M&A
Swrve, a US-based mobile marketing platform operator backed by chipmaker Intel, has been acquired by customer engagement tool provider MessageGears for an undisclosed amount. The company’s total funding stood at $75m when it closed a $25m series D round in 2017.
Funding
| Company | Company description | Sector | Country | Round | Round size($m) | Deal date | Investors |
|---|---|---|---|---|---|---|---|
| CR Biopharma | Cardiovascular disease-focused drug producer | Healthcare | China | B | 89 | 13/01/2023 | China Chengtong Holdings; China Structural Reform Fund Corporation (CTT Fund) (lead), Mixed Ownership Reform Fund, China Merchants Bank, China Construction Bank, Guangdong Technology Financial Group, Wuxi Guolian Development Group (Wuxi Guolian Venture Capital) |
| Astsic | Semiconductor silicon carbide developer | IT | China | A+ | 44.5 | 13/01/2023 | Zhuhai Huafa Group, SAIC Motor (Hengxu Capital); SummitView Capital (lead), Shanjin Capital, China Development Bank, CSC Financial |
| No Meat Factory | Vegan food product manufacturer | Consumer | Canada | B | 42 | 12/01/2023 | Tengelmann Group (Tengelmann Growth Partners) (lead), Tengelmann (Emil Capital Partners) |
| VilCart | Rural B2B ecommerce platform | Consumer | India | A | 18 | 13/01/2023 | Texterity; Asia Impact (lead), Nabventures |
| Joyn Insurance | Technology-equipped insurance underwriter | Financial | US | A | 17.7 | 12/01/2023 | CSAA Insurance Group (Avanta Ventures), SiriusPoint; Cohen Circle, ManchesterStory |
| Chooose | Climate activities integration software provider | Energy and Natural Resources | Norway | N/A | 15 | 13/01/2023 | Shell (Shell Ventures); GenZero (co-lead), SoundWaves (co-lead), Vinyl Capital |
| Kwara | Credit union digitalisation service | Financial | Kenya | Seed | 7 (updated) | 16/01/2023 | SoftBank (SoftBank Vision Fund Emerge); Finca International (Finca Ventures), DOB Equity, Globivest and Willard Ahdritz, One Day Yes, Base Capital, Mikko Salovaara, Breega, New General Market Partners |
| Canary | Emergency employee relief platform | Financial | US | Seed | 2.85 | 12/01/2023 | Capital One (Capital One Ventures); Marguerite Casey Foundation, Sting (Propel Capital), Sorenson Impact Foundation, Financial Health Network |
| Okticket | Travel expense management platform | Financial | Spain | N/A | 1.9 | 13/01/2023 | GVC Gaesco (Zamit Capital); Angels Capital (lead), Carlos Blanco, Encomenda Smart Capital (Oriol Juncosa), Asterius |
| Knewit | Inter-company logistics tool provider | Services | Japan | Seed | <1 (410,000) | 16/01/2023 | MTG (MTG Ventures); Mint; Japan Finance Corporation (debt) |
| Miteki | Online salon services platform | Services | Japan | N/A | N/A | 16/01/2023 | CyberStep |
| Man-Machine Synergy Effectors | Robotics technology developer | Industrial | Japan | Pre-B2 | N/A | 16/01/2023 | Nippon Signal |
| BPR Cloud (formerly Play) | Business visualisation platform | IT | Japan | Pre-A | N/A | 16/01/2023 | Vector; Naoya Usuba, Taku Toguchi, unnamed other investors |
| Toooon | Freelancer-focused business management tool provider | IT | Japan | Seed | N/A | 16/01/2023 | Z Holdings (Z Venture Capital), Dogan Beta, Digital Garage (DG Ventures’ Open Network Lab), Globis (G-Startup), Fan Communications; F Ventures, FGN ABBALab, East Ventures, 90s, Tatsuo Sakamoto, Kuniaki Yamada, Kazuhide Hashida, Daisuke Takanashi, Hidekazu Kouno, Shinobu Izumi, unnamed other investors |
| PicoCela | Mesh wifi system provider | IT | Japan | N/A | N/A | 16/01/2023 | Nishio Rent All |
| Psychic VR Labs | Fashion-focused virtual and mixed reality service provider | Consumer | Japan | N/A | N/A | 13/01/2023 | Animoca Brands |
| Paige | Cancer-focused digital pathology technology developer | Healthcare | US | N/A | N/A | 11/01/2023 | Microsoft |
| Percent | Digital credit marketplace | Financial | US | N/A | N/A | 12/01/2023 | Nomura Holding America (Nomura Strategic Ventures Fund 1) |
| Ztrus | Document processing software provider | Financial | Thailand | N/A | N/A | 13/01/2023 | Winserve Corp; Innospace, Digital Economy Promotion Agency (Depa) |
