Sophie Dingreville, formerly of Munich Re Ventures, has been appointed chief investment officer of BP’s digital technology accelerator.
Category: News
Daily Deal Round Up: April 26, 2022
Yangtze River Pharmaceutical Group led Binhui Biopharm’s $47m series B-plus round while Sigfox has been snapped up by UnaBiz for under $30m after raising over $300m.
GemPharmatech gets $175m in initial public offering
The Sinopharm-backed laboratory animal model developer floated on Shanghai Stock Exchange’s Star Market two years after its last equity funding.
Kinexon connects to corporates to raise $130m
BMW i Ventures and Telekom Innovation Pool both invested in a series A round for the IoT system provider, which had developed dedicated technology products with their parent companies.
Daily Deal Round Up: April 25, 2022
Web3 security software producer Certik received $60m from investors including SoftBank Vision Fund 2 while corporate-backed automation technology provider Vicarious is being bought after raising over $250m.
Shanghai Shanshan secures $472m
BYD, CATL and PetroChina’s Kunlun Capital vehicle were among the investors in a round valuing the lithium-ion battery material producer at $1.5bn.
Crusoe Energy Systems mines $350m from investors
The energy recycling technology provider received backing from Mitsui and DRW in a round totalling $505m in equity and debt financing.
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.
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.