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Procter and Gamble produces India fund

The Indian subsidiary of the consumer goods conglomerate has set up a $27.9m vehicle to invest in sustainable technology developers.

Circulate Capital secures $106m

Circulate Capital aims to cut ocean plastic pollution and has lured corporates including Chevron Phillips, PepsiCo, Coca-Cola, Dow Chemicals, Danone, Unilever and Procter and Gamble to its fund.

Harlem Capital hooks CTA for oversubscribed…

Consumer Technology Association is among the LPs in the first fund raised by the diversity-focused venture firm, which has closed at an oversubscribed $40.3m.

Carmakers pull into May Mobility’s $50m series B
Autonomous bus fleet operator May Mobility secured the return of Toyota AI Ventures and BMW i Ventures to bring its overall funding to $84m.
Lightning Systems motors to $41m
The electric powertrain manufacturer has secured $41m in equity, debt and working capital in a round led by corporate venturing unit BP Ventures.
Newlinks connects to Nio for $110m round
EV charging services provider Newlinks Technology Group secured funding in a Nio Capital-backed series C round that took its overall funding to more than $237m.
Impossible Foods to cook up $400m round
Plant-based burger manufacturer Impossible Foods is hoping to more than double its current valuation of $2bn, having already raised some $750m from investors including GV.
Hubert Burda returns as Vinted raises $141m
The second-hand clothing marketplace is now valued at $1.1bn, having raised money from backers including Burda Principal Investments.
EDF arms KarmSolar with funding
KarmSolar has raised an amount previously reported to be up to $25m from EDF's renewable energy subsidiary as part of the latter's North African push.
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