Nabtesco took part in Nanograf’s $65m series B round while Cox Enterprises chipped into Checkerspot’s $55m series C.
Funding
US-based lithium battery cell manufacturer Nanograf has raised $65m in a series B round featuring industrial manufacturer Nabtesco Corporation‘s corporate venturing arm, Nabtesco Technology Ventures. The round was co-led by Volta Energy Technologies and CC Industries and included GIC, Emerald Technology Ventures, Material Impact, Arosa Capital and TechNexus.
| Company | Company description | Sector | Country | Round | Round size($m) | Deal date | Investors |
|---|---|---|---|---|---|---|---|
| Checkerspot | Microalgae-derived oil alternative producer | Industrial | US | C | 55 | 14/02/2023 | Cox Enterprises; ArrowMark Partners (lead), unnamed others |
| Retailo | Business-to-business community commerce platform | Consumer | Saudi Arabia | A | 36 | 15/02/2023 | Aujan Group; Graphene Ventures (lead), Agility Ventures, 500 Global, Tech Invest Com, Mentors Fund, Shorooq Partners, Abercross Holdings, Arzan Venture Capital, AgFunder |
| MDI Health | Provider of AI-equipped medication personalisation software | Healthcare | Israel | A | 20 | 14/02/2023 | Intel (Intel Capital)(lead); Maverick Ventures Israel, Hanaco Ventures, Welltech Ventures, Arc Impact, Basad Ventures, Fresh.Fund, Jumpspeed Ventures, Richard Montwill |
| Zeroboard | Enterprise greenhouse gas emission calculation service | Energy and Natural Resources | Japan | A | 18.3 (updated) | 15/02/2023 | Nagase, Kansai Electric Power, Mitsubishi UFJ, Iwatani, Toyoda Tsusho, Sumitomo, Fukuoka Financial Group (FFG Venture Partners), Orix, Mizuho Bank (Mizuho Capital), Sumitomo Mitsui Banking Corporation (SMBC Venture Capital); U3 Innovations, Delight Ventures, Keryrock Capital Management, DNX Ventures, Inclusion Japan, Development Bank of Japan (DBJ Capital), Jafco, Coral Capital |
| Polyhedra Network | Web3 data-sharing platform | IT | UK | N/A | 10 | 14/02/2023 | Binance (Binance Labs) (co-lead), Animoca Labs; Polychain Capital (co-lead) |
| BluWave-ai | Provider of clean energy optimisation software | Energy and Natural Resources | Canada | A | 9.5 | 14/02/2023 | Ontario Power Generation (PowerOn Energy Solutions); Capital Angels Network (lead), Government of Canada (Federal Economic Development Agency for Southern Ontario) |
| Natural Cycles | Temperature-based birth control app | Healthcare | US | N/A | 7 | 14/02/2023 | Samsung (Samsung Ventures), Bonnier Group (Bonnier Ventures); Heartcore Capital, Headline, EQT Ventures |
| Polyuse | Construction site-focused 3D printer developer | Industrial | Japan | N/A | 5.3 | 15/02/2023 | Yoshimura Construction Industry; Universal Materials Incubator, SBI (SBI Investment), Emellience Partners, Coral Capital, IVS Venture |
| Curacel | Africa-focused insurance software provider | Financial | US | Seed | 3 | 15/02/2023 | Tencent; AAF Management, Elefund, Blue Point Capital Partners, Pioneer Fund, Olive Tree Capital, Y Combinator, James Park, Olugbenga Agboola, Babs Ogundeyi |
| FYR Medical | Medical device manufacturer | Healthcare | US | A | 2.6 | 14/02/2023 | NuVasive (lead); unnamed others |
| Lebo Robotics | Wind farm maintenance robot developer | Energy and Natural Resources | Japan | N/A | 2.2 | 15/02/2023 | Mitsui Sumitomo Insurance (Mitsui Sumitomo Insurance Venture Capital’s MSIVC 2021 Fund 5), KDDI (KDDI Green Partners Fund); Abies Ventures (Abies Ventures Fund 1), Tomohiko Hasegawa |
| Portlogics | Provider of freight forwarding automation technology | Services | South Korea | Pre-A | 1.6 | 15/02/2023 | GS Holdings (GS Global); K2G Tech Fund |
| OhmniLabs | Service robot developer | Industrial | Thailand | N/A | N/A | 15/02/2023 | Muang Thai Life Assurance (Fuchsia Venture Capital) |
| Clear Street | Cloud-based prime brokerage service | Financial | US | N/A | N/A | 14/02/2023 | IMC (IMC Investments) |
| Ember LifeSciences | Pharmaceutical cold chain shipping service | Healthcare | US | N/A | N/A | 15/02/2023 | Carrier Global Corporation (Carrier Ventures) |
| Now.gg | Cloud-based mobile gaming platform | Media | US | N/A | N/A | 15/02/2023 | NTT Docomo (NTT Docomo Ventures) |
