Deal Roundup: Libode New Material drives to $375m series B

Apr 17, 2023 • Edison Fu

GAC Group took part in the battery material producer’s $375m series B round while MetaVC Partners’ $62m fund included Corning and JSR as LPs.

A rechargeable battery for the electric scooter Kumpan 54 Iconic being swapped out. It runs on Lithium-Ion, achieves 54 km of range and can also be used as energy storage. — *Photo courtesy of Kumpan Electric via Unsplash*

Funds

US-based venture capital firm MetaVC Partners has closed its latest fund at $62m having secured capital from limited partners including glass and ceramics producer Corning and advanced materials maufacturer JSR Corporation.…

Edison Fu

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

Email LinkedIn

LEADERSHIP SOCIETY

Informing, connecting, and transforming the global corporate venture capital ecosystem.
The Global Corporate Venturing (GCV) Leadership Society’s mission is to help bridge the different strengths and ambitions of investors across industry sectors, geography, structure, and their returns.

Find out more

FUNDING ROUND DATA

Which corporates are backing which startups? Search our corporate deal database.

CVC DIRECTORY

Find details about global CVC units in the CVC Directory

SPECIAL REPORT

Finding a new path: How venture units guide corporations through transformational change

Events

GCV Institute: CVC Investment Programs

Jan 28 -
Jan 29, 2025
Online

Find out more All events

Events

GCV Institute: CVC Investment Programs

Mar 17 -
Mar 18, 2025
Palo Alto, CA (USA)

Find out more All events

Events

GCVI Summit 2025

Mar 18 -
Mar 20, 2025
Monterey, CA (USA)

Find out more All events

Events

GCV Institute: Landing the Value of Corporate Venturing

May 1 -
May 6, 2025
Online

Find out more All events

Events

GCV Symposium 2025

Jun 17 -
Jun 19, 2025
London (UK)

Find out more All events

About us

GCV provides the global corporate venturing community and their ecosystem partners with the information, insights and access needed to drive impactful open innovation. Across our three services - News & Analysis, Community & Events, and the GCV Institute - we create a network-rich environment for global innovation and capital to meet and thrive. At the heart of our community sits the GCV Leadership Society, providing privileged access to all our services and resources.