RxCelerate took part in Rivus Pharmaceuticals’ $132m series B round while Bank of America and Citi backed AccessFintech’s $60m series C.

M&A Nasdaq-listed bladder cancer drug developer Sesen Bio has agreed to merge with Carisma Therapeutics, a US-based immunotherapy developer backed by pharmaceutical groups Penn Medicine, Merck & Co, Livzon Pharmaceutical and AbbVie. The combined business will receive $30m in financing from AbbVie, Penn Medicine, Merck’s MRL Ventures Fund, Livzon, HealthCap, Wellington Partners, SymBiosis, TPG Biotech, Agent Capital, Solasta, Pictet Alternative Advisors and 4Bio concurrent to the deal. Bankruptcy Compute North, a US-based crypto mining and infrastructure platform that counts energy utility National Grid as an investor, has filed for bankruptcy. It owed as much as $500m to some 200 creditors, according to a filing accessed by Coindesk. Funding CompanyCompany descriptionSectorCountryRoundRound size($m)Deal dateInvestorsRivus PharmaceuticalsCardiometabolic therapeutics developerHealthcareUSB13222/09/2022RxCelerate (RxCapital); RA Capital Management (lead), Bain Capital Life Sciences, BB Biotech, Longitude Capital, Medicxi AccessFintechFinance-focused data and workflow collaboration software providerITUSC6022/09/2022Bank of America, Citi; WestCap (lead), BNY Mellon (co-lead), Dawn Capital, JP Morgan, Goldman SachsPropheseeNeuromorphic vision system producerITFranceC48.823/09/2022Saudi Aramco (Prosperity7 Ventures), Xiaomi, Intel (Intel Capital) Robert Bosch (Robert Bosch Venture Capital); Sinovation Ventures, 360 Capital, iBionext, European Investment Bank3CommasCryptocurrency trading automation serviceFinancialEstoniaB3722/09/2022Alameda Research, Jump Trading (Jump Crypto); Target Global, Dmitry TokarevImmunefiDeFi-focused bug bounty system developerFinancialSingaporeA2422/09/2022Samsung (Samsung Next), Polygon (Polygon Ventures); Framework Ventures (lead), Electric Capital, P2P Capital, North Island Ventures, Third Prime Ventures, Lattice Capital, Stratos DeFiHyperlaneNo-code user interface development platformITN/ASeed18.522/09/2022Figment, Circle, Blockdaemon, Kraken (Kraken Ventures); NFX, Hypersphere Ventures, Galaxy Digital, CoinFund, AsymmetricCodacyCode review automation serviceITPortugalB1522/09/2022Sonae Group (Bright Pixel Capital) (lead); Armilar Venture Partners, Faber Ventures, Join Capital, Caixa Geral de Depósitos (Caixa Capital), EQT Ventures, Iberis CapitalRemofirstEmployer of record services providerServicesUSSeed14.123/09/2022Santander (Mouro Capital) (co-lead); QED Investors (co-lead), Counterpart VenturesCaelux CorporationPerovskite-based solar technology developerEnergy and Natural ResourcesUSN/A1223/09/2022Reliance Industries (Reliance New Energy)BeautyHaulBeauty product retailerConsumerIndonesiaB1022/09/2022Prosus (Prosus Ventures); Sequoia Capital IndiaCarbon RidgeMaritime carbon capture and storage technology developerEnergy and Natural ResourcesN/AN/A621/09/2022Crowley, Berge Bulk; Grantham Foundation for the Protection of the Environment (lead), Rusheen Capital Management, Plug and Play VenturesInstant CommerceFast commerce brand builderConsumerNetherlands Seed5.222/09/2022Hearst (Hearst Ventures); HV Capital (lead), Firstminute CapitalTransaeraDesiccant material-derived cooling system developerEnergy and Natural ResourcesUSSeed4.523/09/2022Saint-Gobain; Energy Impact Partners (lead), Carrier Ventures, Massachusetts Clean Energy Center 0xScopeWeb3 data standardisation protocol creatorITSingaporeSeed321/09/2022Mask Network (Bonfire Union); ABCDE (lead), Liang Xinjun, Bodl Ventures, Hash GlobalElFysPhotodector technology developerEnergy and Natural ResourcesFinlandN/A2.921/09/2022Samsung (Samsung Ventures) (lead), Oura Health; Voima VenturesMangkokkuAsian rice dish providerConsumerSingaporeN/A2.223/09/2022Karunia Pangan IndonesiaUstraa Men’s grooming product retailerConsumerIndiaN/A2.121/09/2022Info Edge (lead), Wipro Consumer Care; IIFL Finance/IIFL Asset Management (IIFL Seed Ventures), FeliqsOphthalmology, neurology and neonatal drug developerHealthcareJapanN/A2.122/09/2022Mitsubishi UFJ (Mitsubishi UFJ Capital), Fukuoka Financial Group (FFG Venture Business Partners); Keio University (Keio Innovation Initiative)MediMusicMental health-focused music therapy providerHealthcareUKN/A1.323/09/2022Sauce Consultants; Finance Yorkshire, University of Hull KOGOGamified social travel…

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Edison Fu

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