M&A
Decentralised gaming platform The Sandbox acquired Sviper, a Germany-based mobile game developer backed by media company Modern Times Group (MTG), for an undisclosed amount. MTG led a $2.8m series A round in 2019 that took the company’s overall funding to $4.3m.
Funding
India Digitization Fund, which is managed by internet technology conglomerate Alphabet’s Google subsidiary, has invested $5m in India-based brokerage-free property listings platform NoBroker, taking its series E round to $215m. Tiger Global Management, Moore Strategic Ventures and General Atlantic all took part in the round’s first tranche in late 2021.
| Company | Company description | Sector | Country | Round | Round size($m) | Deal date | Investors |
|---|---|---|---|---|---|---|---|
| Chroma Medicine | Genomic medicine and epigenetic editing technology provider | Healthcare | US | B | 135 | 01/03/2023 | Alphabet (GV) (lead), Alexandria Real Estate Equities (Alexandria Venture Investments); Arch Venture Partners, DCVC Bio, Mubadala Capital, Sixth Street, Atlas Venture, Casdin Capital, Cormorant Asset Management, Janus Henderson Investors, Newpath Partners, Omega Funds, Osage University Partners, Sofinnova Partners, T Rowe Price, Wellington Management |
| Paratus Sciences | Developer of bat research-based drug discovery platform | Healthcare | US | A | 100 | 27/02/2023 | Bayer (Leaps by Bayer), Alexandria Real Estate Equities (Alexandria Venture Investments); Polaris Partners (co-lead), Arch Venture Partners (co-lead), ClavystBio, EcoR1 Capital |
| Divert | Food preservation and waste management technology developer | Consumer | US | N/A | 100 | 01/03/2023 | Enbridge (lead); Ara Partners |
| SiEngine | Automotive semiconductor producer | IT | China | A | 72 | 01/03/2023 | Yuexiu Enterprises (Yuexiu Fund) Haier (Haier Capital); Tedra Venture Capital, SPD Bank (SPDB International Holdings), Wuhan S&T Investment Company, Tongxi Capital, Grandsyn Capital, Vision Knight Capital |
| Oricell | Tumour-targeted cellular immunotherapy developer | Healthcare | China | B1 | 45 | 28/02/2023 | Xiamen C&D (C&D Emerging Industry Equity Investment); RTW Investments (lead), Qatar Investment Authority, Qiming Venture Partners |
| LayerX | Expense settlement software and corporate credit card provider | Financial | Japan | N/A | 40.2 | 28/02/2023 | Mitsui & Co, Z Holdings (Z Venture Capital), GMO (GMOVenture Partners), Mitsubishi UFJ (Mitsubishi UFJ Capital), Mitsubishi Estate (Bricks Fund Tokyo); Anri, All Star SaaS Fund, Jafco, Spiral Capital, Dawn Capital |
| BlocPower | Provider of decarbonisation technology for urban buildings | Energy and Natural Resources | US | B | 24 | 01/03/2023 | Microsoft (Microsoft Climate Innovation Fund); VoLo Earth Ventures (lead), Credit Suisse, Goldman Sachs, Builders Vision, New York State Ventures, Unreasonable Collective, Kimbal and Christiana Musk, Gaingels, Van Jones, Kapor Capital, My Climate Journey, Tale Venture Partners, Russell Westbrook |
| Quantifind | Producer of detection and risk management software for financial crime | Financial | US | N/A | 23 | 02/03/2023 | Citi (Citi Ventures); DNS Capital (lead), US Venture Partners, Valor Equity Partners, S&P Global |
| Hexa | 3D asset visualisation and management software provider | Media | Israel | A | 20.5 | 01/03/2023 | HTC; Point72 Ventures (lead), Samurai Incubate, Sarona Partners |
| Jump | Fan ticketing services provider | Consumer | US | N/A | 20 | 01/03/2023 | MetaLab, DraftKings (Drive by DraftKings); Forerunner Ventures (lead), Courtside Ventures, Will Ventures, Mastry Ventures |
| DeepUll | Sepsis diagnostics technology developer | Healthcare | Spain | N/A | 18 (updated) | 01/03/2023 | Werfen; Banco Sabadell/Asabys Partners (Sabadell Asabys Healthcare Innovation Investments II), Spanish Ministry of Science and Innovation’s Centre for the Development of Industrial Technology (Innvierte), Kurma Partners, Alta Life Sciences, UI Investissement, Instituto de Crédito Oficial (Axis Participaciones Empresariales) |
| Edurino | Children’s hybrid learning platform | Services | Germany | A | 11.1 | 02/03/2023 | Tengelmann (Tengelmann Ventures); DN Capital (lead), FJ Labs, Btov Partners, Jens Begemann, Emerge Education |
| Savant Labs | Data analyst-focused automation platform developer | IT | US | Seed | 11 | 01/03/2023 | Bloomberg (Bloomberg Beta); Cota Capital (lead), WestWave Capital, Uncorrelated Ventures, Handshake Ventures, unnamed angel investors |
| Mangrove DAO | Decentralised finance exchange | Financial | US | A | 7.4 | 28/02/2023 | DRW Trading (Cumberland) (co-lead), Capital Markets Trading (CMT Digital Ventures); Greenfield Capital (co-lead), Gumi Cryptos Capital, Wintermute Ventures, QCP Soteria Node, Monday Capital, Noia Capital, Zeeprime, Atka Capital, Stake Capital |
| Impossible Cloud | Decentralised multiservice cloud platform | IT | Germany | Seed | 7.4 | 01/03/2023 | Protocol Labs; HV Capital (co-lead), 1kx (co-lead), TS Ventures, Very Early Ventures |
| Velotric | Electric bicycle producer | Transport | US | A | 7.4 | 01/03/2023 | Fosun (Fosun RZ Capital); Redpoint China Ventures, Uphonest Capital, Brad Bao, Toby Sun |
| Desana | Hybrid workspace software provider | Services | UK | N/A | 7.4 | 01/03/2023 | JLL (JLL Spark Global Ventures) (co-lead); PropTech1 Ventures (co-lead), Techstart Ventures, BGF, Groundbreak Ventures |
| Crstl | Developer of no-code electronic data interchange software | IT | US | Seed | 4.4 | 28/02/2023 | Harizury; Mastry Ventures (lead), Village Global, Alumni Ventures, SuperAngel VC, Mensch Capital Partners, On Deck |
| Secfix | Cybersecurity compliance and automation platform | IT | Germany | Seed | 3.8 | 01/03/2023 | Commerzbank (Neosfer); Octopus Ventures (lead), unnamed individual and existing investors |
| Resi Design | Homeowner-focused architectural design provider | Services | UK | N/A | 1.2 | 01/03/2023 | ITV |
| The Fler | Hair removal product brand | Consumer | Italy | N/A | <1 ($400,000) | 24/02/2023 | Loop; Bonsai Ventures |
| Carro | Used car marketplace | Transport | Singapore | N/A | N/A | 28/02/2023 | ZA Tech Global |
| Certificial | Provider of business insurance monitoring technology | Financial | US | N/A | N/A | 28/02/2023 | Apexanalytix |
| Synprogen | DNA synthesis technology developer | Healthcare | Japan | N/A | N/A | 02/03/2023 | Sojitz |
| EUV Tech | Semiconductor manufacturing-focused metrology equipment producer | Industrial | US | A | N/A | 01/03/2023 | Intel (Intel Capital) (lead) |
| Chloris Geospatial | Developer of spatial sensor fusion technology | Industrial | US | Seed (ext.) | N/A | 01/03/2023 | Axa (Axa Investment Managers) (co-lead), Orbia (Orbia Ventures) (co-lead); At One Ventures, Counteract |
