Siemens and Volkswagen provided $450m for the latter's Electrify America subsidiary while Leaps by Bayer helped push ReCode Therapeutics‘ series B round to $200m.

Funds

Japan-headquartered advanced materials producer Mitsubishi Chemical Holdings Group (MCHG) has teamed up with innovation platform Plug and Play Japan to form a startup challenge scheme dubbed Tanamin Digital Health Challenge, which will be formally launched in July this year. MCHG and Plug and Play Japan will accept submissions from digital healthcare technology developers working on areas including amyotrophic lateral sclerosis patient treatment, decentralised clinical trial digitalisation and preventative vaccination development. Finalists will have the opportunity to conduct a proof of concept with MCHG, pursue a long-term collaboration with its Mitsubishi Tanabe Pharma unit and receive funding from MCHG’s venture department in Japan and its US-based Diamond Edge Ventures vehicle.

Japan-based automotive components manufacturer Toyota Boshoku’s president and chief executive, Masayoshi Shirayanagi, told Nikkan yesterday the firm intends to form a corporate venturing vehicle in a bid to help electrify the automotive industry.

Funding

Company Company
description
Sector Country Round Round size($) Deal date Investors
Electrify America Ultra-fast charging network subsidiary of Volkswagen Transport US N/A 450 28/06/2022 Volkswagen, Siemens
ReCode Therapeutics Genetic therapeutics developer Healthcare US B 200 (updated) 29/06/2022 Bayer (Leaps by Bayer), Amgen (Amgen Ventures),
Pfizer (Pfizer Ventures), Sanofi (Sanofi Ventures), EcoR1 Capital, AyurMaya, Superstring Capital, OrbiMed, Vida Ventures, MPM Capital, Colt Ventures, Hunt Technology Ventures, NS Investment, Osage University Partners, funds managed by Tekla Capital Management
Visby Medical Medical diagnostics technology developer Healthcare US E 135+ (updated) 29/06/2022 Cedars Sinai Medical Center, Ping An (Ping An Voyager Partners); Healthcare of Ontario Pension Plan, Lightrock, John Doerr, ND Capital, Artiman Ventures, Pitango Venture Capital, Blue Water Life Science Advisors, J Ventures, Nissim Capital
MiroBio Autoimmune disease therapy developer Healthcare UK B 97 29/06/2022 GSKSR One; Medicxi (lead), OrbiMed, Monograph Capital, Oxford Science Enterprises, Samsara BioCapital, Advent Life Sciences
Gloat Employee talent matching platform Services US B 90 28/06/2022 Fidelity (Eight Roads Ventures), Intel (Intel Capital); Generation Investment Management (lead), Accel, Lumir Ventures
Semi-Tech Industrial software provider Industrial China A++ & B 80.6 29/06/2022 BYD; Hillhouse (GL Ventures), China Internet Investment Fund, Inno-Chip
Front Customer management software provider Services US D 65 28/06/2022 Salesforce (Salesforce Ventures) (co-lead); Battery Ventures (co-lead), Jennifer Tejada, Sequoia Capital, Threshold Ventures, Uncork Capital
Cyolo Cybersecurity technology provider IT Israel B 60 28/06/2022 National Grid (National Grid Partners) (lead); Glilot Capital Partners, Flint Capital, Differential Ventures, Merlin Ventures
PolySign Blockchain-equipped digital asset management service Financial US C 53 28/06/2022 Cowen Digital (lead), GSR; Brevan Howard, Boathouse Capital
Centerline Biomedical Surgical navigation device developer Healthcare US B 33 27/06/2022 Cleveland Clinic (lead), General Electric (GE Healthcare); RIK Enterprises, JobsOhio, Jumpstart Ventures, G2 Group Ventures
Socially Determined Social risk analytics tool provider Healthcare US B 26 28/06/2022 OSF Healthcare, Link-Age (Ziegler Link-Age Funds); Questa Capital (lead), LRVHealth, HealthWorx
Circulor Supply chain tracing platform for sustainable raw materials Services UK B 25 28/06/2022 Volvo Cars (Volvo Cars Technology Fund), Jaguar Land Rover (InMotion Ventures), BHP Group (BHP Ventures), Salesforce (Salesforce Ventures), Heritage Group (HG Ventures); Westly Group (lead), Systemiq Capital, Future Positive Capital, 24Haymarket
Opaque Systems Confidential computing analytics platform IT US A 22 28/06/2022 Intel (Intel Capital); Walden Catalyst Partners (lead), Storm Ventures, Thomvest Ventures,Race Capital, The House Fund, FactoryHQ
Cleartrace Decarbonisation-focused data aggregator Energy and Natural Resources US N/A 20 29/06/2022 Brookfield Renewable, EDF Energy North America, Tenaska, Exelon; ClearSky (lead)
Micropep Technologies Sustainable agrochemical substitute developer Industrial France A 18 27/06/2022 FMC Corporation (FMC Corporation Ventures); Fall Line Capital, Supernova Invest, Sofinnova Partners, IRDI Capital Investissement
Mapan Credit digitalisation service Financial Indonesia A 15 29/06/2022 Astra International (Astra Digital Internasional) (co-lead), Bank BRI (BRI Ventures), Sinar Mas (SMDV), Blibli; Patamar Capital (co-lead), Prasetia Dwidharma, Flourish Ventures, 500 Global
Goals Food industry staffing service Services Japan A 11.3 29/06/2022 Info Mart, Mizuho Bank (Mizuho Capital), Mitsubishi UFJ (Mitsubishi UFJ Capital), Shinsei Bank (Shinsei Corporate Investment), Aozora Bank (Aozora Corporate Investment), Shoko Chukin Bank; All Star SaaS Fund (lead), Angel Bridge
Timecho Database management software provider IT Germany N/A 10+ 29/06/2022 Cloudwise; Sequoia China (lead), Koalafund, Gobi China
Nihon Agri Domestic produce exporter Consumer Japan B 8.1 29/06/2022 Oisix Ra Daichi, Senko Group, NichiryuNagase (Welzo), Fukuoka Sonoriku; Agri-Invest, Kozo Fukushima
Project Twelve (P12) Remote Web3 gaming technology developer Media US N/A 8 28/06/2022 MetaApp; Project Galaxy, Primavera Ventures, CyberConnect, CCV, InfinityLeague, Smrti Lab
Strive Muscle optimisation technology provider for athletes Healthcare US A 6 29/06/2022 Macnica (Macnica Investment Partners); Future Communities Capital (lead), SeaChange Fund, SeedtoB Capital, Jas Ventures, Gaingels, Founders First, Fama Ventures, Biosphere Investment Group, Thinkuvate, Jonathan Taylor, Troy Smith
Kukua Educational entertainment content provider Services Kenya A 6 29/06/2022 Tencent (co-lead); Alchimia (co-lead), EchoVC, Firstminute Capital, Auxxo Female Catalyst
Tech Doctor Data analysis software provider focusing on medical and mental health Healthcare Japan A 3.7 29/06/2022 Sumitomo Mitsui Insurance (Sumitomo Mitsui Insurance Venture Capital), Mizuho Bank (Mizuho Capital); Jafco, Nippon Venture Capital, Genesia Ventures
QuickGet Convenience store-oriented grocery delivery service Consumer Japan N/A 2.6 29/06/2022 Monex (Monex Ventures), Coconala (Coconala Skill Partners); Spiral Capital, unnamed private investors
Ac-Planta Biostimulant materials developer Industrial Japan Pre-A 1.7 29/06/2022 Gree (Gree Ventures), Sony (Sony Innovation Fund)
Naturbeads Sustainable plastic substitute developer Industrial UK N/A 1.5 28/06/2022 Proionic; Progress Tech Transfer, Eos Advisory 
Sanity Structured content platform operator Media US N/A N/A 28/06/2022 Shopify
Gig User experience design platform IT Japan N/A N/A 23/06/2022 Innovation & Hayate Investment (Innovation Hayate V Capital)
Cresco Spine Scoliosis-focused surgical therapy developer Healthcare Netherlands Seed N/A 27/06/2022 InSpine; Utrecht Health Seed Fund
Edison Fu

Edison Fu is head of Asia development at Global Corporate Venturing.