Daily Deal Round Up: July 8, 2022 -

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,… Subscribe to go deeper GCV subscribers get access to all our proprietary data and deep-dive articles, as well as the global directory of CVC investors. Not sure if you have a subscription? Edison Fu Edison Fu is a reporter and Asia liaison at Global Corporate Venturing. Email LinkedIn LEADERSHIP SOCIETY Informing, connecting, and transforming the global corporate venture capital ecosystem. The Global Corporate Venturing (GCV) Leadership Society’s mission is to help bridge the different strengths and ambitions of investors across industry sectors, geography, structure, and their returns. Find out more Featured Content FUNDING ROUND DATA Which corporates are backing which startups? Search our corporate deal database. FUNDING ROUND DATA Which corporates are backing which startups? Search our corporate deal database. CVC DIRECTORY Find details about global CVC units in the CVC Directory CVC DIRECTORY Find details about global CVC units in the CVC Directory NOMINATE Make a nomination for Rising Stars and Emerging Leaders NOMINATE Make a nomination for Rising Stars and Emerging Leaders Events GCV Institute: CVC Investment Programs Dec 3 - Dec 4, 2024 Online Find out more All events Events GCV Connect: Korea 2024 Dec 10 - Dec 12, 2024 Seoul (South Korea) Find out more All events Events GCV Institute: CVC Investment Programs Jan 28 - Jan 29, 2025 Online Find out more All events Events GCV Institute: CVC Investment Programs Mar 17 - Mar 18, 2025 Palo Alto, CA (USA) Find out more All events Events GCVI Summit 2025 Mar 18 - Mar 20, 2025 Monterey, CA (USA) Find out more All events Events GCV Institute: Landing the Value of Corporate Venturing May 1 - May 6, 2025 Online Find out more All events Events GCV Symposium 2025 Jun 17 - Jun 19, 2025 London (UK) Find out more All events Top News Scania to loan Northvolt $100m as battery maker files for bankruptcy Corporate investors tap $30bn secondary market to exit startup holdings Thomas leaves Flipkart Ventures associate director role Tou and Lavizzari leave Sony Ventures Telemedicine didn't solve healthcare's funding crisis — but AI may do better Japan's startups under pressure to raise more money and go global About us GCV provides the global corporate venturing community and their ecosystem partners with the information, insights and access needed to drive impactful open innovation. Across our three services - News & Analysis, Community & Events, and the GCV Institute - we create a network-rich environment for global innovation and capital to meet and thrive. At the heart of our community sits the GCV Leadership Society, providing privileged access to all our services and resources. Navigation Membership Events Subscribe Newsletters About Us Contact Us © 2024 Mawsonia Ltd. All rights reserved. test reg Login Remember me Forgot password? Not yet subscribed? See your subscription offers here This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish.Accept Read More Privacy & Cookies Policy Privacy Overview This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience. Necessary Necessary Always Enabled Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information. Non-necessary Non-necessary Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website. SAVE & ACCEPT

Company name

Company description

Sector

Country

Round

Round size($m)

Deal date

Investors

GCL Semiconductor

Silicon material developer

China

267

08/07/2022

TCL

Hidden Road

Digital credit network for institutional investors

Financial

British Virgin Islands

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,…

Subscribe to go deeper

GCV subscribers get access to all our proprietary data and deep-dive articles, as well as the global directory of CVC investors.

Not sure if you have a subscription?

Edison Fu

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

Email LinkedIn

LEADERSHIP SOCIETY

Informing, connecting, and transforming the global corporate venture capital ecosystem.
The Global Corporate Venturing (GCV) Leadership Society’s mission is to help bridge the different strengths and ambitions of investors across industry sectors, geography, structure, and their returns.

Find out more

FUNDING ROUND DATA

Which corporates are backing which startups? Search our corporate deal database.

CVC DIRECTORY

Find details about global CVC units in the CVC Directory

NOMINATE

Make a nomination for Rising Stars and Emerging Leaders

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About us

GCV provides the global corporate venturing community and their ecosystem partners with the information, insights and access needed to drive impactful open innovation. Across our three services - News & Analysis, Community & Events, and the GCV Institute - we create a network-rich environment for global innovation and capital to meet and thrive. At the heart of our community sits the GCV Leadership Society, providing privileged access to all our services and resources.