Lockheed Martin-backed Tempo Automation sealed its reverse merger while Strand Therapeutics upped a round featuring Eli Lilly and Beigene to $97m.

Courtesy of Pexels Public markets Tempo Automation, a US-based industrial automation software provider that counts aerospace manufacturer Lockheed Martin as an investor, completed its reverse merger with special purpose acquisition company Ace Convergence Acquisition Corp and is now listed on the Nasdaq market. It agreed the $919m deal in October 2021. Funding Company nameCompany descriptionSectorCountryRoundRound Size ($)Deal dateInvestorsStrand Therapeutics Programmable mRNA therapy developerHealthcareUSA97 (updated)29/11/2022Eli Lilly, Beigene; FPV, Potentum Partners, Playground Global, Redmile Group, Anri, Camford CapitalFrankieOneIdentity verification software providerITAustraliaA+30.6 (updated)28/11/2022Westpac (Reinventure), Binance (Binance Labs), Kraken (Kraken Ventures); AirTree Ventures (lead), Greycroft, Tidal Ventures, Apex Capital PartnersKilnStaking technology providerFinancialFranceN/A17.628/11/2022Consensys, GSR, Kraken (Kraken Ventures), XBTO; Illuminate Financial (lead), Leadblock Partners, Sparkle Ventures, 3KVC, Blue Yard Capital, SV Angel, AlvenMicron BiomedicalDrug administration technology developerHealthcareUSA1428/11/2022LTS Lohmann; Global Health Investment Corporation (lead), GRA Venture Fund, Bill & Melinda Gates Foundation, Centers for Disease Control and Prevention, Unicef, PathDeepomaticTelecoms task management software producerTelecomsFranceB10.531/10/2022EnBW (EnBW New Ventures) (co-lead), Orbia (Orbia Ventures) (co-lead), Swisscom (Swisscom Ventures); Alven, Hi Inov Range EnergyElectrically-powered trailer manufacturerTransportUSSeed829/11/2022Yamaha Motor Company (Yamaha Motor Ventures); Up Partners (lead), R7EjaraDecentralised digital wallet developerFinancialCameroonA828/11/2022Coinshares (Coinshares Ventures), Circle (Circle Ventures), Moonstake, Emurgo, Wanxiang (Hashkey); Anthemis (co-lead), Dragonfly Capital (co-lead), Mercy Corps (Mercy Corps Ventures), Lateral Capital, BPIFrance, Jason YanowitzAmuse OneselfDrone scanner system developerIndustrialJapanN/A7.229/11/2022Fujita Corporation (equity); Sumitomo Mitsui Banking Corporation, Mizuho Bank (debt)Lyte VenturesFreelancer financing platform developerFinancialSingaporeN/A6.628/11/2022MS&AD (MS&AD Ventures), Singapore Telecommunications (Singtel Innov8); Tan Chin Hwee, Chin Qui Hin, Koh Boon HweeEsqaOmnichannel beauty brandConsumerIndonesiaA629/11/2022Unilever (Unilever Ventures) (lead); East VenturesWeFabric Fashion recycling serviceServicesJapanN/A5.429/11/2022Hamee, Bluebell Group; Mobile Internet Capital, Shizuoka Capital, Excellent One, Kazuhiro KodamaRausCabin rental serviceServicesGermanyN/A3.128/11/2022Boscor Group; 10x Founders (lead), Shio Capital, Bellevue Holding, Ennea VC, Nathan Blecharczyk, Speedinvest, NFQ CapitalZomozQuick service restaurant chainConsumerIndiaN/A228/11/2022Rebel FoodsX-EpicElectronic design automation softwareITChinaBN/A29/11/2022Wuhan Optics Valley Union Group (China Electronics Corporation) (co-lead); CICC (Zhongdian Zhongjin) (co-lead), Mirae Asset, Henglu Asset

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Roshini Bains

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