The largest this week:
🇫🇷 Back Market - an online marketplace for refurbished product - raised a $510 Growth Equity at a $5.7B valuation from Sprints Capital. Back Market is now France’s most valuable impact startup. The company raised over $1.0B in venture funding and reached the unicorn status in May 2021 with a publicly-disclosed valuation of $3.2B.
🇺🇸 MycoWorks - a biotech company that makes fungi-based fabrics - raised a $125M Series C round from Prime Movers Lab, SK Networks, and Mirabaud Asset Management. We mapped other five fungi startups that also operate in the fashion space: BOLT Threads, zvnder, Nat 2, Polybion, MycoTEX. You can find our full deep dive on fungi startups here.
🇨🇳 Starfield - a producer of plant-based meat - raised a $100M Series B round Matrix Partners, Lightspeed China Partners, Primavera Capital Group, Joy Capital, and Sky9 Capital.
Other notable impact deals:
🇺🇸 Ubiquitous Energy - a startup that produces an innovative coating material for building - raised a $30M Series B round from Hostplus, Red Cedar Ventures, Riverhorse investments and other investors.
🇮🇳 EVage - a startup producing electric vehicles - raised a sizeable $28M Seed round from RedBlue Capital.
🇺🇸 Bluon - a company that makes a mobile app for HVAC technician - raised $27.6M in Series B funding from Ecosystem Integrity Fund, MKB, Ferguson Ventures, and SuperSeed Ventures.
🇩🇰 Monta - an EV charging software platform - raised €15M in Series A funding from Creandum, Headline, Pirate Impact, Pale Blue Dot, VF Ventures, ByFounders, and Jeppe Rindom. Monta mora than doubled its headcount since May (30) to over 80 people today.
🇬🇧 Responsible - a retail platform for refurbished clothes - raised a $6.4M Seed round from Barclays, Sarah Friar, Rafal Brzoska, and TechStart Ventures.
🇸🇬 Carb0n.fi - a DeFi platform for carbon offset exchange - raised a $600K Seed round from Antler, Owl Ventures, BlockSeed Ventures, Cryptofomo, and Lancer Capital. Interested in crypto x climate? Together with Lorenzo Chiavarini, FinTech specialist a dealroom, we will provide a dedicated deep-dive.
Read up on all the latest impact deals in Dealroom.co
Notable exists:
🇬🇧 Zeigo - an online platform that connects corporates with renewable energy projects - was acquired by Schneider Electric.
🇺🇸 Carbon Insights - a company that translates spending behaviour into carbon footprint - was acquired by Aspiration, the sustainable challenger bank.
🇺🇸 Classy - A social enterprise that helps nonprofits maximize their impact through a suite of world-class online fundraising tools - was acquired by GoFundMe..
