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Abu Dhabi sovereign-wealth fund invests nearly $600M in Reliance Retail at $100B valuation

TechCrunch

Abu Dhabi Investment Authority is investing $597 million in Reliance Retail, valuing the largest Indian retail chain at a whopping $100 billion. The investment follows KKR and Qatar Investment Authority together investing $1.7 Abu Dhabi sovereign-wealth fund’s investment will fetch it a […]

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Indian edtech giant Byju’s raises $250 million in fresh funding

TechCrunch

Byju’s said Monday it has raised $250 million in new funding from existing backers as the Indian edtech giant looks to navigate the market downturn that has forced the firm to postpone its initial public offering and cut thousands of jobs. It did not identify other backers.

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Turkey’s first decacorn: Trendyol raises $1.5B at a $16.5B valuation

TechCrunch

billion in a massive funding round that values the company at $16.5 General Atlantic, SoftBank Vision Fund 2, Princeville Capital and sovereign wealth funds, ADQ (UAE) and Qatar Investment Authority co-led the round. . Trendyol , an e-commerce platform based in Turkey, has raised $1.5

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Compass files S-1, reveals $3.7B in revenue on net loss of $270M

TechCrunch

billion in venture funding , filed its S-1 Monday. Prior to the IPO, SoftBank’s Vision Fund holds slightly more than a one-third stake in the company. Other investors include the Canadian Pension Plan Investment Board, Fidelity, Wellington Management, and the Qatar Investment Authority, according to Crunchbase.

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InnovaFeed nabs $250M to extend its vertical insect farms to the US

TechCrunch

InnovaFeed , a vertical insect farm operator that’s rearing insects for animal and plant nutrition, has raised $250 million in a series D round of funding led by Qatar Investment Authority (QIA), Qatar’s sovereign wealth fund.

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Fanatics reveals NFL was biggest backer in $1.5B round announced last month at $27B valuation

TechCrunch

Fanatics added that other major investors in the round included Major League Baseball (MLB) and its owners, the Major League Baseball Players Association (MLBPA), the NFL Players Association (NFLPA), the National Hockey League, Brooklyn Nets owner Joe Tsai via his fund Blue Pool Capital and the Qatar Investment Authority.

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Checkout.com raises $1B round at $40B valuation

TechCrunch

Payments company Checkout.com isn’t just a unicorn — it has closed a $1 billion Series D funding round. When it comes to today’s funding round, fasten your seatbelt, as the list of investors is quite long. With today’s funding round, Checkout.com will most certainly hire more people and sign new clients. The web3 opportunity.

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