Paragon Biosciences was part of Emalex Biosciences’ $250m series D while CMA CGM and AP Moller participated in an $80m round for Project44.

Mozilla Firefox
Image courtesy of Mozilla.

Fund

Mozilla, the US-based operator of internet browser Firefox, has formed a $35m corporate venturing fund called Mozilla Ventures. The fund will back responsible technology developers that focus on privacy, inclusion, transparency, accessibility and human dignity. Managing partner Mohamed Nanabhay will lead the unit.

Funding

Company Company description Sector Country Round Round size($m) Deal date Investors
Emalex Biosciences Tourette syndrome drug developer Healthcare US D 250 03/11/2022 Paragon Biosciences; Bain Capital (Bain Capital Life Sciences) (lead), Valor Equity Partners, Fidelity Management & Research Company
Project44 Supply chain visibility platform Services US N/A 80 03/11/2022 CMA CGM, AP Moller Holding; Generation Investment Management (lead), Goldman Sachs Asset Management, TPG, Emergence Capital, Chicago Ventures, Sapphire, 8VC, Sozo Ventures, Omidyar Technology Ventures
Xeal  EV charging solutions platform  Transport US B 40 03/11/2022 Copec (Wind Ventures); Keyframe Capital (lead), ArcTern Ventures, Moderne Ventures,  Ramez Naam, Nexus Labs, Alpaca VC
Dataloop Cash infusion securer  Financial Israel B 33 03/11/2022 Nokia (NGP Capital) (lead); Alpha Wave Global
Logiwa Cloud fulfillment platform IT US B 26.4 (updated) 03/11/2022 Prologis (Prologis Ventures); BAM Elevate
Jiangxing Intelligence Electricity-focused edge AI technology provider IT China Pre-B 20.5 03/11/2022 Lenovo (Lenovo Capital); Everest VC, Incubator Group, Z&Y Capital, Vlight Capital
WalletConnect Web3 communications firm Media US N/A 12.5 04/11/2022 Coinbase (Coinbase Ventures), Shopify, Polygon, HashKey, Circle (Circle Ventures), ConsenSys, Uniswap (Uniswap Labs Ventures); Foresight Ventures, 1kx 
Boston Materials Industrial fibre material producer Industrial US A2 12 03/11/2022 PTT Global Chemical; Good Growth Capital (lead), GS Group, Accelr8, Valo Ventures, ACVC Partners, Gatemore Venture Partners
Audette Real estate urban development platform Services Canada Seed 9.5 03/11/2022 Osgoode Properties, Johnson Controls; Buoyant Ventures (lead), Energy Impact Partners, Turnham-Green Capital, Active Impact Investments, Powerhouse Ventures
LetsBuild Construction management software provider IT Belgium Seed 6.2 03/11/2022 Matexi, Solar; Fortino Capital (lead), Kaya
Playthink NFT services developer Financial Japan A 3.2 04/11/2022 Gree (Strive), United, F4Samurai, Double Jump.Tokyo, OLM (OLM Ventures); W Fund
PasarMikro Upstream agricultural trade company Industrial  Indonesia Seed 2.5 03/11/2022 Genting Group (Genting Ventures); Trihill Capital, Resolution Ventures, 1982 Ventures
Lawfully Immigration status management app Services US Seed 2.5 03/11/2022 Lotte (Lotte Ventures); Bluepoint Partners, TBT
Slide SaaS platform for GCC Information Technology US Pre-Seed 1.75 04/11/2022 UnifonicX (Unifonic)
LearningBox Online learning system provider Services Japan N/A 1.7 04/11/2022 Benesse Holdings, Change
Jinhsheng New Energy Lithium battery recycling company Energy China B+ N/A 03/11/2022 Bosch, Shaanxi Automobile Group; Fortune Capital, CoStone Capital, CCT Fund, Guangdong Development Fund, Bosera Asset Management
New Culture  Cheese manufacturing startup Consumer South Kor N/A N/A 03/11/2022 CJ CheilJedang 
Lens Protocol Decentralised identity authentication platform IT N/A N/A N/A 04/11/2022 FTX (FTX Ventures)
Jingsheng New Energy Lithium battery recycling technology developer Energy and Natural Resources China B+ N/A 03/11/2022 Bosch, Shaanxi Automobile Group; Fortune Capital (co-lead), Costone Capital (co-lead), CCT Fund, Guangdong Industrial Development Fund, Bosera Funds
Edison Fu

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