed 1835i Group and will operate as an independent company with sole funding from banking parent ANZ.
Herbst leaves Nvidia to set up GFT Ventures
Jeff Herbst has departed from his role heading Nvidia GPU Ventures to join Samsung Ventures alumnus Jay Eum at the recently formed GFT Ventures.
Daily Deal Round Up: July 27, 2021
SAP.io took part in email software provider Sedna's $34m series B round while Byju's picked up BCC-backed learning app developer Toppr in a deal reportedly sized at about $150m.
Analysis: HR tech gains momentum
Our data suggest that valuations in the HR tech space are picking up. Two deals stories from last week confirm the trend.
Daily Deal Round Up: July 22, 2021
Several corporates backed a $68m series D round for microbiome drug developer Vedanta Biosciences while grooming brand owner Pangaea raised the same amount from investors including Unilever.

Other News

Employment Hero collects $103m
Seek and Salesforce Ventures helped the human resources software provider raise cash in a series E round led by Insight Partners at a $568m valuation.
Rappi raids investors for $500m
Returning investor SoftBank was among the participants in a series F round that hiked the on-demand delivery service's valuation to $5.25bn.
Go1 inputs $200m in series D funding
SoftBank Vision Fund 2 and Salesforce Ventures co-led the corporate education resource provider's series D round, which took its overall funding to over $280m.
Cencosud hires del Valle for new CVC unit
Del Valle will lead the retailer's Cencosud Ventures vehicle after almost five years at Telefonica’s Wayra subsidiary.
Daily Deal Round Up: July 19, 2021
Debt repayment platform developer InDebted received $18.4m from investors including MassMutual, while corporate-backed AdaptiveMobile, Immersal and Pocket Casts are all being acquired.
Daily Deal Round Up: July 15, 2021
Clean medicine developer Genexa roped in Unilever for its $60m series A round while Krafton led storytelling platform developer Pratilipi's $48m series D.

Editor's Picks

Herbst leaves Nvidia to set up GFT Ventures
Jeff Herbst has departed from his role heading Nvidia GPU Ventures to join Samsung Ventures alumnus Jay Eum at the recently formed GFT Ventures.
Brazil adds triple fundraisings
The three funds comes as Daniel de Macedo switches role and a new trade body committee is set up for CVCs.
Corporates help dish up $500m for iFood
Online food delivery platform iFood has secured another $500m in a round featuring majority owner Movile and fellow corporate Naspers.
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