Lunar Energy disclosed $300m from investors including Sunrun and SK, and acquired Honda, Itochu and Tokyo Electric Power-backed Moixa for an undisclosed amount.

M&A

Homeowner-focused electrification technology provider Lunar Energy has acquired Moixa, the UK-based smart battery developer backed by carmaker Honda, conglomerate Itochu and energy utility Tokyo Electric Power Company, for an undisclosed amount. The deal enabled Itochu and Honda to become shareholders in Lunar, which emerged from stealth yesterday having raised $300m since 2020 (see below).

Collaborative data operations platform Nexla has purchased Fidap, a US-based data infrastructure builder that counts internet and technology group Alphabet’s Gradient Ventures unit as…

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Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.
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