Our weekly review of the best sustainable startup deals from November 14th features many interesting startups. The spotlight, however, is for one of the largest series a round for cell-based meat, a company focused on women’s health, and a very large deal from an EV company from China.
Combined startups from this week raised more than $880M, which is a record for this weekly series. Would you like to learn more about these deals and the other from this week? Let’s review them together
Sustainable startup deals – November 14th
Monday – Vow Food
Sydney-based startup Vow raised $49.2M in one of the largest series A rounds in the cultivated meat sector. The main investors in this round include VC Blackbird and Prosperity 7 Ventures. Toyota Ventures, Square Peg, and others joined too. The capital raised will be used to develop new products, expand the team and open a second factory.
It was a busy week for Vow. The company also launched its first product brand, Morsel in Singapore. This will be first available in selected restaurants in the city.
This week, we officially launched Vow's first brand, Morsel, a celebration of cultured meat created in partnership with international culinary artists.
— Vow (@itsjustvow) November 18, 2022
Tuesday – ifeel
Madrid-based healthtech startup ifeel raised $10M to expand its mental health services for employees. Investors in this round include UNIQA Ventures, with the participation of Nauta Capital.
ifeel provides a mental health platform for companies and employees. Offering this kind of service does not just benefit employees that can speak with certified therapists or complete general surveys about their mental health and well-being, it could benefit companies too. Managers will be able to understand better how their employees feel and the general mood in the company. After the beginning of COVID, a lot more attention has been put on employees’ mental health, and ifeel platform could find quite a large market.
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Wednesday – BeatO
Indian-based healthtech platform BeatO raised $33M. The round was led by Lightrock India with participation from Flipkart Ventures and Healthquad. The company offers a platform that helps control diabetes. India is home to over 70 million people affected by diabetes, and BeatO offers several services that could help them. First of all, it can connect patients with doctors and experts for consultation. It can also provide data thanks to its glucometers that can be very easily connected to smartphones.
The BeatO glucometers are incredibly small and they come with a full kit that helps check patients’ blood. Thanks to BeatO monthly plans, patients will be also able to save quite a lot on their medical expenses.
Thursday – Maven
Maven raised $90 million this week. This round was led by General Catalyst with CVS Health Ventures, Intermountain Healthcare’s VC arm, and La Famiglia. The company that focuses on women and family health has seen serious growth in the last year.
It was not just because of COVID. The recent Roe V. Wade decision by US Supreme Court drew even more attention to Maven. There are millions of people in the US who have limited access to OB-GYN doctors. For them, this platform is a great opportunity to access experts. There are already 15 million users on Maven and the company is already partnering with large companies like Microsoft.
When it comes to delivering the care women & families need, the stakes have never been higher. Today we announced a $90 million Series E to continue to deliver on our mission.
— Maven Clinic (@mavenclinic) November 14, 2022
Friday – Voyah
The largest deal from this week – November 14th is from China. Chinese EV startup Voyah announced it completed a $700M round this week. The company is the EV subsidiary of the Chinese giant carmaker company, Dongfeng. The round was led by Mixed Reform Fund. Sunwoda Electronic and Ganfeng Lithium joined too.
Voyah is a premium EV automaker and since its launch in 2020 is selling two models: an SUV and a minivan.
Editor’s Note: The opinions expressed here by Impakter.com columnists are their own, not those of Impakter.com –In the Featured Photo: The stock market fluctuating. Photo credit: Unsplash.