SAIC Motor’s Shang Qi Capital vehicle led RT Advanced Materials’ $740m series D round while Contentsquare pulled in $600m from investors including SoftBank Vision Fund 2.

Funding Automotive manufacturer SAIC Motor’s Shang Qi Capital subsidiary has led a RMB5bn ($740m) series D round for RT Advanced Materials, a China-based producer of materials for use in lithium-ion batteries, DealStreetAsia reported yesterday. State Development and Investment Corporation was among the state-owned groups that took part in the round, through its SDIC Unity Capital fund, and undisclosed carmakers and battery producers made up the participants. Contentsquare, a US-based provider of digital experience analytics software, secured $400m in series F equity funding from investors including telecommunications and internet group SoftBank’s Vision Fund 2, together with $200m in debt financing, doubling its valuation to $5.6bn in the process. Sixth Street Growth led the equity portion, which also featured BPIfrance, Canaan, Eurazeo, Highland Europe, KKR, LionTree and funds and accounts managed by BlackRock, while the debt financing came from BNP Paribas, Crédit Agricole Corporate & Investment Bank, Goldman Sachs, JP Morgan and Société Générale. M&A Financial services provider BMO Financial Group has agreed to buy Radicle Group, a Canada-based provider of sustainability measurement technology and advisory services, in a deal of undisclosed size that will allow telecoms firm Telus to exit. The corporate’s Telus Ventures unit had invested an undislcosed sum in Radicle in September 2021. Electric vehicle technology provider EV Technology Group has paid $55.1m to increase its stake in UK-headquartered electric carmaker Moke International from 17.6% to 67.6%. EV Technology had made its initial investment in Moke in November 2021, and the latest deal gives it the option to wholly acquire the company. Other funding Company nameCompany descriptionSectorCountryRoundRound size ($)Deal dateInvestorsWhatnotLive shopping platform operatorConsumerUSAD26021/07/2022Alphabet (CapitalG); Bond, Andreessen Horowitz, YC ContinuityMeati FoodsMushroom-based food producerConsumerUSAC15021/07/2022Chipotle Mexican Grill (Cultivate Next); Revolution Growth, CPP Investments, Grosvenor Food & AgTech, Wellington ManagementIQM Quantum ComputersSuperconducting quantum computer producerInformation TechnologyFinlandA212821/07/2022Tencent, OpenOcean, Varma; Bayern Kapital, EIC Fund, OurCrowd, Salvia, Santo Venture Capital, MIG Fonds, Matadero QED, Tesi, Vsquared, Maki.vc, TofinoTomoCreditMigrant-focused online lenderFinancialUSAN/A122 (Equity and debt)21/07/2022Morgan Stanley (Next Level Fund), MasterCard; GoldHouse, Asian Hustle Network, Hyphen Capital15FiveProvider of employee performance management softwareServicesUSAC5221/07/2022Siemens (Next47); Quad Partners (lead) Origin Ventures, Edison Partners, Matrix Partners, Point Nine Capital, New Ground VenturesZededaEdge computing orchestration platformInformation TechnologyUSAB2621/07/2022Chevron (Chevron Technology Ventures), Porsche (Porsche Ventures), Samsung (Samsung Next), EDF (EDF North America Ventures), Rockwell Automation, Juniper Networks; Almaz Capital, Lux Capital, Coast Range Capital, Energize VenturesHashflowDecentralised finance trading platformFinancialUSAN/A2521/07/2022Coinbase (Coinbase Ventures), Kraken (Kraken Ventures), Kronos Research, GSR, Autonomy, Wintermute Trading, Jump Trading (Jump Crypto); Electric Capital, Dragonfly Capital Partners, Fabric Ventures, Evernew Capital, Spacewhale Capital, Balaji Srinivasan, Meltem Demirors, Anthony Sassano, Jason…

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Roshini Bains

Roshini Bains is the junior news reporter for Global Corporate Venturing and Global University Venturing.