Eli Lilly took part in a $50m series A1 round for Neukio Biotherapeutics while Itochu led Docquity’s $44m series C.

M&A

Fleet management group Ryder System has acquired Baton, a US-based transportation network optimisation service backed by logistics firms AP Moller-Maersk, Prologis and Ryder System, for an undisclosed amount.

Scoupy, the Netherlands-based location-oriented coupon app operator backed by investors including media group Sanoma, has been acquired by peer Cashback Holding for an undisclosed sum.

Funding

Company Company description Sector Country Round Round size($m) Deal date Investors
Neukio Biotherapeutics Cell therapy product developer Healthcare China A1 50 04/09/2022 Eli Lilly (Lilly Asia Ventures); CD Capital (lead), Alwin Capital, Surplus Capital,  Sherpa Healthcare Partners, IDG Capital
Docquity Healthcare professionals support platform Healthcare Singapore C 44 05/09/2022 Itochu Corporation (lead), Infocom; iGlobe Partners, Alkemi, Global Brain, KDV, 
Pagaleve Credit platform operator Financial Brazil A 26 05/09/2022 Salesforce (Salesforce Ventures) (lead); Endeavor Scale-Up Ventures, Entrée Capital, Founder Collective, OIF Ventures, Janeiro Energy
Koibanx Blockchain-driven, SME-focused cash management and investment service Financial Argentina A 22 05/09/2022 Algorand (lead); Kalonia Venture Partners, Innogen Capital, Borderless Capital, G2 Momentum Capital, Diego Gutierrez Zaldivar, Silvio Micali
R2  Small and medium business-oriented lending platform Financial Mexico A 15 02/09/2022 Alphabet (Gradient Ventures), Femsa (Femsa Ventures, PayU); General Catalyst, 166 2nd, Magma Partners
Regional Fish Genome editing and smart farming technology developer spun out of Kyoto University Industrial Japan N/A 14.5 05/09/2022 Ebara Corporation, NTT (NTT Finance), Mitsubishi UFJ (Mitsubishi UFJ Capital), Kyoto Shinkin Bank (Kyoshin Social Capital), Kyoto Chuo Shinkin Bank (Chushin Venture Capital), Okumura Corporation, Iwatani Corporation, Ushio, Food & Life Companies, SB Players, Marui Group, CBC, Kansai Electric Power Company (Kanso Technos), Mitsui OSK Lines (MOL Plus), Sumitomo Mitsui Banking Corporation (SMBC Venture Capital); Kyoto University (Kyoto Angel Fund), Beyond Next Ventures
4B Networks (Broker Network) Property technology developer Services India N/A 11.3 02/09/2022 InfoEdge (Allcheckdeals India)
Passionflix Romance-focused video streaming service Media US N/A 9.4 02/09/2022 AMC Networks (lead), First Look Media; Bella Andre
Japan Medical Device Medical device computer simulation service Healthcare Japan N/A 3.9 05/09/2022 CABC’S Group, Q’sfix, Patcore; Akihiro Nakamura, Heart Simulator Funds 1 and 2
SkorLife Credit history platform Financial Indonesia Pre-Seed 2.2 05/09/2022 Credit Saison (Saison Capital); AC Ventures,  Jefferson Chen, Willy Arifin, Krishnan Menon, Arip Tirta, Harshet Lunani, Achmad Zaky 
Grace Group Egg cryopreservation service Healthcare Japan N/A 1.7 05/09/2022 Japanet Holdings
Uali Energy facilities-focused drone monitoring platform Energy and Natural Resources Argentina N/A 1.6 05/09/2022 Globant
Lina Open banking platform operator Financial Brazil N/A 1.5 05/09/2022 RTM
Space ID  Decentralised ID protcol provider IT UK Seed N/A 02/09/2022 Binance (Binance Labs) (lead)
ZipLoan Small and medium business-focused digital lender Financial India N/A N/A 02/09/2022 StrideOne
BioWish Technologies Environmental management service Industrial US N/A N/A 01/09/2022 Sabic Agri-Nutrients (Sabic Ventures)
Belvo Mobile app-focused financial services API provider Financial Mexico N/A N/A 05/09/2022 Citi (Citi Ventures)
Lincon Mental health-focused telemedicine platform Healthcare Brazil N/A N/A 05/09/2022 Grupo Panvel (Panvel Ventures)
Edison Fu

Edison Fu is head of Asia development at Global Corporate Venturing.
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