Siemens, Docomo and Nvidia chipped into Skydio’s $230m series E round while Yuexiu and Xiamen C&D helped lift Immorna’s series A to $115m.

Blue Silver Black Car Engine

M&A

Battery technology developer Recharge Industries acquired Britishvolt, a UK-based automotive battery cell provider backed by commodity trading and mining group Glencore and shipping firm Scorpio Group, for an undisclosed amount. Glencore invested $54m in the company in February 2022 before Scorpio added an undisclosed sum three months later.

Funding

US-based autonomous drone manufacturer Skydio received $230m in series E funding…

Edison Fu

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