Funds
US-based venture capital firm Shima Capital has raised $200m for an early-stage crypto fund, having secured limited partners including blockchain game publisher Animoca Brands and cryptocurrency exchange OKex. Republic Capital, Mirana Ventures, Bill Ackman, Andrew Yang and Dragonfly helped fill out the LP roster.
Thailand-based audio and video media group Techsauce has formed an accelerator initiative dubbed Thailand Accelerator in partnership with crowdfunding bond platform PeerPower. It will link entrepreneurs with investors and startup ecosystems.
M&A
Online investment platform eToro has agreed to acquire Gatsby, a US-based digital trading portal backed by financial services firm Barclays and neobank Radius Bank, for $50m. The company had secured $10m in a March 2021 series A round featuring both banks to take its total funding to at least $12m.
E-commerce platform provider Graas has acquired SELLinALL, a Singapore-based e-commerce services provider backed by marketing firm DA Consortium. SELLinALL had raised $3m from DA Consortium and VC fund Catalyst One in January 2022.
Funding
| Company | Company description | Sector | Country | Round | Round size($m) | Deal date | Investors |
|---|---|---|---|---|---|---|---|
| DriveNets | Cloud-native networking service | Telecoms | Israel | C | 262 | 17/08/2022 | Harel Group (Harel Insurance Investments & Financial Services); D2 Investments (lead), Bessemer Venture Partners, Pitango, D1 Capital, Atreides Management, |
| BigPanda | IT operations data technology producer | IT | US | E | 210 (updated) | 17/08/2022 | UBS (UBS Next), Wells Fargo (Wells Fargo Strategic Capital); Advent International, Insight Partners, unnamed existing investors |
| Qiyuan | Green energy technology affiliate of State Power Investment Corporation | Energy and Natural Resources | China | A | 147 | 18/08/2022 | Unnamed corporate investors |
| VidMob | Advertising optimisation software provider | Media | US | D | 110 | 17/08/2022 | eGateway, DraftKings (Drive by DraftKings); Shamrock Capital (lead), ID Fund, PROOF |
| Incredible Health | Career marketplace for healthcare workers | Healthcare | US | B | 80 | 17/08/2022 | Kaiser Permanente; Base10 Partners (lead), Andreessen Horowitz, Obvious Ventures, Johns Hopkins, Andre Iguodala, Charli D’Amelio, Dixie D’Amelio |
| Shiprocket | Ecommerce shipping service | Services | India | E | 33.5 | 17/08/2022 | Bertelsmann, Moore Global, PayPal; Temasek (co-lead), Lightrock (Lightrock India) (co-lead), March Capital |
| Docquity | Online community for medical professionals | Healthcare | Singapore | C | 32 | 18/08/2022 | Itochu Corporation |
| KeyCare | Virtual care platform developer | Healthcare | US | A | 24 | 17/08/2022 | Spectrum Health (Spectrum Health Ventures); 8VC, LRVHealth, Bold Capital |
| Tessera | NFT collective ownership platform | Financial | US | N/A | 20 | 17/08/2022 | Uniswap Labs (Uniswap Labs Ventures); Paradigm (lead), Focus Labs, eGirl Capital, Yunt Capital. |
| Vividly | Trade promotion tool developer | Media | US | A | 18 | 16/08/2022 | Green Spoon Sales; 645 Ventures (co-lead), Vertex Holdings (Vertex Ventures US) (co-lead), Costanoa Partners, Torch Capital |
| Fomo Pay | Payment services provider | Financial | Singapore | A | 13 | 18/08/2022 | Jump Trading (Jump Crypto) (lead), Wanxiang (HashKey Capital); Antalpha Ventures, Ab Initio Capital, Republic Capital |
| AsiaYo | Online accommodation booking platform | Services | Taiwan | N/A | 12.5 | 18/08/2022 | Lion Travel, Klook, Alibaba (Alibaba Entrepreneurs Fund); Blue Rain Capital, China Development Financial, Cornerstone Ventures, Darwin Venture Management |
| ISA Lab | At-home vaccination service | Healthcare | Brazil | N/A | 12 | 09/08/2022 | Bradesco Seguros (Bradesco Saude); Canary, Yaya Capital, FIR Capital, Vox Capital, Kortex, Scale-Up Ventures, Norte Ventures, MatterScale |
| Rusk Media | Digital entertainment company | Media | India | A | 9.5 | 17/08/2022 | Info Edge (Info Edge Ventures); DAOL Investment (lead), Audacity Ventures, Mistry Ventures, Survam Partners |
| Bearing | Maritime shipping data provider | Services | US | Seed | 7 | 17/08/2022 | Mitsui & Co; AI Fund |
| Oddin.gg | Global esports betting site | Media | Czech Republic | A | 4.5 | 17/08/2022 | Genting Group (Genting Ventures); Velo Partners |
| MetaverseGo | Mobile gaming platform | Media | Philippines | Seed | 4.2 | 09/08/2022 | Com2uS, Akatsuki, Delphi Digital; Galaxy Digital (Galaxy Interactive Unit) (lead), Dragonfly Capital, Mechanism Capital, Yield Guild Games, Infinity Ventures Crypto, Shima Capital, Ascensive Assets, BitScale Capital, BreederDAO, Mentha Partners, Emfarsis |
| MetaMorphoSys | Insurance software producer | Financial | India | Pre-A | 3 | 17/08/2022 | Info Edge (Capital 2B) (lead); Pavitar Singh, Dhruv Dhanraj Behl |
| UA92 | Higher education services provider | Services | UK | N/A | 1.4 | 17/08/2022 | Bruntwood |
| Dendoh | Metaverse avatar provider | Media | Japan | Pre-Seed | <1 ($450,000) | 18/08/2022 | Mitsubishi UFJ (Mitsubishi UFJ Capital), SBI Holdings (SBI Investment); W Ventures, F Ventures, Kazuhide Hashida |
| Renkube | Solar tracking technology developer | Energy and Natural Resources | India | Seed | <1 ($300,000) | 17/08/2022 | Halliburton (Halliburton Labs); K4 Forum Mumbai Network, Jito (Jito Angel Network) |
| Rokoko | Motion capture technology developer | Media | Denmark | N/A | 3 | 17/08/2022 | Naver Z (lead), VF (VF Venture); North-East Venture, Thomas Visti |
| Angry Miao | Keyboard and headphone manufacturer | Consumer | China | N/A | N/A | 17/08/2022 | Meituan (DragonBall Capital), Lenovo (Lenovo Capital Incubator Group); ZhenFund |
| MiyaHealth | Healthcare software provider | Healthcare | Singapore | N/A | N/A | 18/08/2022 | Bank Central Asia (Central Capital Ventura); HealthXCapital, Enterprise Singapore (Seeds Capital) |
| Dopplr | Al-equipped garment personalisation service | Consumer | India | N/A | N/A | 18/08/2022 | Flipkart (Flipkart Ventures) |
| Livwell | Blockchain-driven insurance platform | Financial | India | N/A | N/A | 18/08/2022 | Flipkart (Flipkart Ventures) |
| LogisticsNow | Freight intelligence provider | Services | India | N/A | N/A | 18/08/2022 | Flipkart (Flipkart Ventures) |
| NeuroPixel.AI | Apparel cataloguing service | Consumer | India | N/A | N/A | 18/08/2022 | Flipkart (Flipkart Ventures) |
| Rightbot Technologies | Fulfilment automation service | Services | India | N/A | N/A | 18/08/2022 | Flipkart (Flipkart Ventures) |
| Sellerapp | Seller-focused data analytics provider | IT | India | N/A | N/A | 18/08/2022 | Flipkart (Flipkart Ventures) |
