Weekly investor roundup: Singapore's GIC leads $240 million fundraiser for Grafana Labs; Korea's Mutual Aid Fund to issue a $328 million real estate mandate
Singapore sovereign wealth fund GIC is leading a $240 million Series D funding round for open source technology company Grafana Labs; South Korea’s Yellow Umbrella Mutual Aid Fund is seeking managers for a $328 million real estate mandate; Hong Kong's Mandatory Provident Fund (MPF) posted HK$76.2 billion loss in the first quarter of 2022, and more.
TOP NEWS OF THE WEEK:
Grafana Labs, the company behind the world’s most ubiquitous open and composable operational dashboards, has announced a $240 million Series D round of investment led by Singapore’s sovereign wealth fund GIC, said a company statement last Thursday (April 7).
The other investors include JP Morgan and existing shareholders Sequoia Capital, Coatue, Lightspeed Venture Partners, and Lead Edge Capital.
The new round gives Grafana Labs fuel to aggressively deliv…
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