AAA Deal roundup: Anthropic arrives at $300m

Deal roundup: Anthropic arrives at $300m

White and Blue Robot Toy on Blue String Lights
White and Blue Robot Toy on Blue String Lights

Public markets

UBTech Robotics Corp, a China-based humanoid robot manufacturer backed by corporates Tencent, Telstra, Haier Group, Easyhome Furnishings, Chia Tai Group, China General Nuclear, Anhui USTC iFlytek and CreditEase, has filed for an initial public offering on the Hong Kong Stock Exchange. The company was valued at $5bn as of its $820m series C round in 2018.

Funding

Internet technology conglomerate Alphabet’s Google subsidiary provided $300m in financing for US-based artificial intelligence technology developer Anthropic in late 2022, according to media reports. The deal gave Google a 10% stake and Anthropic revealed it has chosen Google Cloud as its preferred cloud services provider.

CompanyCompany descriptionSectorCountryRoundRound size($m)Deal dateInvestors
PhaBuilder SyntheticSynthetic microorganism material producerIndustrialChinaA89.7 (updated)06/02/2023PetroChina (CNPC Kunlun Capital) (lead), Sino Biological; Lhasa Alec Investment Consulting, Ministry of Finance (China Agricultural Industry Development Fund), China State-owned Enterprise Mixed Ownership Reform Fund, Z&H Investment, Shenzhen Guozhong Venture Capital Management, Sequoia Capital China, Huakong Electronics (Tianjin) Investment Management, GRC SinoGreen Fund, Beijing Linkong Xingrong Investment
Thinkre New MaterialHydrogen battery proton material developerEnergy and Natural ResourcesChinaC35.406/02/2023BAIC (BAIC Capital), Great Wall Motor (FTXT Energy Technology), Yutong Bus; Sequoia Capital China (lead), Genertec Investment, Bridge Capital, Yingding Investment, Roton Capital, Sihai New Material Investment Fund Management
Triple WhaleEcommerce analytics software providerConsumerUSB2502/02/2023Shopify; NFX, Elephant
SamoohaCross-cloud data collaboration platformITUSA12.502/02/2023Snowflake (Snowflake Ventures); Altimeter Capital (lead)
PenpotDeveloper-focused collaboration platform developerITSpainN/A1202/02/2023Cisco (Decibel) (lead); Athos
AnswersNowDigital behavioural therapy providerHealthcareCanadaA1102/02/2023American Family Insurance (American Family Insurance Institute for Corporate and Social Impact); Left Lane Capital (lead), Blue Heron Capital, Difference Partners, Lani Fritts
BloomXBiomimicking pollination technology developerIndustrialIsraelSeed802/02/2023Ahern Agribusiness (lead), BioBee; Vasuki Global Tech Fund, Israeli Innovation Authority, Gal Yarden
PowerXPower storage and transmission technology developerEnergy and Natural ResourcesJapan5.706/02/2023Food Techno Engineering; MY.Alpha Management HK Advisors, Chugoku Bank (Chugin Capital Partners), unnamed private investors
My NFT WarsWeb3 gaming metaverse developerMediaUkraineN/A204/02/2023Social Discovery Group (co-lead), Blockchain Cuties Universe (co-lead), iLogos Game Studios (co-lead); Nika Tech Family, Blackshield Capital, Wannabiz, Fedor Drozdovski, Potap (Alex Potapenko), Vinor Zukhubaia
InkleUS tax compliance serviceFinancialIndiaN/A1.506/02/2023Credit Saison (Saison Capital); Picus Capital, Force Ventures
OocaMental health teleconsultation platformHealthcareThailandAN/A06/02/2023Bangkok Dusit Medical Services
PathifyUniversity student engagement platformServicesUSN/AN/A02/02/2023Brex (Brex Asset Management)
Ak’la Kara InternationalTurkish dubbing studio operatorMediaTurkeyN/AN/A03/02/2023Iyuno

By Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.