💰Global Impact Deals #10
Happy Monday 👋
This week’s edition dives into the latest funding deals and groundbreaking advancements shaping the global impact landscape. From robotrucks to network security, discover the key transactions and trends making waves in Education, Climate, Health, and Technology.
⛏️ Deal of the Week: KoBold Metals, a California-based AI-driven mineral exploration company, raised a $537M Series C from Durable Capital Partners and T. Rowe Price.
What's New?
📚 Education. Growth academies
🌍 Climate. Mineral exploration, robotrucks, and logistics
🏥 Health. Anti-inflammatory fibers, and plant-based peptides
💻 Technology. Product insertion, network security, and workflow
📚 Education
📖 NumberOne Academy, an Indian-based business growth academy that focuses on empowering SME entrepreneurs, raised a $351K Pre-seed, The proceeds will be used to expand its suite of business courses in Hindi and other regional languages.
🌱 Climate
⛏️ KoBold Metals, a California-based AI-driven mineral exploration company, raised a $537M Series C from Durable Capital Partners and T. Rowe Price to support exploration across five continents and the development of a major copper deposit in Zambia.
🚚 DeepWay, a Chinese robotruck startup raised a $102M Series B from Qiming Venture Partners to advance its autonomous trucking technology.
📦 Shiprocket, an Indian logistics startup, raised $25.7M from US-based VC firm KDT Ventures to expand its operations.
🏥 Health
🌿 Nuritas, an Irish AI startup, raised a $42M Series C from M&G Investments to scale its AI platform for discovering plant-based peptides.
🌱 One Bio, a company advancing technology to extract anti-inflammatory fibers from plants, raised a $27M Series A from Alpha Edison to expand operations
💻 Technology
🤖 Rembrand, a California-based AI virtual product insertion company, raised a $23M Series A, The company intends to use the funds to expand and accelerate growth.
🔒 Apheris, a Belgium-based network security provider for deep learning, privacy, biomedical data, NLP, and data harmonization, raised a $20.8M Series A, The company intends to use the funds to expand operations and its development efforts.
📉 Boon AI, a California-based AI-powered workflow platform, raised a $20.5M Series A, The company intends to use the funds to grow its engineering and go-to-market (GTM) teams over the next 18 months.
Thank you for reading. Have a great week ahead!
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