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Nature's Fynd unearths $80m

The edible protein developer has rebranded from Sustainable Bioproducts and received series B funding from investors including existing backers Danone and Archer Daniels Midland.

Alphabet-backed meat substitute provider Impossible said it plans to use the series F funding to shore up against expected disruption by the coronavirus pandemic.

Yuanfudao looks to yield $7.5bn valuation

Tencent is reportedly set to co-lead a round for online education platform Yuanfudao with an original target size of $1bn and a rumoured $7.5bn valuation.

Mastercard backs $125m Covid-19 accelerator
Covid-19 Therapeutics Accelerator has launched with $125m to find treatments for the pandemic, $25m of which came from Mastercard.
Carbon capture tech pioneer offers hope
The United Nations-backed Intergovernmental Panel on Climate Change (IPCC) has previously estimated the world will need to remove an average of 10 gigatons –10 billion tons – of carbon dioxide (CO2) a year from the atmosphere by 2050.
Enagás energises $170m joint venture fund
The Spain-based energy utility is set to contribute approximately $23m to the vehicle, which will invest in renewable energy technology developers.
Neolix achieves Leading Ideal investment
The driverless delivery vehicle developer has added $28.8m to its coffers, the round being led by electric carmaker and existing backer Leading Ideal.
Snapask gets a $35m answer
The mobile tutoring platform developer, a graduate of Singapore Press Holdings' SPH Plug & Play Accelerator, plans to now expand geographically.
Allianz gets on CityScoot in new round
Returning investor RATP Capital Innovation and long-term insurer Allianz France both participated as the moped rental platform raised $25.5m.
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