Fundz

Indonesia’s Sinar Mas Group To Invest $200M In Digital Wallet Dana

PUBLIC · DANMar 02, 2022

Amount Raised

$200 Million

Round Type

Funding Round

MaumeeManufacturingInformation TechnologySustainabilityNatural ResourcesFinancial ServicesE CommerceFashionRetailFintechLifestyleAutomotive

Description

An affiliate of Indonesia’s diversified conglomerate Sinar Mas Group is set to invest $200 million in the local digital wallet DANA, according to a regulatory filing. The move is part of the company’s effort to expand its digital business.

Quick answer

Dana Holding raised $200 Million in a Funding Round round, dated March 2, 2022. Dana Holding is based in Maumee, Ohio, United States.

How much did Dana Holding raise?
Dana Holding raised $200 Million in a Funding Round round on March 2, 2022.
What does Dana Holding do?
Dana Holding Corp. is a leading global provider of powertrain solutions.
Where is Dana Holding based and how big is it?
Dana Holding is based in Maumee, Ohio, United States. Fundz records about 40,000 employees.
Who are the decision-makers at Dana Holding?
Fundz holds 1 contact at Dana Holding, including the Director of Administration. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Sustainability and Natural Resources around the same time

Companies in the same sectors as Dana Holding that raised within 45 days of this round, from Fundz verified event records.

  • ADOREME, INC. raised $43M on March 14, 2022.
  • Titan raised an undisclosed amount (Funding Round) on April 6, 2022.
  • CAIS raised $100M on April 6, 2022.
  • LG Energy Solution Ltd raised $1.4B on March 24, 2022.
  • Olivela raised an undisclosed amount on March 11, 2022.
  • DICK's Sporting Goods raised $880K (Seed) on March 8, 2022.

Who to call at Dana Holding, and when

A new round usually means Dana Holding is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Dana Holding

Location

Maumee, Ohio, United States

About

Dana Holding Corp. is a leading global provider of powertrain solutions. The company specializes in transmissions, clutches, and torque control products. Dana focuses on both traditional and electric vehicle markets. It aims to enhance margins through a balanced portfolio and significant synergies.

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Related People

1 contact
Verified contactsKarem M., Director of Administration hiddenSee plans and pricing
Predictive Intelligence
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Dana Holding raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.