Public markets
Giant Biogene, a China-based skin treatment product manufacturer backed by Legend Capital, the venture capital firm formed by conglomerate Legend Holdings, has listed on the main board of the Hong Kong Stock Exchange. The company priced its shares at HK$24.30 ($3.10) each to raise approximately $70m.
M&A
Financial automation software provider Bill has agreed to acquire Finmark, a US-based financial planning software provider backed by payment services provider American Express, for an undisclosed amount. Corporate VC unit American Express Ventures was among the investors in a seed round Finmark closed at $11.5m in January this year.
Funding
| Company | Company description | Sector | Country | Round | Round size($m) | Deal date | Investors |
|---|---|---|---|---|---|---|---|
| Ziply Fiber | Fibre optics internet provider | IT | US | N/A | 50 | 04/11/2022 | Cable One |
| The Mobility House | Electric vehicle charging service | Transport | Germany | C | 50 | 04/11/2022 | Mercuria (co-lead), Mercedes-Benz, Renault-Nissan-Mitsubishi (Alliance Venture), Mitsui, SP Group; Ventura Capital (co-lead), Green Gateway Fund (co-lead) |
| HC Bioscience | Protein dysfunction technology developer | Healthcare | US | A | 40 (updated) | 04/11/2022 | Taiho Pharmaceutical (Taiho Ventures), Takeda Pharmaceutical (Takeda Ventures); Panacea Venture, Arch Venture Partners, 8VC |
| ClinBrain | Healthcare data software producer | Healthcare | China | C | 27.6 | 01/11/2022 | Legend Holdings (Legend Capital) (lead) |
| Dropit | Omnichannel retail technology provider | Consumer | UK | C | 25 | 04/11/2022 | Axentia; Vault Investments (lead), Tiga Investments, Sugarbee |
| FLX Networks | Asset management technology developer | Financial | US | N/A | 10 | 06/11/2022 | Allianz (Allianz Life Ventures), Broadridge Financial Solutions; Barings (lead) |
| Base | D2C beauty and wellness brand | Consumer | Indonesia | A | 6 | 04/11/2022 | Rakuten (Rakuten Ventures); Antler, East Ventures, Skystar Capital, Pegasus Tech Ventures |
| Elusiv | Privacy site for Solana users | IT | UK | Seed | 3.5 | 03/11/2022 | Staking Facilities Ventures (co-lead), Jump Trading Group (Jump Crypto), SolanaFM, Equilibrium; LongHash (co-lead), NGC Ventures, Anagram, Big Brain Holdings, Cogitent Ventures, Token Adventures, Marin Ventures, Monke Ventures, Moonrock Capital |
| Meleap | Developer of augmented reality sports platform Hado | Media | Japan | N/A | 3.5 | 07/11/2022 | Horipro; QC Investment (lead), Incubate Fund, Tokyo Kiraboshi Financial Group (Kiraboshi Capital), Waki Planning, East Investment Capital (CIP Fund) |
| Emerge Career | Online job training platform | Services | US | Seed | 3.2 | 07/11/2022 | SoftBank (SoftBank Opportunity Fund); 776 (lead), Y Combinator, Lenny Rachitsky, Michael Seibel |
| Assert AI | Computer vision technology developer | IT | US | N/A | 2 | 04/11/2022 | Arya.ag; Prashant Purker |
| NuCicer | Agri-food technology provider | Industrial | US | Seed | N/A | 05/11/2022 | Bayer (Leaps by Bayer) (lead); Lever VC, Blue Horizon, Trellis Road |
| Sabanto | Autonomous tractor technology developer | Industrial | US | N/A | N/A | 07/11/2022 | CHS/Growmark (Cooperative Ventures) |
