Tencent and Sony have provided $263m for FromSoftware while Piramal Capital & Housing Finance backed EarlySalary’s $110m series D round.

M&A Internet technology group NetEase has acquired one of its portfolio companies, France-based video game developer Quantic Dream. The size of the transaction was not disclosed size but it was carried out by the corporate’s NetEase Games subsidiary, three years after it invested an undisclosed amount in Quantic Dream. Regulatory compliance software provider Relativity has bought portfolio company Heretik, a US-based developer of contract review tools, for an undisclosed amount. The company raised $3m from investors including Relativity, Corazon Capital and Chicago Ventures across two rounds in 2017. Funding CompanyCompany descriptionSectorCountryRoundRound size($m)Deal dateInvestorsFromSoftwareVideo game subsidiary of publisher KadokawaMediaJapanN/A26331/08/2022Tencent (Sixjoy Hong Kong), Sony (Sony Interactive Entertainment)EarlySalaryDigital lending serviceFinancialIndiaD11029/08/2022Piramal Capital & Housing Finance; TPG (Rise Fund), Norwest Venture PartnersXterioBlockchain gaming platformMediaSwitzerlandN/A4031/08/2022FunPlus (lead), FTX (FTX Ventures), XPLA, HashKey, Animoca Brands; Makers Fund, Foresight Ventures, Infinity Ventures Crypto, Matrix PartnersBlue World TechnologiesMethanol fuel cell technology developerEnergy and Natural ResourcesDenmarkB37.230/08/2022Deutz; Breakthrough Energy (Breakthrough Energy Ventures), VaekstfondenoViceVirtual office and event platformMediaJapanB32.431/08/2022Salesforce (Salesforce Ventures), Digital Garage (DG Incubation); One Capital, Jafco, Fidelity (Eight Roads), Miraise, SBI Holdings (SBI Investment), unnamed others; Mizuho Bank, Shoko Chukin Bank (debt)MavenoidHardware-focused troubleshooting tool providerITSwedenB3030/08/2022ABB (ABB Technology Ventures); Smedvig Capital (lead), Creandum, Mosaic, Point Nine Capital, NordicNinjaGaudiyWeb3-based fan communication platformMediaJapanB24.5 (updated)31/08/2022Sony Music Entertainment Japan, Mitsubishi UFJ (Mitsubishi UFJ Innovation Partners), Sanrio, Mizuho Bank (Mizuho Capital)ThirdAI building management software providerITJapanB18.731/08/2022Digital Garage (DG Daiwa Ventures), Digital Garage (DG Incubation), Tokyu Fudosan (unnamed CVC unit); Jafco (lead), SBI Holdings (SBI Investment), Spiral CapitalRecurveVirtual power plant software producerEnergy and Natural ResourcesUSB1830/08/2022Calpine (Calpine Energy Solutions), Toshiba (Toshiba Energy Systems & Solutions); Quantum Energy Partners (Quantum Innovation Fund), Energy FoundryTarciBusiness data provider for sales teamsServicesUSA1730/08/2022Liberty Mutual Insurance (Liberty Mutual Strategic Ventures); Sound Ventures (lead), Global Founders CapitalEV Motors JapanElectric vehicle manufacturer and charging station operatorTransportJapanC12.4 (updated)31/08/2022Kansai Electric Power (K4 Ventures), Kyuden Technosystems Corporation, Hankyu BusPopulusTransportation data aggregatorTransportUSA1131/08/2022Comcast (Comcast Ventures); Zero Infinity Partners (co-lead), Climactic (co-lead), FootPrint Coalition VenturesDevicieWorkers’ laptop procurement serviceServicesAustraliaA9.630/08/2022CyberCX; Insight Partners (lead)CuriMetaHealth data aggregatorHealthcareUSSeed630/08/2022BJC HealthCare; Washington University School of Medicine (lead), Cultivation Capital (Cultivation Capital Healthcare Innovation Fund)RexevElectric vehicle implementation support serviceTransportJapanB6 (updated)31/08/2022Zenrin (Zenrin Future Partners), NTT WestPaizaIT engineer-oriented employment and education platformServicesJapanB5.131/08/2022Persol Career, Outsourcing Technology, Benesse Holdings, Serverworks; Paiza management teamIPidBank account valiadation serviceFinancialSingaporeSeed3.331/08/2022Credit Saison (Saison Capital); Rapyd Ventures, Jungle Ventures, 1982 Ventures, Resolution Ventures, XA Network, Wing VasiksiriApeiron BioenergyUsed cooking oil vendorConsumerSingaporeN/AN/A31/08/2022Mitsui (Mitsui Chemicals)UptimaFinancial consultancy group FinancialUSN/AN/A31/08/2022Salesforce (Salesforce Ventures), Docusign (Docusign Ventures)

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Edison Fu

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