Fund
Sweden-based IT services firm Hexagon has formed a corporate venturing arm dubbed R-evolution. The unit will focus on sustainability and green technology investment opportunities, and it has already provided an undisclosed amount for Material Mapper, a Norway-based developer of circular economy technology for the construction industry.
Funding
| Company | Company description | Sector | Country | Round | Round size($m) | Deal date | Investors |
|---|---|---|---|---|---|---|---|
| BigBasket | Online grocery shopping service | Consumer | India | N/A | 200 | 27/09/2022 | Tata Group (Tata Digital) |
| Not So Dark | Food delivery services provider | Consumer | France | B | 80 | 26/09/2022 | Pernod Ricard (Convivialité Ventures); Kharis Capital (lead), Verlinvest |
| Classiq Technologies | Quantum computing software producer | IT | Israel | B (updated) | 49 | 20/09/2022 | HSBC, NTT (NTT Finance), Intesa Sanpaolo; Awz Ventures |
| Xunjie Medical | Automated external defibrillator maker | Healthcare | China | N/A | 41.5 | 19/09/2022 | Tencent |
| Well-link Technologies | Cloud gaming service provider | Media | China | B2 | 40 | 26/09/2022 | Xiaomi, MiHoyo; Temasek (lead), Future Capital, CDH Investments (CDH Venture), Growth Capital |
| Sanity Group | Cannabinoid therapeutic and cosmetic product developer | Healthcare | Germany | B | 37.6 | 27/09/2022 | British American Tobacco; Redalpine, Casa Verde Capital |
| Monese | Digital banking services provider | Financial | UK | N/A | 35 | 19/09/2022 | HSBC (HSBC Ventures) |
| M2P | Financial infrastructure provider | Financial | India | C1 | 4 | 26/09/2022 | Visa; DMI Finance (DMI AIF), Utsav Somani Investments |
| Thriday | SME-focused financial management platform | Financial | Australia | A | 3.9 | 26/09/2022 | National Australia Bank (NAB Ventures) (lead); Lempriere Capital |
| Section L | Long stay hotel operator | Services | Japan | Pre-A | 1.7 | 27/09/2022 | Tohka, Digital Garage Group (DG Incubation), Profitz |
| Ubiden (WeCharge) | Electric vehicle charging service | Transport | Japan | A | N/A | 27/09/2022 | Orix Corporation |
