Braskem has formed a $150m corporate venturing initiative while Saudi Aramco's Prosperity7 Ventures fund took part in SingleStore’s $146m series F2 round.
Fund
Brazil-based thermoplastic resin producer Braskem has formed a R$773m ($150m) corporate venturing and startup incubation arm called Oxygea. The corporate has set aside $100m for the investment fund while the remainder is earmarked for the incubation activities of the unit.
Funding
| Company | Company description | Sector | Country | Round | Round size($m) | Deal date | Investors |
|---|---|---|---|---|---|---|---|
| SingleStore | Cloud database developer for data-intensive applications | IT | US | F2 | 146 | 03/10/2022 | Saudi Aramco (Prosperity7 Ventures); Goldman Sachs (lead) |
| Tally | Debt payoff platform | Financial | US | D | 80 | 03/10/2022 | Menora Mivtachim; Sway Ventures (lead), Kleiner Perkins, Andreessen Horowitz, Shasta Ventures, Cowboy Ventures |
| Liquid Death | Canned water brand | Consumer | US | N/A | 70 | 03/10/2022 | Live Nation Entertainment; Science (lead), Swedish House Mafia, Whitney Cummings |
| Euler Motors | Commerical electric vehicle manufacturer | Transport | India | C | 60 | 04/10/2022 | Moglix; GIC (lead), Asian Development Bank (ADB Ventures), Blume Ventures, Athera Venture Partners, QRG Investments and Holdings |
| Golden | Web3 blockchain protocol developer | Financial | US | B | 40 | 03/10/2022 | Protocol Labs, OpenSea (OpenSea Ventures), FalconX; Andreessen Horowitz (a16z Crypto) (lead), Xoogler, TRAC, Scale Asia Ventures, Chaac Ventures, HNVR Technology Investment Management, Vela Partners, Socii Capital, MVP Ventures, Harpoon Ventures, DCVC, Raj Gokal, Dan Romero, Juan Benet, Arash Ferdowsi, Dylan Field, Bastian Lehmann, Maryanna Saenko, Michael Seibel, Avlok Kohli, Amir Moazami, Matt Bellamy, Sridhar Ramaswamy, Khaled Naim, George Lambeth, Stefano Bernardi, Wei Guo, Neal Dempsey |
| OneD Battery Sciences | EV battery-focused silicon anode technology developer | Energy and Natural Resources | US | C | 25 | 29/09/2022 | General Motors (GM Ventures); Volta Energy Technologies |
| Toqio | Fintech development software provider | Financial | UK | A | 19.7 | 03/10/2022 | Six Group (Six FinTech Ventures); Albion Capital (AlbionVC) (lead), Aldea Ventures, Seaya, Speedinvest, Leandro Sigman |
| Juno | Web3 banking software developer | Financial | US | A | 18 | 01/10/2022 | Jump Trading (Jump Crypto); ParaFi Capital (Growth Fund) (lead), Greycroft, Antler Global, Hashed, Mithril, 6th Man Ventures, Abstract Ventures, Uncorrelated Fund |
| Exponential | Decentralised finance investment platform | Financial | US | Seed | 14 | 03/10/2022 | FTX (FTX Ventures), Solana (Solana Ventures), Circle (Circle Ventures), Polygon; Paradigm (lead), Haun Ventures |
| Polco | Civic participation platform developer | IT | US | N/A | 14 | 03/10/2022 | British American Tabacco (BAT Ventures); Mercury Fund (lead), Royal Street Ventures |
| SideQuest | App store operator for virtual reality system Meta Quest | Media | Ireland | A | 12 | 03/10/2022 | Alphabet (GV) (lead) |
| Scalar | Data management software provider | IT | Japan | A | 10.4 | 04/10/2022 | Mitsui Sumitomo Insurance (Mitsui Sumitomo Insurance Venture Capital), Ideo (D4V), SoftBank (Deepcore Tokyo 2), ID Holdings, Mitsubishi UFJ (Mitsubishi UFJ Capital); Miraitronc, Okachi Securities, Sparx Group (Mirai Creation Fund) |
| LayerX | Cybersecurity technology developer | IT | Israel | Seed | 7.5 | 03/10/2022 | Mastercard & Enel X (FinSec Innovation Lab); Glilot Capital Partners, Int3, GuideStar, Kmehin Ventures, unnamed angel investors |
| Bingli | Chatbot-based medical consultation service | Healthcare | Belgium | A | 5.4 | 04/10/2022 | UCB; Capricorn Partners, White Fund |
| Valt Japan | Owner of Next Hero, an online recruitment platform for disabled jobseekers | Services | Japan | N/A | 3 | 04/10/2022 | Mitsui Sumitomo Insurance (Mitsui Sumitomo Insurance Venture Capital), Mitsubishi UFJ (Mitsubishi UFJ Capital), Mizuho Bank (Mizuho Capital), Sumitomo Mitsui Banking Corporation (SMBC Venture Capital); Headline Asia, Kamakura Investment Management, Future Venture Capital, Masanori Murakami |
| Ownly | Online real estate portal | Services | Canada | Seed | 2.55 | 03/10/2022 | National Bank of Canada (NAventures); Bluesky Equities (lead), Garage Capital |
| Labrador CMS | Content management system for publishers | Media | Norway | N/A | 2.4 | 30/09/2022 | TV2, Aller Media; Skagerak Capital (lead) |
| Gakkogawa Distillery | Whiskey producer | Consumer | Japan | N/A | 2.4 | 04/10/2022 | Wine & Whisky, Yamagata Bank (Hub of Yamagata Bridges for the Future); Fidea Capital |
| DPOnet | Data protection compliance platform | IT | Brazil | Seed | 1.2 | 03/10/2022 | Locaweb (LW Ventures); Leavening, unnamed family offices |
| Sure Med Compliance | Opioid addiction-focused digital health platform | Healthcare | US | Pre-A | 1 | 03/10/2022 | ProAssurance (lead); Innovate Alabama ($250,000 in state grant funding) |
| GreenBytes | Waste reduction technology provider for resturants | Services | Iceland | Pre-Seed | <1($990,000) | 30/09/2022 | Porsche and Axel Springer (APX); Crowberry Capital (lead) |
| XOperation Group | Operations management platform formerly known as iSales | IT | Japan | N/A | <1 ($690,000) | 04/10/2022 | AirTrip; Masaki Yamamoto, Masatoshi Kubota, unnamed company employees |
| Ecoxyztem | Climate technology-focused venture builder | Financial | Indonesia | N/A | N/A | 04/10/2022 | TAP Applied Agri Services; Konservasi Hutan Indonesia, Pegasus Tech Ventures, Roni Pramaditia |
| Wheeler Bio | Contract biologics developer | Healthcare | US | A1 | N/A | 04/10/2022 | Charles River Laboratories (co-lead); Echo Investment Capital (co-lead), i2E (Plains Venture Partners), ATUM, Floating Point Advisors, Pine Ridge Ventures |
| Cerecin | Neurotherapeutics developer | Healthcare | Singapore | IIB1 | N/A | 28/09/2022 | Nestlé Health Science; SK Securities (co-lead), KNT Investment (co-lead) |
| Marketecture | Marketing executive interview provider | Media | US | N/A | N/A | 03/10/2022 | Digiday Media |
