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.

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. CompanyCompany descriptionSectorCountryRoundRound size($m)Deal dateInvestorsParadigmCancer-focused clinical trial management platform HealthcareUSA20327/01/2023Alphabet (GV); Arch Venture Partners (co-lead), General Catalyst (co-lead), Fidelity (F-Prime Capital), Lux Capital, Magnetic Ventures, Mubadala Capital, American Cancer Society (BrightEdge)MeatiMushroom root-derived meat substitute producerConsumerUSC172 (updated)26/01/2023Chipotle Mexican Grill (Cultivate Next); Revolution Growth, CPP Investments, Grosvenor Food & AgTech, Wellington Management, Rockefeller CapitalBoxx InsuranceCyber insurance providerFinancialCanadaB14.431/01/2023Zurich Insurance (lead)EdenfarmFarm-to-late fresh produce providerConsumerIndonesiaPre-B13.530/01/2023Telkomsel (TMI Ventures) (lead); AppWorks, AC Ventures, Capria Ventures, unnamed other investorsAedifionProperty energy management platformServicesGermanyA1327/01/2023SAP (Hopp), Drees & Sommer, Bauwens, Phoenix Contact Group (Phoenix Contact Innovation Ventures); BeyondBuild (co-lead, World Fund (co-lead), Momeni Group (Momeni Ventures), BitStone CapitalGreyter Water SystemsProvider of residential greywater reuse system IndustrialUSB1030/01/2023Ferguson (Ferguson Ventures) (co-lead), Lennar (Lenx) (co-lead)Eavor TechnologiesGeothermal energy technology developerEnergy and Natural ResourcesCanadaN/A7.731/01/2023BP (BP Ventures) (lead), Helmerich & PayneEthos WalletDigital asset access providerFinancialUSSeed4.226/01/2023Mysten Labs, Matrixport; Boldstart Ventures (co-lead), Gumi Cryptos Capital (co-lead), Tribe Capital, Charge Ventures, Alliance DAO, Meltem DemirorsVitaDAODecentralised longevity research groupHealthcareSwitzerlandN/A4.130/01/2023Pfizer (Pfizer Ventures); Balaji SrinivasanSaarthi PedagogyLearning management software providerServicesIndiaPre-A3.731/01/2023Prestige Group (Pinnacle Investments); GVFLKick AvenueCollectable sneakers marketplaceConsumerIndonesiaA2.930/01/2023Kream, SneakersLAHLquomQuantum internet technology developerITJapanA2.331/01/2023Oxide, Macnica, Mitsubishi UFJ (Mitsubishi UFJ Capital); SBI Holdings (SBI Investment), Japan Science and Technology Agency, Incubate FundEduca & QuestEnquiry-based career education programme providerServicesJapanN/A1.531/01/2023TechMatrixVoldexRoblox and Minecraft-focused video game content developerMediaUSAN/A24/01/2023Pow Interactive; Andreesen Horowitz (lead), Dune Ventures, Makers Fund, Lalotte VenturesEqua HealthMindfulness training app developerHealthcareUSPre-SeedN/A26/01/2023TrippXiaoduAI voice assistance spinoff of BaiduITChinaB+N/A30/01/2023China Reform FundBionicMRobotic prosthetic leg developerHealthcareJapanN/AN/A31/01/2023NEC 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 GenEcommitTextile recycling serviceServicesJapanN/AN/A31/01/2023Itochu; Kips (Independents Angel Fund 2, KE Fund)Sauber GroupFormula 1 teamMediaSwitzerlandN/AN/A31/01/2023Volkswagen Group (Audi)

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Edison Fu

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