Suzano and Yara participated in Agrolend’s $145m latest round while Xencor contributed to Zenas BioPharma’s $118m series B.

Digital farmer

Fund

BRI Ventures, the corporate venturing arm of Indonesian government-backed financial services firm Bank Rakyat Indonesia, reached the first close for its Sembrani Kiqani fund in June 2022, DealStreetAsia has reported. It is set to reach a $50m final close by the end of this year, according to founding CEO Nicko Widjaja.

M&A

Cryptocurrency exchange Binance has agreed to buy portfolio company FTX, a Bahamas-registered peer also backed by fellow exchange Coinbase, payment technology provider Circle and internet and communications group SoftBank, for an undisclosed amount.

Funding

Company Company description Sector Country Round Round size($m) Deal date Investors
Agrolend  Farmers’ credit financing platform Financial Brazil B 145 08/11/2022 Suzano Holding, Yara International (Yara Growth Ventures); Lightrock (lead), Mago Capital
Zenas BioPharma Autoimmune disease therapy developer Healthcare US B 118 07/11/2022 Xencor, Nan Fung (Pivotal BioVenture Partners); Enavate Sciences (lead), Longitude Capital, Vivo Capital, Rock Springs Capital, Perceptive Advisors, Agent Capital, Superstring Capital, Fairmount, Wellington Management, Tellus BioVentures, Quan Venture Fund
Hopper Travel booking app developer Services  Canada N/A 96 08/11/2022 Capital One
Laika Compliance and audit management tool provider IT US C 50 08/11/2022 JP Morgan (JP Morgan Growth Equity Partners); Fin Capital (lead), Centana Growth Partners, Canapi, Third Prime
Gojo & Company Retail microfinance services provider Financial Japan E 47.8 09/11/2022 GMO (GMO VenturePartners), Miyazaki Bank (Miyagin Venture Capital), Fukuoka Financial Group (FFG Venture Business Partners), Hokkoku Bank (QR Investment), Itochu, Sompo Holdings (TransLink Capital Partners (Sompo) 1), Sumitomo (Sumitomo Venture Partners), Marubeni, Hakuhodo DY (Hakuhodo DY Ventures’ Future Design Fund), KDDI (KDDI Open Innovation Fund 3); TGVest Capital, Venture Labo Investment, HFA Capital, Samurai Incubate Fund 6, Hashimoto Foundation, Capital X, Chiba Dojo Fund, Tsuneishi Capital Partners, iSGS Investment Works, SMBC Nikko Securities, ACA Investments, unnamed private investors
PulPac Fibre-based packaging technology developer Industrial  Sweden N/A 31.2 08/11/2022 Aliaxis (Aliaxis Next) (lead), Stora Enso, Amcor (Amcor Ventures), WPP; Teseo Capital
MyTraffic  Location analytics platform developer IT France B 30 08/11/2022 Axa (Axa Venture Partners) (lead)
Infinitum Electric IoT-equipped air core motor developer Industrial US D 30 09/11/2022 Caterpillar (Caterpillar Venture Capital), Alliance Resource Partners; Riverstone (Riverstone Holdings Latin America), Cottonwood Technology Fund
Speedoc Digital health platform developer Healthcare Singapore Pre-B 28 07/11/2022 Bertelsmann (Bertelsmann Investments); Shinhan Venture Investment, Mars Growth, Vertex Ventures
Glow SME-focused digital insurance agency Financial US A 22.5 08/11/2022 Maiden Re, Allianz (AV8 Ventures;) Cota Capital (lead), Markd, Startup Venture Capital
Fordefi Decentralised wallet software producer Financial US Seed 18 08/11/2022 Alameda Research, Jump Trading Group (Jump Crypto), PayPal (PayPal Alumni Fund), StarkWare; Lightspeed Venture Partners (lead), Electric Capital, Castle Island, Pantera Capital, Illuminate Financial, Nima Capital, Digital Currency Group, Defiance Capital
Wib API-focused cybersecurity software provider IT Israel N/A 16 08/11/2022 Koch Industries (Koch Disruptive Technologies) (lead); Kmehin Ventures, Venture Israel, Techstars
Anzen Risk insurance provider Financial US Seed 10 08/11/2022 MS&AD (MS&AD Ventures), Tokio Marine, AmTrust Financial, Greenlight Re, Everest Re; Andreesen Horowitz (lead)
Movio Generative AI technology developer IT US Seed 9 08/11/2022 Baidu (Baidu Ventures); IDG Capital, Sequoia Capital China
Mov.ai Robotics automation software producer Industrial Israel N/A 8.2 09/11/2022 Bowe Group (lead); NFX, Joachim Koschier, Mike Swift, State of Mind Ventures, Viola Ventures
Actnano Surface protection nanotechnology developer  Industrial US N/A 8 09/11/2022 BMW (BMW i Ventures), Porsche (Porsche Ventures), Henkel; Liquidity Group (lead)
ToffeeAM 3D printing software provider Industrial UK A 5.7 09/11/2022 Sumitomo (Presidio Ventures Europe) (lead), Sinai Technologies, Lacework; East Innovate
5Mins Gamified learning software provider Services  UK Seed 5.7 07/11/2022 Edenred Group (Edenred Capital Partners); Albion Capital (lead), Chalfen Ventures, Portfolio Ventures, Blue Lion Global 
Nammu21  Loan document analytics platform Financial US A 5 08/11/2022 CoinShares (CoinShares Ventures), Circle (Circle Ventures), Citi, Galaxy; XBTO Humla Ventures (lead)
Proper Good  Food delivery services provider Consumer  US Seed 3.5 09/11/2022 Artisan Group (co-lead); Yeti Capital (co-lead), Doug Bouton, Drew Zang, Maxx Karr 
Shoelace Learning Online marketing tool provider Media Canada Seed 3 08/11/2022 Telus (Telus Pollinator Fund for Good), Samsung (Samsung Next); Sandpiper Ventures (lead), Reaction, The51, Concrete Ventures, Enjoy the Work
Buzzkuri Professional communication learning platform Services  Japan C 1.7 09/11/2022 Zenrin (Zenrin Future Partners), Mizuho Bank (Mizuho Capital), Fukuoka Financial Group (FFG Venture Business Partners); TerraSky Ventures, Accord Ventures, Energy & Environment Investment
Flucle Provider of labour consultation platform HRbase Pro Services  Japan Seed <1 ($820,000) 09/11/2022 Mirai Consulting; Genesia Ventures, Japan Finance Corporation
Histocell Regenerative medicine contract manufacturer Healthcare Spain N/A <1 ($400,000) 09/11/2022 Reprocell
Edison Fu

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