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Weekly News of 13th of June

Online Czech grocery Rohlik raises 220 million euros in further financing round

 

Rohlik Group has raised 220 million euros in Series D financing round led by Belgian investor Sofina, reports Reuters.

The group said the new round put the firm’s valuation above the C series last July, which made it a unicorn with valuation of 1 billion euros ($1.05 billion).

Funds will be used to accelerate tech innovations, including automation of fulfilment centres, electric mobility, and further expansion in existing countries, according to the company statement.

It said current investors including Index Ventures and founder Tomas Cupr took part in the round, which put the firm’s total capital raised to date at over 500 million euros.

The company operates under several brands in Prague, Budapest, Vienna, Munich, Frankfurt and plans to launch soon in Hamburg, Milan, Bucharest and Madrid.

It said it was serving more than 1 million customers and had revenue of 500 million euros last year.

 

DigitalBridge to sell stake in data center platform DataBank for $1.2 bln

 

Digital infrastructure investment firm DigitalBridge Group would sell a 27% stake in its data center platform, DataBank, to affiliates of Swiss Life Asset Management AG and EDF Invest for about $1.2 billion in cash, reports Reuters.

The data center industry has emerged as a hotbed of consolidation activity over the past two years due to its role in cloud computing infrastructure and a strong growth outlook underpinned by the expanding digital presence of businesses.

DigitalBridge said it would own 15.5% of DataBank after the stake sale.

 

DataBank’s portfolio comprises more than 65 data centers and 20 interconnection hubs in more than 27 markets, the company added.

DigitalBridge in May agreed to buy data center operator Switch for $11 billion, including debt, marking a major deal in the digital asset sector that has attracted large private equity firms and infrastructure funds.

HomeLight’s valuation touches $1.7 billion after latest fundraise

 

HomeLight had raised $115 million in a late-stage funding round that valued the real-estate home technology platform at $1.7 billion, reports Reuters.

The series D funding round, which brought $60 million in equity and $55 million in debt, comes at a time the U.S. housing market is slowing due to rising mortgage rates and the prospect of aggressive rate hikes eating into homebuying demand.

 

MegaRobo raises $300 mln in Goldman Sachs-led funding round

 

MegaRobo Technologies, a Chinese start-up that uses artificial intelligence and robotics in life sciences research, has raised $300 million in a funding round led by Goldman Sachs Asset Management, Asia Investment Capital and GGV Capital, reports Reuters.

The six-year-old company is the latest start-up from the pharmaceutical industry to capitalize on a jump in investor interest in the sector after the COVID-19 pandemic.