NextEra Energy, SK and Mitsubishi Heavy Industries America were part of a $300m round for Monolith while Superscrypt helped Safe secure $100m.

Fund

Japan-headquartered consumer electronics manufacturer Panasonic has teamed up with SBI Investment, a subsidiary of financial services provider SBI Holdings, to form an ¥8bn ($57.7m) corporate venturing vehicle called PC-SBI Investment Limited Partnership. Also known as Panasonic Kurashi Visionary Fund, it will back developers of lifestyle, energy, food and spatial infrastructure technologies based in Japan and elsewhere.

M&A

Educational programme provider African Leadership Group has agreed to acquire Holberton, the US-based provider of an online learning…

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Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.