BMW took part in Our Next Energy’s $300m series B round while Animoca Brands contributed to Colossal Biosciences’ $150m series B.

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Carmaker BMW’s corporate venturing arm, BMW i Ventures, took part in a $300m series B round for Our Next Energy, a US-based developer of advanced batteries for electric vehicles, valuing it at $1.2bn. Fifth Wall and Franklin Templeton co-led the round, which included Temasek, Riverstone Holdings, Coatue, AI Capital Partners, Sente Ventures, Breakthrough Energy Ventures, Assembly Ventures, Volta Energy Technologies and two undisclosed…

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Edison Fu

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