A range of corporates contributed to electric carmaker Aion’s $2.5bn series A round while Prosus took part in a $46m series E for farming services provider DeHaat.
Funding
| Company | Company description | Sector | Country | Round | Round size($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 (Lightrock India) |
| Xurya | Rooftop solar panel developer | Energy and Natural Resources | Indonesia | A | 33 (updated) | 20/10/2022 | Mitsui & Co, Surya Semesta Internusa, Schneider Electric; Saratoga Investama Sedaya, New Energy Nexus, East Ventures |
| Outsight | 3D lidar software developer | IT | France | N/A | 22 | 20/10/2022 | Groupe ADP, Safran, Faurecia; Energy Innovation Capital (co-lead), BPIfrance (Defense Innovation Fund) (co-lead), BNP Paribas, SPDG, Demeter |
| Spindl | Web3 user tracker | Media | US | N/A | 7 | 19/10/2022 | Polygon (Polygon Ventures); Dragonfly (co-lead), Chapter 1 (co-lead), Tribe Capital, Multicoin Capital |
| Lithos | Agricultural carbon removal technology developer | Industrial | US | Seed | 6.3 | 20/10/2022 | Wilbur Ellis (Cavallo Ventures); Union Square Ventures (lead), Greylock Partners, Bain Capital (Bain Capital Ventures), Carbon Removal Partners, Fall Line Capital, Carbon Drawdown Initiative |
| LuckyTruck | Automated carrier insurance service | Financial | UK | Seed | 5.9 (updated) | 20/10/2022 | Candid (Candid Insurance Investors), SiriusPoint; Markd, Draper University Ventures |
| Sun Metalon | Metal 3D printer developer | Industrial | Japan | Pre-A | 5.6 | 21/10/2022 | Globis (Globis Capital Partners) (lead) Ideo (D4V); University of Tokyo (Edge Capital Partners), Berkeley SkyDeck Fund |
| Willbox | Operator of international logistics platform Giho | Services | Japan | A | 4.7 | 24/10/2022 | Sumitomo Mitsui Banking Corporation (SMBC Venture Capital) (lead), Mitsubishi UFJ (Mitsubishi UFJ Capital), Marubeni (Marubeni Ventures), KLab (Anobaka), Salesforce (Salesforce Ventures), Mizuho Bank (Mizuho Capital); Industrial Technology Research Institute (Golden Asia Fund 3) |
| Ottr | Simplified cryptocurrency holding app | Media | US | Pre-Seed | 3.1 | 24/10/2022 | Circle (Circle Ventures); Race Capital (lead), Slow Ventures, Kamal Ravikant |
| BackTech | Employees’ mental health management service | Services | Japan | B1 | 2.7 | 24/10/2022 | Kirin (Kirin Health Innovation Fund), Omuro Industrial Physician Office, MTG (MTG Ventures); Jafco (lead) |
| New Computer Corporation | Web3 product developer | IT | US | Seed | 2.5 | 19/10/2022 | Algorand Foundation; Borderless Capital (lead), Eterna Capital, Hivemind Ventures, Peer Venture Partners, Big Brain Holdings, Web Tree Capital, Noise DAO, Valentine Ventures, Ten Ventures, Marcus Eng, SongADAO |
| Mintify | NFT chain aggregator | Financial | US | Seed | 1.6 | 20/10/2022 | GSR, Alchemy (Alchemy Ventures); Arca (Endeavor Fund) (lead), Psalion, Fasanara Capital |
| Meraki Academy | Metaverse educational platform | Services | Singapore | Seed | <1 ($500,000) | 21/10/2022 | TotallyAwesome |
| Sightline Payments | Gaming payment platform developer | Media | US | N/A | N/A | 20/10/2022 | JP Morgan (JP Morgan Payments) |
| Fellow Group | Operator of emobility producer Veracity | Transport | Japan | Seed | N/A | 24/10/2022 | Chugoku Bank (Chugin Infinity Fund) |
