DeNA and Seibu Holdings helped Allm raise $180m, while several corporates are exiting ViaCyte in a $320m acquisition.

Funding

Sweden-headquartered buy now, pay later service Klarna has raised $800m from investors including fashion brand Bestseller and financial services firm Commonwealth Bank of Australia in a round that cut its valuation from $45.6bn to $6.7bn. The corporates were joined by Sequoia, Silver Lake, Mubadala Investment Company, Canada Pension Plan Investment Board and the company’s founders.

US-based medical communication software provider Allm has closed $180m in financing from internet and e-commerce company DeNA and transport and accomodation group Seibu Holdings‘ corporate venture capital arm, Seibu Realty Solutions. The funding will be used to accelerate Allm’s digital transformation activities and healthcare technology development as it looks to cut disparities in medical treatment and patient care.

M&A

Drug producer Vertex Pharmaceuticals has agreed to buy ViaCyte, a US-based developer of stem cell treatments for diabetes, in a $320m deal which will allow advanced materials producer WL Gore and pharmaceutical firms Johnson & Johnson and Pfizer to exit. ViaCyte had collected at least $210m in equity and convertible note financing as of a series D round that stood at $115m as of June 2021.

MFine, an India-based telemedicine technology provider backed by financial services provider SBI and its SBI Ven Capital Singapore subsidiary, is merging with the diagnostics subsidiary of stem-cell bank ownerLifeCell International. The combined business will be called LifeWell and the deal is being boosted by $80m in funding from healthcare investment firm OrbiMed.

Private equity firm Clearhaven Partners has paid over $100m for a controlling stake in SundaySky, a US-based video creation software producer that counts mobile network NTT Docomo and mass media groups Comcast and Liberty Global as investors. SundaySky had raised a total of $67m as of 2016.

Other funding

Company Company description Sector Country Round Round Size ($) Deal date Investors
Mysten Labs Decentralised blockchain developer IT USA B 140+ 07/11/2022 FTX (FTX Ventures) (lead)
XPeng Robotics Smart robotics affiliate of Xpeng Industrial China A 100 07/11/2022 XPeng; IDG Capital (lead), unnamed existing investors
Impress Digital orthodontics service provider Healthcare Spain  B 100 07/11/2022 Uniqa (Uniqa Ventures); LBO France, Norgine (Norgine Ventures), Claret Capital Partners, TA Ventures, Nickleby Capital
JL Semi Connected vehicle chip producer IT China C Almost 100 07/11/2022 Will Semiconductor (Inno-Chip), Xinchao Group; Citic (Citic Capital) (co-lead) SummitView Capital (co-lead)
Inspirna Oncology drug developer Healthcare USA D 50 07/11/2022 Novo, Lepu Medical; Sands Capital (co-lead), Vivo Capital (co-lead), Dreavent 6, Sixty Degree Capital Fund, New York City Investment Fund
Carbonext  Carbon credits Energy  Brazil N/A 40 07/11/2022 Shell
Edge Gaming content sharing platform Media Israel A 30 07/11/2022 Playtika; Corner Ventures (lead), Stardom Ventures, AnD Ventures
GD-Micromach Laser manufacturing equipment maker Industrial China N/A 29.7 07/11/2022 National Manufacturing Transformation and Upgrade Fund Co; Sunrise Investment
Intellect Mental health care provider Healthcare Singapore A 20 (updated) 07/11/2022 Singtel (Singtel Innov8), Persol; Tiger Global Management (lead), Insignia Venture Partners, HOF Capital, K3 Ventures, unnamed others
Asset Class Investment management software provider Financial USA A 11.6 07/12/2022 Live Oak Bancshares (Canapi Ventures (lead), Live Oak Ventures); Plexus Capital, Total Technology Ventures
Pexapark Renewable energy sales services provider Energy and Natural Resources Switzerland B 8.1 07/04/2022 Fluence, Encavis, BayWa r.e. (BayWa r.e. Energy Ventures), RP Global, S&P Global (S&P Global Commodity Insights); The Technology Fund 
Nous Epiceries Anti-Gaspi An online waste-free groceries company Consumer  France Early VC 8 07/12/2022 Danone (Danone Manifesto Ventures); Eutopia, Quadria Capital 
Halo Labs Life sciences instruments producer Healthcare USA C 6 07/08/2022 Agilent Technologies (lead), Research Corporation Technologies; Broad Oak Capital Partners, BioAdvance
Li.Fi Decentralised exchange aggregator Financial  Germany N/A 5.5 6/24/2022 Coinbase (Coinbase Ventures);  1kx (lead), Dragonfly Capital, Lattice Capital, Scalar Capital, 6th Man Ventures, BairesDAO, AngelDAO
Penny  Pensions consolidation app developer Financial  UK Seed 4.7 07/11/2022 Alphabet (Gradient Ventures); Tom Blomfeld, Hristo Borisov
Interior Teacher  Interior design services marketplace Consumer  South Korea A 3.4 07/11/2022 Naver; Hana Financial (Hana Ventures (lead), Hana Financial Investment), Korea Investment Partners, Strong Ventures, BSK Investment, Delta Investment 
Paladin Cloud  Cloud security software developer IT  USA Seed 3.3 07/11/2022 Samsung (Samsung Next), T-Mobile (T-Mobile Ventures), UST; Okapi Venture Capital (co-lead) Bowery Capital (co-lead), SaaS Ventures, Touchdown Ventures, 
Bravo Ready Video games studio Media Canada Seed 3 07/11/2022 Solana (Solana Ventures); 6th Man Ventures, Sino Global Capital, Shima Capital
Ancileo Insurance engagement software provider Financial Singapore Seed 3 07/11/2022 Fermion
Caravelo Airline marketing services provider Services Spain N/A 3 07/11/2022 Banco Sabadell (Sabadell Venture Capital); Inveready Venture Finance
CleanO2 Carbon Capture Technologies Carbon capture technology developer Energy Canada Seed 2.1 07/11/2022 Tiri Group; Regeneration.VC (lead), Duke Street Investments, Export Development Canada, Local Investment YYC Cooperative
Byzantion NFT trading and data infrastructure provider Financial USA Pre-Seed 1 07/11/2022 CryptoSlam; Hivemind (lead), KCRise Fund, Backend Capital
Logistiko EL  Logistics industry software developer IT  Spain Seed 0.75 07/12/2022 Global Omnium (GoHub), Demium, Julián Recuenco, Juan Quintana
Enablecomp Healthcare yield software producer Healthcare USA N/A N/A 07/12/2022 Memorial Hermann Health System; Welsh, Carson, Anderson & Stowe