SoftBank Vision Fund 2 led virtual power plant developer Swell Energy's $120m series B round while Kirin led a $70m round for craft beer brand Bira91.

Photo courtesy of Swell Energy

Funding

Company name Company description Sector Country Round Round Size ($) Deal date Investors
Swell Energy Virtual power plant developer Energy and Natural Resources US B 120 22/11/2022 SoftBank (SoftBank Vision Fund 2) (lead); Greenbacker (Greenbacker Development Opportunities Fund I), Ontario Power Generation Pension Fund, Ares Management (Ares Infrastructure Opportunities Fund)
Bira91 Craft beer producer Consumer India D 70 22/11/2022 Kirin Holdings (lead)
Thin Red Line Augmented reality technology developer Media  China N/A 50 23/11/2022 Meituan (Dragonball Capital) (lead), Lenovo (Lenovo Capital and Incubator Group), DJI; BlueRun Ventures China, Matrix Partners China, ATM Capital 
CatalYm Solid…

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Roshini Bains

Roshini Bains is the junior news reporter for Global Corporate Venturing and Global University Venturing.

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