LenDenClub invested in six Indian fintech companies through its venture scheme while Alphabet participated in clinical trial management startup Paradigm’s $203m series A round.

Banknotes and Calculator on Table

Funding

LenDenClub Alpha, the corporate venturing support and mentoring scheme launched by peer-to-peer lending platform LenDenClub, has invested an undisclosed amount in six India-based financial technology startups through the unit‘s Bharat FinTech Program: Finswealth, FlashPay, P2P Bazaar, FinPlay, Upmarket India and Filit.

Company Company description Sector Country Round Round size($m) Deal date Investors
Paradigm Cancer-focused clinical trial management platform  Healthcare US A 203 27/01/2023 Alphabet (GV); Arch Venture Partners (co-lead), General Catalyst (co-lead), Fidelity (F-Prime Capital), Lux Capital, Magnetic Ventures, Mubadala Capital, American Cancer Society (BrightEdge)
Meati Mushroom root-derived meat substitute producer Consumer US C 172 (updated) 26/01/2023 Chipotle Mexican Grill (Cultivate Next); Revolution Growth, CPP Investments, Grosvenor Food & AgTech, Wellington Management, Rockefeller Capital
Boxx Insurance Cyber insurance provider Financial Canada B 14.4 31/01/2023 Zurich Insurance (lead)
Edenfarm Farm-to-late fresh produce provider Consumer Indonesia Pre-B 13.5 30/01/2023 Telkomsel (TMI Ventures) (lead); AppWorks, AC Ventures, Capria Ventures, unnamed other investors
Aedifion Property energy management platform Services Germany A 13 27/01/2023 SAP (Hopp), Drees & Sommer, Bauwens, Phoenix Contact Group (Phoenix Contact Innovation Ventures); BeyondBuild (co-lead, World Fund (co-lead), Momeni Group (Momeni Ventures), BitStone Capital
Greyter Water Systems Provider of residential greywater reuse system Industrial US B 10 30/01/2023 Ferguson (Ferguson Ventures) (co-lead), Lennar (Lenx) (co-lead)
Eavor Technologies Geothermal energy technology developer Energy and Natural Resources Canada N/A 7.7 31/01/2023 BP (BP Ventures) (lead), Helmerich & Payne
Ethos Wallet Digital asset access provider Financial US Seed 4.2 26/01/2023 Mysten Labs, Matrixport; Boldstart Ventures (co-lead), Gumi Cryptos Capital (co-lead), Tribe Capital, Charge Ventures, Alliance DAO, Meltem Demirors
VitaDAO Decentralised longevity research group Healthcare Switzerland N/A 4.1 30/01/2023 Pfizer (Pfizer Ventures); Balaji Srinivasan
Saarthi Pedagogy Learning management software provider Services India Pre-A 3.7 31/01/2023 Prestige Group (Pinnacle Investments); GVFL
Kick Avenue Collectable sneakers marketplace Consumer Indonesia A 2.9 30/01/2023 Kream, SneakersLAH
Lquom Quantum internet technology developer IT Japan A 2.3 31/01/2023 Oxide, Macnica, Mitsubishi UFJ (Mitsubishi UFJ Capital); SBI Holdings (SBI Investment), Japan Science and Technology Agency, Incubate Fund
Educa & Quest Enquiry-based career education programme provider Services Japan N/A 1.5 31/01/2023 TechMatrix
Voldex Roblox and Minecraft-focused video game content developer Media US A N/A 24/01/2023 Pow Interactive; Andreesen Horowitz (lead), Dune Ventures, Makers Fund, Lalotte Ventures
Equa Health Mindfulness training app developer Healthcare US Pre-Seed N/A 26/01/2023 Tripp
Xiaodu AI voice assistance spinoff of Baidu IT China B+ N/A 30/01/2023 China Reform Fund
BionicM Robotic prosthetic leg developer Healthcare Japan N/A N/A 31/01/2023 NEC Corporation (NEC Capital Solutions’ N Venture Capital); Shinsei Bank (Shinsei Corporate Investment), University of Tokyo (University of Tokyo Innovation Platform), Tokyo Kiraboshi Financial Group (Kiraboshi Capital), Chiba Bank (Chibagin Capital), Yoshitsune Ido, AIS Capital, Koh Gen
Ecommit Textile recycling service Services Japan N/A N/A 31/01/2023 Itochu; Kips (Independents Angel Fund 2, KE Fund)
Sauber Group Formula 1 team Media Switzerland N/A N/A 31/01/2023 Volkswagen Group (Audi)
Edison Fu

Edison Fu is head of Asia development at Global Corporate Venturing.