Chevron led a $100m round, backed also by a group of other corporates, raised by the carbon capture specialist.
Author: Kaloyan Andonov, Fernando Moncada Rivera
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.
Analysis: Nova Labs raised $200m
Several corporate venture investors participated in a round which took the crypto IoT network developer’s valuation to $1.2bn. The round and the company are part of the larger crypto tech space, which has been attracting much interest and capital in most recent times.
Analysis: Everli gets over $124m delivered
The latest round raised by Everli and backed by Pernod Ricard was boosted by just over $24m from United Ventures, taking the grocery delivery service’s overall funding to over $143m.
Analysis: LayerZero Labs stacks up $135m
Several corporates backed the blockchain technology developer in its latest round, boosting its valuation to $1bn. Valuations of blockchain tech companies have soared along with the interest in speculative assets classes inherently linked to the blockchain in recent times.
Analysis: Terra Drone raises $70m
The drone technology provider raised capital from a host of corporates, bringing its total funding to over $84m.
Analysis: Axonius connects for $200m
Deutsche Telekom-backed DTCP was among the investors that pushed the cybersecurity management platform developer’s valuation to $2.6bn.
Analysis: DNAnexus obtains $200m
GV returned for a multimillion dollar round raised by the clinical data software provider, which is part of a space of much interest to corporate investors.
Analysis: Kin ensures $82m in series D
CSAA participated in the first close of a series D round for Kin Insurance, which is part of the broader insurtech space, which has enjoyed the attention of corporate venture investors.
Analysis: Hy2gen pumps $227m
Technip Energies committed capital the hydrogen fuel producer’s latest round, while hydrogen continues to make inroads as an alternative energy source.
Analysis: D-Wave rides a reverse merger
The NEC-backed quantum computing system developer will list on the New York Stock Exchange. The company is part of the budding quantum computing tech space in which corporates are taking increasing interest.
Analysis: Wayflyer receives $150m
Prosus Ventures committed capital to e-commerce finance provider Wayflyer at a $1.6bn valuation, increasing its overall funding to over $236m.
Analysis: Eswin computes $392m
The semiconductor producer completed a nine-figure series C round from investors including SAIC Motor. This is a deal from the semiconductor and chips space, which does not normally see many corporate-backed deals but our data suggest valuations are currently experiencing upward pressure.
Analysis: ABL raises $370m in series B
Satellite launch vehicle developer ABL Space Systems raised a multimillion dollar series B round, which took its total funding to $420m with a $200m extension to its latest round.