ABB's electric vehicle charging offshoot raised over $200m while GV helped pecision therapeutics developer FogPharma pull in $178m.

Courtesy of Unsplashed, Joenomias

Public Markets

Indonesia-based enterprise services provider Venteny has filed to raise up to Rp 435bn ($27.8m) in an initial public offering on the Indonesia Stock Exchange valuing it at approximately $185m, DealStreetAsia reported today. Its investors include advertising agency Carta Holdings, which owns a 24.8% stake, and employee benefits provider Relo Club, which holds 8.8% of its shares.

Funding

Company name Company description Sector Country Round Round Size ($) Deal date Investors
ABB E-mobility Electric vehicle charging subsidary of ABB Transport Netherlands N/A 208 21/11/2022 Michael Halbherr, Interogo, Moyreal
FogPharma Precision medicines developer Healthcare US D 178 21/11/2022 Alphabet (GV); Arch Venture Partners, Milky Way Investments, Fidelity Management & Research, VenBio Partners, Deerfield Management, Cormorant Asset Management, T Rowe Price, Invus, Farallon Capital Management, HBM BioVentures (HBM Healthcare Investments), Casdin Capital, PagsGroup
Laundrygo On-demand laundry service Services South Korea C 37 21/11/2022 SoftBank (SoftBank Ventures), Hanwha (Hanwha Securities), Musinsa; H&Q Korea (lead), Altos Ventures, KB Securities, Aju IB, Badgers Investment, Pebbles Investment
Ultraviolette Electric motorcycle brand Transport India D 34 (updated) 22/11/2022 Qualcomm (Qualcomm Ventures); Exor (Lingotto) (lead)
Ace Games Casual mobile game developer Media Turkey N/A 25 21/11/2022 Playtika
Modern Milkman Sustainable grocery delivery service Consumer UK C 24.3 21/11/2022 Avery Dennison; Insight Partners (lead), ETF Partners, Praetura Group (Praetura Ventures)
Turbine Cell-behaviour simulation platform developer Healthcare Hungary A 20.5 22/11/2022 Merck & Co (Merck GHI Fund) (co-lead), XTX Markets (XTX Ventures); Mercia (co-lead), Day One Capital, Accel, Delin Ventures,
I-Rox Pulse powered technology producer Energy and Natural Resources France N/A 12.3 21/11/2022 I-Pulse; Breakthrough Energy Ventures (Breakthrough Energy Ventures-Europe) 
Grinta Business-to-business online marketplace Consumer Egypt Seed 8 21/11/2022 Almajdouie Holding (Raed Ventures) (co-lead); Nclude (co-lead), 500 Global, Endeavor Catalyst
XYG Service robotics startup Industrial  South Korea A 7.3 21/11/2022 Hyundai Motor Group, Samsung (Samsung Ventures), Humax Automotive; Magna Investment, Korea Investment Partners, Zero One, Villence Investment 
Beam Financial aid access service Financial US A 6.4 18/11/2022 American Family Insurance (American Family Insurance Institute for Corporate and Social Impact); Potencia Ventures (lead), Spring Point Partners, Imaginable Futures, Lumina Impact Ventures, Michelson Runway, Schmidt Futures
Seimei Nutritional supplement brand Healthcare China Pre-A 4 22/11/2022 BlueFocus Communication Group (lead); Emerging Technology Partners, Daokang Fund, Next Capital
Surround Insurance Lifestyle-focused insurance provider Financial US Seed 2.5 21/11/2022 MassMutual (MM Catalyst Fund) (lead); Aperture VC, Newark Venture Partners, Cameron Ventures
Veax Decentralised liquidity management exchange Financial Switzerland Pre-Seed 1.2 17/11/2022 Circle (Circle Ventures), Qredo; Tacans Labs, Proximity Labs, Outlier Ventures, Skynet Trading, Seier Capital, Widjaja Family
RemotiveLabs Automotive software developer Transport Sweden N/A <1 ($920,000) 14/11/2022 Volvo Cars (Volvo Cars Tech Fund); Anette Saleskog, Almi (Almi Invest)
Ultraviolette Electric motorcycle manufacturer Transport India D 34 (updated) 22/11/2022 Qualcomm (Qualcomm Ventures); Exor (Lingotto) (lead)
ClearBlade Internet-of-things software developer IT US N/A N/A 21/11/2022 Sumitomo (Sumitomo Corporation of Americas)
NGrave Crypto security technology provider Financial US A N/A 22/11/2022 Binance (Binance Labs)
Fernride Autonomous logistics truck developer Transport Germany N/A N/A 15/11/2022 DB Schenker