A range of corporates contributed to electric carmaker Aion’s $2.5bn series A round while Prosus took part in a $46m series E for farming services provider DeHaat.

EV

Funding

Company Company description Sector Country Round Round size($m) Deal date Investors
Aion Electric vehicle unit of automotive group GAC Transport China A 2,500 21/10/2022 PICC Group (PICC Capital) (co-lead), (China Southern Power Grid China Southern Power Grid Capital Holdings) (co-lead), Ganfeng Lithium, SMIC (China Fortune-Tech Capital); China Structural Reform Fund (co-lead), Shenzhen Capital Group, Citic Securities (Goldstone Investment) (co-lead), Guangzhou Industrial Investment Fund Management (co-lead), Capital Operation Holding Group
DeHaat  End-to-end services for farmers Industrial India E 46 21/10/2022 Prosus; Sofina Ventures (lead), RTP Global Partners, LGT Group…

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Edison Fu

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

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