Alphabet led Clever Care Health Plan’s $41m series C while Heritage Group and Prologis participated in SolarCycle’s $30m series A round.

Public markets Edianyun, a China-based enterprise office equipment leasing and IT services provider backed by conglomerate Legend Holdings and payment services provider Lakala, filed for an initial public offering in Hong Kong for a third time. The company had previously applied for a listing in February 2022 before retrying in seven months later. M&A Long-distance carpooling app BlaBlaCar said yesterday it plans to acquire Klaxit, a France-based, work commute-focused ride sharing platform backed by insurance firm MAIF, vehicle maintenance service Mobivia, public transport operator RATP Group and catering services provider Sodexo, for an undisclosed amount. Operational data monitoring software provider Grafana Labs has purchased Pyroscope, the US-based operator of an open-source troubleshooting platform, for an undisclosed sum, enabling internet and telecommunications group SoftBank to exit. The corporate invested in Pyroscope at seed stage along with General Catalyst, Harvard University, SV Angel and IU Angel Network. Funding Internet and technology group Alphabet’s GV unit led a $41m series C round for Clever Care Health Plan, a US-based healthcare provider that combines eastern and western medical and wellness practices. Care provider Point32Health and insurance firms Prudential Financial and Allianz also took part – the last two through their Prudential Ventures and AV8 Ventures subsidiaries respectively – as did Norwest Venture Partners, Health Velocity Capital, Brighton Health Partners, Windham Venture Partners and Figure 8 Investments. CompanyCompany descriptionSectorCountryRoundRound size($m)Deal dateInvestorsSolarCycleSolar power equipment recycling serviceEnergy and Natural ResourcesUSA3015/03/2023The Heritage Group (HG Ventures), Prologis (Prologis Ventures); Fifth Wall (lead), Urban Innovation Fund, Closed Loop PartnersNeowise BiotechnologyT-cell receptor-based tumour therapy developerHealthcareChinaA+2915/03/2023Gem; Marathon Venture Partners, Oriza Seed Fund Management, Orange Land Capital, Zhongxin Capital, LeaderVCFire1Remote heart monitor developerHealthcareIrelandN/A2515/03/2023Novo (co-lead), Medtronic; Andera Partners (co-lead), Gilde Healthcare, Gimv, Irish National Treasury Management Agency (Ireland Strategic Investment Fund), Lightstone Ventures, New Enterprise Associates, Seventure PartnersSeldonProvider of machine learning optimisation toolsITUKB24.216/03/2023Sonae (Bright Pixel) (lead); AlbionVC, Cambridge Innovation Capital, Amadeus Capital PartnersGenpop InteractiveComputer game studioMediaUSSeed6.515/03/2023Good Smile Company, Studio Trigger; Makers Fund (lead), 1Up Ventures, unnamed figure creatorsMonitaurProvider of AI-equipped regulatory compliance software for the insurance industryFinancialUSN/A4.615/03/2023Sumitomo (Presidio Ventures); Cultivation Capital (lead), Rockmont Partners, Plug and Play, Studio VCHealiumDeveloper of mixed reality biofeedback technology IndustrialUSSeed3.615/03/2023Mayo Clinic; Impact Venture Capital, Ambition Fund II, Captain Partners & Astronaut Holdings, Citrine Angels, Coact Capital, Gaingels, KCRise Fund, Missouri General Assembly (Missouri Technology Corporation), QRM Capital, Stadia Ventures, Tidewater Capital, Underdog VenturesAlex Decentralised Bitcoin exchangeFinancialN/AN/A2.514/03/2023Trust Machines; Gossamer Capital, unnamed othersTuranDeveloper of money transfer digitalisation technology FinancialTurkeyN/A1.114/03/2023United Payment, Colendi (Colendi Ventures); APY Ventures, KT Portföy, Tera Portföy, Neo Portföy Türkaz…

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Edison Fu

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