The energy recycling technology provider received backing from Mitsui and DRW in a round totalling $505m in equity and debt financing.
Month: April 2022
Agility Robotics flexes to raise $150m
TDK Ventures, Itic and Amazon’s newly minted Industrial Innovation Fund all contributed to warehouse robot developer Agility’s series B round.
Bucketplace looks to fill up $190m round
SoftBank Ventures Asia is reportedly among the firms investing in the owner of interior design app Today’s House at a $1.45bn valuation.
L’Oreal squares Circular Innovation Fund investment
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.
Analysis: Rapido obtains $180m
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.
Daily Deal Round Up: April 22, 2022
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.
Amazon produces $1bn industrial technology fund
Amazon Industrial Innovation Fund will invest in logistics technology developers while the corporate’s AWS Impact Accelerator is targeting founders from underrepresented backgrounds.
Upside Foods feeds on $400m
SoftBank, Cargill, Tyson Foods, Dentsu and Givaudan invested in the cellular meat producer’s series C round, as it prepares to move to the commercialisation phase.
Convoy carries through $260m
Alphabet subsidiary GV was among the investors participating in a series E round valuing the digital freight services marketplace at $3.8bn.
Rario scores $120m in series A round
The cricket-themed NFT platform developer pulled in a nine-figure sum through a round led by Dream Sports and backed by Animoca Brands.
Shyy bids goodbye to Hubert Burda
GCV Rising Star and former principal at Gree Ventures Albert Shyy has left his MD position at Burda Principal Investments for a similar role at investment group Eurazeo.
Corporate venturing grows in March
Monthly data: March 2022
Corporate venturing still growing in Q1
Quarterly data: Q1 2022
Japanese ecosystem re-emerges from the pandemic
Innovative region: Japan