Asahi Intecc, Eisai and Ohara were among the LPs of Africa-minded AAIC Investment’s second vehicle, following in the footsteps of corporate-backed Samurai Africa Fund 2.
Month: May 2022
Edge Delta raises $63m to solve data observation problem
Cisco and ServiceNow were among the investors backing the data observability company’s largest round to date.
Echo Health expects Tennessee success
Geographic growth and the integration of the corporate-backed healthcare venture firm’s newest partner is set to precede a busy year, Rob Coppedge and Hayley Hovious told Global Venturing.
Daily Deal Round Up: May 4, 2022
The Global Corporate Venturing deal net rounds up the smaller investments from across the corporate innovation ecosystem.
Home Depot builds $150m CVC arm
Mike Locker will oversee the home improvement product retailer’s new investment arm.
Suzuken to seek out corporate venturing deals
The drug wholesaler’s CVC fund will have up to $39.3m in capital, and will be led by Suzuken’s head of corporate strategy, Yuichi Yamamoto.
AMF investment makes Polarium a unicorn
The energy storage provider received a boost to its growth plans with a new investment from AMF.
Daily Deal Round Up: May 3, 2022
Web3 services provider Venly and genomic analysis technology provider Genome Insight each raised $23m while Rui Ye Lian helped Cedarlake Capital close a $189m fund.
VisionNav visualises $80m
Meituan co-led the unmanned forklift producer’s series C-plus round, which came seven months after a first close that featured ByteDance and Lenovo.
Spotawheel drives to $105m round
Adevinta Ventures and Uniqa Ventures were among the investors in the second-hand car trading platform’s latest round, which included debt supplied by unnamed institutions.
HilleVax racks up $200m in its IPO
The Takeda Vaccines spinoff floated in an upsized offering that granted its former parent $100m in shares.
OMass Therapeutics binds to $100m series B
Alphabet, Sanofi and Syncona were among the investors helping the drug developer advance toward clinical trials.
Xepelin rises to $111m series B
The small business fintech platform received backing from PayPal to expand across Latin America.
Zepto receives $200m series D delivery
Kaiser Permanente backed the India-based rapid delivery challenger as it squares up against bigger rivals.