Public Markets
Indonesia-based enterprise services provider Venteny has filed to raise up to Rp 435bn ($27.8m) in an initial public offering on the Indonesia Stock Exchange valuing it at approximately $185m, DealStreetAsia reported today. Its investors include advertising agency Carta Holdings, which owns a 24.8% stake, and employee benefits provider Relo Club, which holds 8.8% of its shares.
Funding
| Company name | Company description | Sector | Country | Round | Round Size ($) | Deal date | Investors |
|---|---|---|---|---|---|---|---|
| ABB E-mobility | Electric vehicle charging subsidary of ABB | Transport | Netherlands | N/A | 208 | 21/11/2022 | Michael Halbherr, Interogo, Moyreal |
| FogPharma | Precision medicines developer | Healthcare | US | D | 178 | 21/11/2022 | Alphabet (GV); Arch Venture Partners, Milky Way Investments, Fidelity Management & Research, VenBio Partners, Deerfield Management, Cormorant Asset Management, T Rowe Price, Invus, Farallon Capital Management, HBM BioVentures (HBM Healthcare Investments), Casdin Capital, PagsGroup |
| Laundrygo | On-demand laundry service | Services | South Korea | C | 37 | 21/11/2022 | SoftBank (SoftBank Ventures), Hanwha (Hanwha Securities), Musinsa; H&Q Korea (lead), Altos Ventures, KB Securities, Aju IB, Badgers Investment, Pebbles Investment |
| Ultraviolette | Electric motorcycle brand | Transport | India | D | 34 (updated) | 22/11/2022 | Qualcomm (Qualcomm Ventures); Exor (Lingotto) (lead) |
| Ace Games | Casual mobile game developer | Media | Turkey | N/A | 25 | 21/11/2022 | Playtika |
| Modern Milkman | Sustainable grocery delivery service | Consumer | UK | C | 24.3 | 21/11/2022 | Avery Dennison; Insight Partners (lead), ETF Partners, Praetura Group (Praetura Ventures) |
| Turbine | Cell-behaviour simulation platform developer | Healthcare | Hungary | A | 20.5 | 22/11/2022 | Merck & Co (Merck GHI Fund) (co-lead), XTX Markets (XTX Ventures); Mercia (co-lead), Day One Capital, Accel, Delin Ventures, |
| I-Rox | Pulse powered technology producer | Energy and Natural Resources | France | N/A | 12.3 | 21/11/2022 | I-Pulse; Breakthrough Energy Ventures (Breakthrough Energy Ventures-Europe) |
| Grinta | Business-to-business online marketplace | Consumer | Egypt | Seed | 8 | 21/11/2022 | Almajdouie Holding (Raed Ventures) (co-lead); Nclude (co-lead), 500 Global, Endeavor Catalyst |
| XYG | Service robotics startup | Industrial | South Korea | A | 7.3 | 21/11/2022 | Hyundai Motor Group, Samsung (Samsung Ventures), Humax Automotive; Magna Investment, Korea Investment Partners, Zero One, Villence Investment |
| Beam | Financial aid access service | Financial | US | A | 6.4 | 18/11/2022 | American Family Insurance (American Family Insurance Institute for Corporate and Social Impact); Potencia Ventures (lead), Spring Point Partners, Imaginable Futures, Lumina Impact Ventures, Michelson Runway, Schmidt Futures |
| Seimei | Nutritional supplement brand | Healthcare | China | Pre-A | 4 | 22/11/2022 | BlueFocus Communication Group (lead); Emerging Technology Partners, Daokang Fund, Next Capital |
| Surround Insurance | Lifestyle-focused insurance provider | Financial | US | Seed | 2.5 | 21/11/2022 | MassMutual (MM Catalyst Fund) (lead); Aperture VC, Newark Venture Partners, Cameron Ventures |
| Veax | Decentralised liquidity management exchange | Financial | Switzerland | Pre-Seed | 1.2 | 17/11/2022 | Circle (Circle Ventures), Qredo; Tacans Labs, Proximity Labs, Outlier Ventures, Skynet Trading, Seier Capital, Widjaja Family |
| RemotiveLabs | Automotive software developer | Transport | Sweden | N/A | <1 ($920,000) | 14/11/2022 | Volvo Cars (Volvo Cars Tech Fund); Anette Saleskog, Almi (Almi Invest) |
| Ultraviolette | Electric motorcycle manufacturer | Transport | India | D | 34 (updated) | 22/11/2022 | Qualcomm (Qualcomm Ventures); Exor (Lingotto) (lead) |
| ClearBlade | Internet-of-things software developer | IT | US | N/A | N/A | 21/11/2022 | Sumitomo (Sumitomo Corporation of Americas) |
| NGrave | Crypto security technology provider | Financial | US | A | N/A | 22/11/2022 | Binance (Binance Labs) |
| Fernride | Autonomous logistics truck developer | Transport | Germany | N/A | N/A | 15/11/2022 | DB Schenker |