Energy

BYD, CATL and PetroChina’s Kunlun Capital vehicle were among the investors in a round valuing the lithium-ion battery material producer at $1.5bn.

The energy recycling technology provider received backing from Mitsui and DRW in a round totalling $505m in equity and debt financing.

The cosmetics producer has supplied over $54m for the first close of the $160m circular economy-focused vehicle, a joint venture for Cycle Capital and Demeter.

Swiggy helped boost Rapido's valuation to $800m in a round that featured Shell Ventures and TVS Motor. This is a deal of a rather surprising size and valuation in a space that has not been as hot over the past years, as far as corporate-backed deals are concerned.

Appliance management app developer Fresco's $20m round was co-led by Vorwerk and Instant Brands while NBCUniversal and Hearst helped media measurement software provider TVScientific raise $20m.

Monthly data: March 2022

Quarterly data: Q1 2022

Innovative region: Japan

Sector report: consumer

SK Hynix, Marvell and M12 helped data centre technology producer D-Matrix pull in $44m while health insurance provider SafetyWing raised $35m from investors including Digital Garage and CreditEase.

Accenture, Workday and Bank of America helped VR training technology developer Strivr expand its latest round to $65m while Consensys backed a $50m round for blockchain analytics provider Flipside Crypto.