Funding
US-based biopharmaceutical therapeutics developer ArriVent Biopharma raised $155m in series B funding from investors including pharmaceutical firm Eli Lilly’s regional fund, Lilly Asia Ventures. The round was co-led by Sofinnova Investments and General Catalyst and included Catalio Capital Management, HBM Healthcare Investments, Shanghai Healthcare Capital, Sequoia China, AIHC Capital, Terra Magnum Capital Partners, Unicorn Capital Partners Limited, Infinitum Asset Management, OrbiMed, Octagon Capital Advisors, Sirona Capital and Boyu/Zoo Capital.
| Company | Company description | Sector | Country | Round | Round size($m) | Deal date | Investors |
|---|---|---|---|---|---|---|---|
| DeepWay | Smart commercial vehicle developer | Transport | China | A+ | 112 | 28/03/2023 | Shandong Weiqiao Pioneering Group (lead), SoftBank (SB China Venture Capital); Qiming Venture Partners |
| Wellvana Health | Healthcare delivery management platform | Healthcare | US | N/A | 84 | 27/03/2023 | Heritage Group (lead), Memorial Hermann Health System; WCAS (Valtruis), Martin Ventures, First Trust Capital Partners, Adam Boehler |
| Salubris Biotherapeutics | Biologic therapeutics developer | Healthcare | China | N/A | 35 | 28/03/2023 | Shenzhen Salubris Pharmaceuticals |
| SolasCure | Wound care gel developer | Healthcare | UK | B | 13.3 | 27/03/2023 | Brain Biotech, Eva Pharma; Seneca Partners (lead), Jonathan Milner, Wealth Club |
| Mixergy | Provider of home energy and heat storage systems | Energy and Natural Resources | UK | N/A | 11.3 | 27/03/2023 | EDP (EDP Ventures) (lead), Centrica, Williams Advanced Engineering/Foresight Group (Foresight WAE Technology); Nesta, Oxford Science Enterprises, Kiko Ventures |
| EV Motors Japan | Diversified electric vehicle and battery manufacturer | Transport | Japan | C | 11.1 (updated) | 27/03/2023 | NTT Docomo (NTT Docomo Ventures), Cygames (Cygames Capital), Shikoku Electric Power Company, JA Mitsui Leasing, Soei, Plus Ad Group, Morita, Restar Electronics, Iyo Bank (Iyogin Capital), Mitsubishi UFJ Trust and Banking Corporation, Fuyo General Lease, Kansai Electric Power (K4 Ventures), Kyuden Technosystems Corporation, Hankyu Bus, Sumitomo, Hibiki, Nishi-Nippon Railroad, Daiichi Kotsu, Wistron, Iyotetsu, IT-Farm, Mizuho Leasing, Sumitomo Mitsui Trust Bank, Yamanashi Chuo Bank (Yamanashi Chugin Management Consulting), Fukuoka Financial Group; Incubate Fund, Interwoos, Energy & Environment Investment, IMM Investment Corp (IMM Investment Group) |
| Nimbbl | Ecommerce-focused checkout platform | Financial | India | Pre-A | 3.5 | 28/03/2023 | Groww; Sequoia (Sequoia Capital India), Global Founders Capital |
| Mamotest | Developer of AI-based breast cancer diagnostics technology | Healthcare | Germany | Pre-A | 3.3 | 27/03/2023 | Johnson & Johnson (Johnson & Johson Impact Ventures), Merck & Co; Sonen Capital, Sky High |
| Videowise | Video commerce platform developer | Consumer | US | Seed | 3 | 27/03/2023 | Slack (Slack Fund) (lead); FounderCollective, Underline Ventures, Mu Ventures, Ratio Ventures |
| Carbonaide | Carbon dioxide-free concrete producer | Industrial | Finland | Seed | 1.9 | 28/03/2023 | Lakan Betoni (co-lead), Vantaa Energy (co-lead) |
| GooPass (formerly Camelove) | Camera equipment subscription service | Consumer | Japan | C1 | N/A | 27/03/2023 | Bic Camera, NTT Docomo (NTT Docomo Ventures), Sumitomo Mitsui Trust Bank/Panasonic (Sumitomo Mitsui Trust Panasonic Finance), Bank of Iwate (Iwagin Jigyo Souzou Capital) |
