Access Industries, Pfizer and SR One were among the investors in a $125m round for Nimbus Therapeutics while Aerwins agreed a reverse takeover.

Funds Côte d’Ivoire-based social impact vehicle Janngo Capital Startup Fund has reached a €34m ($36m) first close having raised cash from limited partners including media groups Muller Medien and Hubert Burda Media, the latter through its investment arm, Hubert Burda Media. They were joined by European Investment Bank, African Development Bank and Agence Française de Développement’s Proparco unit. US-based web3-focused venture capital firm MetaWeb Ventures has formed a $30m debut vehicle called Fund I with backing from cryptocurrency exchange Near Foundation, crypto trading firm GSR Markets and crypto network Octopus Network. Its LPs also include Sequoia China, Dragonfly Capital, SevenX Ventures, Mentha Partners as well as Illia Polosukhin, Bo Shao, Shawn Shi and Mark Wang. US-based VC firm Kapor Capital has formed a $126m Fund III that included contributions from investors including PayPal, Twilio, Foot Locker, Blue Cross and Blue Shield of Louisiana, Bank of America and National Geographic Society. The LP roster was filled out by Cambridge Associates, Align Impact, Ford Foundation, EIP Elevate Future Fund, Southern Poverty Law, The California Wellness Foundation, Winthrop Rockefeller Foundation and Stardust Equity. Reverse merger Aerwins Technologies, the US-based parent company of drone technology provider ALI Technologies, which counts corporates Fuyo General Lease, Kyocera, JR West, Mitsubishi Electric, Mitsubishi Hitachi Power Systems, Mitsui Sumitomo Insurance, Opt, Saibu Gas and Trust Tech as backers, has agreed to go public through a merger with Nasdaq-listed special purpose acquisition company Pono Capital Corp. The deal will give the combined business a pro forma equity value of approximately $750m. Public markets Leapmotor, the China-based electric vehicle manufacturer backed by corporates Dahua Technology, Shanghai Electric and CRRC, has called off a $1.5bn initial public offering to list on the Hong Kong Stock Exchange, two people privy to the development have told DealStreetAsia. M&A Turkey-based local services portal Armut has merged with ProntoPro, an Italy-headquartered peer backed by online real estate portal Undisclosed existing ProntoPro investors are leading a €15m ($14.8m) funding round supporting the transaction. Funding CompanyCompany descriptionSectorCountryRoundRound size($m)Deal dateInvestorsNimbus TherapeuticsSmall molecule drug developerHealthcareUSN/A12512/09/2022Access Industries (Access Biotechnology), Pfizer (Pfizer Ventures), GlaxoSmithKline (SR One); SV Health Investors, Atlas Venture, BVF Partners, Bill Gates, Lightstone Ventures, RA Capital Management, Bain Capital (Bain Capital Life Sciences)Predictive IndexTalentoptimisation software providerServicesUSN/A3013/09/2022JM Family EnterprisesHoneExecutive learning and development platformServicesUSB3013/09/2022Slack (Slack Fund); 3L Capital (lead), Fidelity (F-Prime Capital), Cowboy VenturesLitmusEmail marketing testing serviceMediaUSB3013/09/2022Belden (lead); unnamed additional investorCommunity LabsPower software developerITUSN/A3009/09/2022Arweave; Lightspeed Venture Partners (lead) Bain Capital (Bain Capital Crypto), Blockchain Capital, Distributed Global, Road Capital ManagementiSabers MaterialsAdvanced semiconductor integration technology…

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Edison Fu

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