TCL provided $267m for GCL Semiconductor while several corporates took part in Hidden Road's $50m series A round.
M&A
Automotive e-commerce marketplace Autochek has acquired CoinAfrique, the Mauritius-based operator of a French-speaking, Africa-focused online classified advertising platform, for an undisclosed amount, allowing media group Trace TV, TechCrunch reported on Wednesday.
Funding
| Company name | Company description | Sector | Country | Round | Round size($m) | Deal date | Investors |
|---|---|---|---|---|---|---|---|
| GCL Semiconductor | Silicon material developer | IT | China | A | 267 | 08/07/2022 | TCL |
| Hidden Road | Digital credit network for institutional investors | Financial | British Virgin Islands | A | 50 | 07/07/2022 | FTX (FTX Ventures), Coinbase (Coinbase Ventures), Profluent Trading, Wintermute; Castle Island Ventures (lead), Citadel Securities, Uncorrelated Ventures, Greycroft, XBTO (XBTO Humla Ventures), SLN Capital, Corner Capital |
| Kernal Biologics | Cancer therapeutics developer | Healthcare | US | A | 25 | 07/07/2022 | Amgen (Amgen Ventures); Hummingbird Ventures (lead), HBM Genomics, Civilization Ventures, unnamed VCs, family offices and private investors |
| Ganymed Robotics | Orthopaedic surgery-focused robotics technology developer | Healthcare | France | B | 21.3 | 07/07/2022 | BNP Paribas (BNP Paribas Développement); Cathay Capital (Cathay Health) (lead), Crédit Mutuel Innovation, Eurazeo (Kurma Partners) |
| Tise | Mobile second-hand fashion marketplace | Consumer | Norway | N/A | 19.7 | 06/07/2022 | Norway Post Group (Bring Ventures), eBay (eBay Ventures); Nysno Climate Investments, unnamed existing investors |
| Lucinity | Anti-money laundering software developer | Financial | Iceland | B | 17 | 07/07/2022 | Experian; Keen Venture Partners (lead), Crowberry Capital, Karma Ventures, ByFounders |
| BKN301 | Payment and banking software developer | Financial | US | A | 15.3 | 08/07/2022 | Naspers (PayU); Abalone Group (lead), GNB Swiss Investments, Azimut Digitech Fund, CRIF |
| Fyto | Aquatic plant-focused automation technology developer | Industrial | US | A | 15 | 07/07/2022 | Alphabet (GV) (lead); AgFunder, Refactor Capital, First Star Ventures, Bolt |
| Phytolon | Fermentation-based natural food colouring developer | Consumer | Israel | A | 14.5 | 08/07/2022 | Royal DSM (DSM Venturing) (lead), Ginkgo Bioworks Agriline; ADM Capital (Cibus Fund), Trendlines Group (Trendlines Agrifood Fund), Millennium Food-Tech, Stern Tech, Arkin Holdings, Yossi Ackerman |
| Sortera Alloys | Industrial scrap metal sorting and recycling service | Industrial | US | N/A | 10 | 08/07/2022 | Novelis; Assembly Ventures (lead), Breakthrough Energy (Breakthrough Energy Ventures) |
| Thalex | Stablecoin-oriented crypto options and futures provider | Financial | UK | A | 7.6 | 07/07/2022 | Bitfinex, Bitstamp, Flow Traders, IMC, Wintermute; QCP |
| 7 Generation Capital | Electric vehicle charging infrastructure developer | Transport | Canada | A | 6.2 | 06/07/2022 | Siemens (Siemens Financial Services) (co-lead); Fonds de solidarité FTQ (co-lead) |
| Bitmark | Blockchain NFT wallet developer | Financial | Taiwan | N/A | 5.6 | 06/07/2022 | Galaxy Digital (Galaxy Interactive) (co-lead); North Island Ventures (co-lead) |
| GloveBox | Insurance document management platform | Financial | US | A | 5.5 | 07/07/2022 | Heffernan Insurance Brokers; Panoramic Ventures (lead) |
| Phospholutions | Sustainable fertiliser producer | Industrial | US | N/A | 5.25 | 08/07/2022 | Bunge (Bunge Ventures), UPL; Ospraie Ag Science |
| Rey Assurance | Life and health insurance provider | Financial | Indonesia | Seed | 4.2 | 06/07/2022 | Reycom Document Solusi; Trans-Pacific Technology Fund (lead), Genesia Ventures |
| Crypthulhu Studio | Web3 game developer | Media | US | N/A | 3 | 06/07/2022 | Dapper Labs (co-lead); Coatue (co-lead) |
| Popclub | Direct-to-consumer marketplace operator | Consumer | India | N/A | 1.2 | 07/07/2022 | BookMyShow |
| Makiyama Brothers | Operator of social networking video material aggregator DeLMO | Media | Japan | Seed | <1 ($370,000) | 08/07/2022 | Vector |
| Intain | Blockchain-enabled structured finance platform | Financial | US | N/A | N/A | 07/07/2022 | Blizzard (lead); Jam Fintop |
| Bendcare | Healthcare management services provider | Healthcare | US | N/A | N/A | 06/07/2022 | Cardinal Health |
| Well-Beat | Patient-centred behavioural technology developer | Healthcare | Israel | N/A | N/A | 06/07/2022 | UST |
| Flagchip | Automotive chip developer | IT | China | B | N/A | 08/07/2022 | Intel (Intel Capital) (lead), GAC Motor (GAC Capital); Kington Capital, Glory Ventures |
| Stardust | Youth-focused influencer marketing agency | Media | Italy | N/A | N/A | 08/07/2022 | Gedi Gruppo Editoriale |
| White Cross | Online dental news and services network | Healthcare | Japan | B | N/A | 08/07/2022 | Morita, Nippon Life (Nissay Capital), Sumitomo Mitsui Banking Corporation (SMBC Venture Capital); unnamed private investors |
