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

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 $50m final close by the end of this year, according to founding CEO Nicko Widjaja. M&A Cryptocurrency exchange Binance has agreed to buy portfolio company FTX, a Bahamas-registered peer also backed by fellow exchange Coinbase, payment technology provider Circle and internet and communications group SoftBank, for an undisclosed amount. Funding CompanyCompany descriptionSectorCountryRoundRound size($m)Deal dateInvestorsAgrolend Farmers’ credit financing platformFinancialBrazilB14508/11/2022Suzano Holding, Yara International (Yara Growth Ventures); Lightrock (lead), Mago CapitalZenas BioPharmaAutoimmune disease therapy developerHealthcareUSB11807/11/2022Xencor, 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 FundHopperTravel booking app developerServices CanadaN/A9608/11/2022Capital OneLaikaCompliance and audit management tool providerITUSC5008/11/2022JP Morgan (JP Morgan Growth Equity Partners); Fin Capital (lead), Centana Growth Partners, Canapi, Third PrimeGojo & CompanyRetail microfinance services providerFinancialJapanE47.809/11/2022GMO (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 investorsPulPacFibre-based packaging technology developerIndustrial SwedenN/A31.208/11/2022Aliaxis (Aliaxis Next) (lead), Stora Enso, Amcor (Amcor Ventures), WPP; Teseo CapitalMyTraffic Location analytics platform developerITFranceB3008/11/2022Axa (Axa Venture Partners) (lead)Infinitum ElectricIoT-equipped air core motor developerIndustrialUSD3009/11/2022Caterpillar (Caterpillar Venture Capital), Alliance Resource Partners; Riverstone (Riverstone Holdings Latin America), Cottonwood Technology FundSpeedocDigital health platform developerHealthcareSingaporePre-B2807/11/2022Bertelsmann (Bertelsmann Investments); Shinhan Venture Investment, Mars Growth, Vertex VenturesGlowSME-focused digital insurance agencyFinancialUSA22.508/11/2022Maiden Re, Allianz (AV8 Ventures;) Cota Capital (lead), Markd, Startup Venture CapitalFordefiDecentralised wallet software producerFinancialUSSeed1808/11/2022Alameda 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 CapitalWibAPI-focused cybersecurity software providerITIsraelN/A1608/11/2022Koch Industries (Koch Disruptive Technologies) (lead); Kmehin Ventures, Venture Israel, TechstarsAnzenRisk insurance providerFinancialUSSeed1008/11/2022MS&AD (MS&AD Ventures), Tokio Marine, AmTrust Financial, Greenlight Re, Everest Re; Andreesen Horowitz (lead)MovioGenerative AI technology developerITUSSeed908/11/2022Baidu (Baidu Ventures); IDG Capital, Sequoia Capital ChinaMov.aiRobotics automation software producerIndustrialIsraelN/A8.209/11/2022Bowe Group (lead); NFX, Joachim Koschier, Mike Swift, State of Mind Ventures, Viola VenturesActnanoSurface protection nanotechnology developer IndustrialUSN/A809/11/2022BMW (BMW i Ventures), Porsche (Porsche Ventures), Henkel; Liquidity Group (lead)ToffeeAM3D printing software providerIndustrialUKA5.709/11/2022Sumitomo (Presidio Ventures Europe) (lead), Sinai…

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Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.