Michael Pooler / Financial Times:
Report: VC investment into Latin America reached $15.3B in 2021 across 650+ deals, up from a record $4.9B in 2019; fintech was 39% of all investments — Fintech continues to be biggest draw as 16 new ‘unicorns’ minted in the region — Venture capital investment into Latin America has tripled …
Laura Cooper / Wall Street Journal:
Globalization Partners, which offers tools to simplify hiring international job candidates, raises $200M at a $4.2B valuation from Vista Equity Partners — Company helps businesses outsource tasks associated with hiring people abroad, and has seen massive growth due to the Covid-19 pandemic
Arjun Kharpal / CNBC:
The cryptocurrency market has lost ~$130B over the last 24 hours; bitcoin and ether reached their lowest level since July and are down 50%+ from all-time highs — – The cryptocurrency market saw around $130 billion wiped off its value over the last day as major digital coins continued their multi-day sell-off.
Sylvia Pfeifer / Financial Times:
Autonomous air taxi startup Wisk Aero, a joint venture between Boeing and Kitty Hawk, raises $450M from Boeing — US manufacturer’s Wisk investment is latest sign of investor appetite in emerging sector — Boeing has committed another $450m in an existing joint venture focused …
Christine Hall / TechCrunch:
Sayata, which offers an automated online insurance marketplace for SMBs, adds $35M to its $17M Series A from August 2021 — Insurance broker and carrier marketplace Sayata took in $35 million in additional funds toward its Series A after raising $17 million in funds last August.
Shaji Mathew / Bloomberg:
Riyadh-based Elm, a digital security company owned by Saudi Arabia’s sovereign wealth fund, seeks to raise as much as $820M from an IPO — Elm Co., a digital security firm owned by Saudi Arabia’s sovereign wealth fund, is seeking to raise as much $820 million from an IPO as the kingdom pushes ahead …