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 (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…

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Edison Fu

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

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