AAA Deal roundup: Aspire asserts itself with $100m series C

Deal roundup: Aspire asserts itself with $100m series C

Woman Writing on a Notebook Beside Teacup and Tablet Computer
Woman Writing on a Notebook Beside Teacup and Tablet Computer

Funding

Singapore-based neobank operator Aspire has raised $100m in a series C round featuring MassMutual Ventures and PayPal Ventures, the corporate venturing arms of corporates MassMutual and PayPal. Lightspeed and Sequoia Capital SEA co-led the round, which included LGT Capital Partners and Picus Capital.

CompanyCompany descriptionSectorCountryRoundRound size($m)Deal dateInvestors
TaurusDigital asset infrastructure developerITSwitzerlandB6513/02/2023Credit Suisse (lead), Deutsche Bank, Cedar Mundi Ventures, Pictet Group
CerevanceCNS novel therapeutics developerHealthcareUSB51 (updated)13/02/2023Alphabet (Google Ventures), Takada Pharmaceuticals (Takeda Ventures), UPMC (UPMC Enterprises); Gates Frontier, Dementia Discovery Fund, Foresite Capital, Lightstone Ventures, Dolby Family Ventures
eMoBiElectric tuktuk developerTransportJapanPre-seed3014/02/2023Digital Garage (Open Network Lab’s Earthshot Fund); unnamed angel investors
MyinvestorNeobank operatorFinancialSpainN/A16.114/02/2023Andbank, El Corte Inglés Seguros, Axa Spain
TracksuitBrand tracking and marketing platform MediaNew ZealandSeed4.613/02/2023Ascential; Blackbird Ventures (lead), Icehouse Ventures, Shasta Ventures, Mark Ritson
Quino EnergyWater-based organic flow battery technologyEnergyUSSeed1.2513/02/2023Doral Group (Doral Energy Tech Ventures), Tecpetrol (TechEnergy Ventures); Energy Revolution Ventures, Anri
IndronesDrone solutions software providerIndustrial IndiaN/A<1 ($844,977)13/02/2023MapmyIndia
CrisprBitsAffordable gene editing technology companyHealthcareIndiaPre-Seed<1 ($250,000)13/02/2023VJ Group
AcallWorkstyle design platformITJapanB extensionN/A14/02/2023Mitsubishi UFJ (Mitsubishi UFJ Capital)
SolairoAI-equipped customer service platformServicesJapanN/AN/A14/02/2023Commerce One Holdings

By Edison Fu

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