Chengtun Mining Group took part in Hithium’s $278m series B round while HubSpot Ventures contributed to Jasper’s $125m series A.

Human resources

M&A

Utmost, an Ireland-based workforce management service provider backed by staffing platform Workday, has been purchased by human resources management system provider Beeline for an undisclosed amount. Workday subsidiary Workday Ventures backed its last round, a $21m series B in May 2021 that took its total funding past $32m.

Funding

Company Company description Sector Country Round Round size($m) Deal date Investors
Hithium Advanced battery manufacturer Energy and Natural Resources China B 278 19/10/2022 Chengtun Mining Group; Agricultural Bank of China (ABC International) (lead), Matrix Partners China, Fenghe Capital, Dayone Capital
Jasper Provider of AI content creation software Media US A 125 18/10/2022 HubSpot (HubSpot Ventures); Insight Partners (lead), Coatue, Bessemer Venture Partners, IVP, Foundation Capital, Founders Circle Capital
Swift Navigation Global navigation satellite system provider IT US D 100 18/10/2022 SK (co-lead), Telus (Telus Ventures), Taiwan Mobile (TWM Venture), Schox Patent Group (Schox Venture Capital); Potentum Partners (co-lead), New Enterprise Associates, Eclipse Ventures, Epiq Capital Group, FM Capital, OVN Capital, Buckley Ventures, unnamed other…

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Edison Fu

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

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