Sectors
DSG Ventures has launched with five investments and marks the rare instance of a sports retailer launching a strategic fund.
Cable One provided $50m for Ziply Fiber while Mercuria co-led a series C round the same size for The Mobility House.
A range of corporates contributed to electric carmaker Aion’s $2.5bn series A round while Prosus took part in a $46m series E for farming services provider DeHaat.
Q2 Holdings has acquired National Bank of Canada and OpenText-backed Sensibill while ArcelorMittal's XCarb unit was part of Form Energy’s $450m series E round.
Gradient Ventures and Workday Ventures were part of Flatfile’s $50m series B round while KPN Ventures is set to exit ZecOps through an acquisition.
This week's most interesting deals included insect-based animal feed and a system that uses kinetic energy to shoot satellites into space.
Brevan Howard Digital has led a $35m series B round for Messari while Robert Bosch Venture Capital participated in Tulu’s $25m series A.
FTX and Coinbase took part in a $200m round for NFT game developer Limit Break while Schaeffler, Kingspan and Marcegaglia backed H2 Green Steel’s $190m series B.
Bertelsmann-backed paywall management software provider Zephr is set to be acquired by Zuora in a $44m deal while Meituan co-led a $875m round for EV battery producer Sunwoda.
Lunar Energy disclosed $300m from investors including Sunrun and SK, and acquired Honda, Itochu and Tokyo Electric Power-backed Moixa for an undisclosed amount.
Intel Capital co-led an extension that took Anyscale’s series C round to $199m while Saudi Aramco's Prosperity7 fund helped Zilliz lift its series B to $103m.
Hanwha Life took part in a $20m series B round for Airs Medical while Allianz-backed AV8 Ventures helped Think Bioscience close $17m in seed funding.
SK provided $100m for Atom Power, while MediaTek, Ta Ya, Simplo and Chunghwa Telecom all took part in TXOne Networks’ $70m series B round.
Legend Capital-backed clinical services provider R&G Pharmastudies floated in a $174m initial public offering while several corporates exited Pymetrics in an acquisition by Harver.
Cruise is set to receive the balance of the $2.25bn pledged by SoftBank Vision Fund in 2018 after commercially launching its autonomous taxi service in San Francisco.
Uber's autonomous driving spinoff, which had raised $1bn from SoftBank Vision Fund, Toyota and Denso, is merging with self-driving technology producer Aurora.
The property and casualty insuance provider nearly doubled its overall funding with a strategic investment by MS&AD subsidiary Mitsui Sumitomo.
The banking group is providing the funding as part of a collaboration deal that will involve it building a financial services app with Grab.
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