M&A
XM Cyber, a subsidiary of Germany-headquartered retailer Schwarz Group, has agreed to acquire Cyber Observer, an Israel-based cybersecurity management technology developer backed by cybersecurity and investment services firm Merlin International, for an amount estimated to be about $30m, according to Calcalist.
Fund
France-based financial services firm Banque Postale has formed a €150m ($158m) investment vehicle called 115K that will focus on developers of advanced technologies in areas like financial services and cybersecurity. The fund will provide between €250,000 to €5m per deal and has already backed carbon emission tracking service Carbo, expense payment software producer Joe, savings technology developer Cashbee and Cosmian, which provides data encryption software.
Funding
| Company | Company description | Sector | Country | Round | Round size ($m) | Deal date | Investors |
|---|---|---|---|---|---|---|---|
| Speechmatics | Speech-to-text technology developer | Information Technology | UK | B | 62 | 28/06/2022 | Susquehanna International Group (Susquehanna Growth Equity) (lead); Albion Capital Group (AlbionVC), IQ Capital |
| Kaiko | Cryptocurrency data provider | Financial | France | B | 53 | 28/06/2022 | Fidelity (Eight Roads) (led); Revaia, Alven, Point9, Anthemis, Underscore |
| Yunsheng Group | Cloud-based human resources technology developer formerly known as Shebao China | Services | China | C | 40.4 | 27/06/2022 | 58.com, 36Kr; Enlight Growth Partners, Peakview Capital, Zhiming Capital, Vision Plus Capital, Volcanics Venture, ZhenFund |
| Progcap | SME-focused working capital provider | Financial | India | C | 40 | 28/06/2022 | Alphabet (Google); Tiger Global Management (co-lead), Creation Investments (co-lead), Sequoia Capital India |
| HappyVore | Plant-based meat substitute provider | Consumer | France | N/A | 36.9 | 27/06/2022 | Artal; Invus |
| Canada Drives | Automotive e-commerce platform | Transport | Canada | N/A | 31.1 | 27/06/2022 | Goeasy |
| Kauche | Social commerce platform | Consumer | Japan | B | 16.2 | 28/06/2022 | Digital Holdings (Bonds Investment Group) (lead), Susquehanna International Group (SIG Asia Investment), Mitsui Sumitomo Insurance (Mitsui Sumitomo Insurance Venture Capital), Sony (Sony Innovation Fund), Dentsu (Dentsu Ventures); Mobile Internet Capital |
| FreeD Group | Chatbot technology provider | Information Technology | China | N/A | 15 | 28/06/2022 | Hong Kong Science and Technology Parks (HKSTP Corporate Venture Fund), ChinaChem Group; Daiwa Securities (Daiwa ACA APAC Growth) (lead), Radiant Tech Ventures |
| Industrial Next | Manufacturing automation technology for electric vehicles | Transport | US | Pre-A | 12 | 28/06/2022 | Lenovo (lead), Xiaomi (Xiaomi Ventures); AlphaX Partners, Y Combinator, MiraclePlus |
| Bykea | Bicycle sharing service | Transport | Pakistan | N/A | 10 | 27/06/2022 | Prosus (Prosus Ventures); Middle East Venture Partners, Sarmayacar, Tharros, Ithaca Capital |
| Mellow | Management software provider for food trucks | Transport | Japan | B | 7.3 | 28/06/2022 | Toyota Motor (Toyota Financial Services) (lead), Sompo Holdings, Tokio Marine & Nichido Fire Insurance, Mitsubishi Estate (Bricks Fund Tokyo), Shimizu Corporation, Tokyu Fudosan Holdings Corporation (TFHD Open Innovation Program), Dentsu (Dentsu Ventures 2), Hakuhodo DY (Hakuhodo DY Future Design Fund), Pksha Technology (Pksha Sparx Algorithm 1) |
| EV Motors Japan | Commercial electric vehicle manufacturer | Transport | Japan | B | 6.8 | 28/06/2022 | Iyotetsu |
| Geminus.AI | Intelligent modelling software producer | Information Technology | US | Seed | 5.9 | 28/06/2022 | Lam Research (Lam Capital) (lead), SK Group; SkyRiver Ventures, Sentiero Ventures, The Hive, Darling Ventures |
| Azuro | Decentralised sports betting protocol developer | Media | India | N/A | 4 | 27/06/2022 | Gnosis, Merit Circle; Hypersphere, Quiet Capital, Formless Capital |
| Cinnamon | AI technology developer | Information Technology | Japan | N/A | 3.7 | 28/06/2022 | Dai-ichi Life |
| GoApptiv | Healthcare-focused IoT technology developer | Healthcare | India | N/A | 3.3 | 27/06/2022 | Cipla |
| Ultrafresh | Modular kitchen provider | Services | India | N/A | 2.5 | 27/06/2022 | TTK Prestige |
| Heyhack | Automated web testing technology developer | Information Technology | Denmark | Pre-seed | 1.6 | 24/06/2022 | Nvidia (Nvidia Inception), Amazon Web Services (AWS Activate); Innovation Fund Denmark, PreSeed Ventures, Bjarke Klinge Staun, Christian Jantzen, Jonathan Sanders, Marcus Krylborn, Adam Jafer |
| Charac | Community pharmacy app developer | Healthcare | UK | N/A | 1.2 | 27/06/2022 | Royal Mail |
| Xland Metaverse | Twin earth-focused metaverse technology developer | Media | N/A | N/A | 1 | 27/06/2022 | BlockAce, Blockpatch, ChainUp (ChainUp Capital); Skyline Capital, Robot Cat Capital, BitGroup Capital, Newave Capital |
| Keyi Technology | Modular robot toy brand | Consumer | China | N/A | N/A | 27/06/2022 | Anker |
