Eli Lilly and Illumina took part in liquid biopsy developer Delfi Diagnostics' $225m series B round while Sompo, Yamaha Motor and Bridgestone invested $87.8m in driverless vehicle software provider Tier IV.

Funds

Japan-based pharmaceutical firm Ono Pharmaceutical announced today that it has formed a corporate venture capital fund of undisclosed size called Ono Digital Health Investment to invest in developers of healthcare and pharmaceutical technologies. The company already has a CVC scheme in place dubbed Ono Venture Investment, which was launched in the United States in mid-2020.

Financial services firm Bank of Ayudhya’s corporate venturing arm, Krungsri Finnovate, has set aside THB1bn ($27.3m) to invest in digital technology developers,…

Edison Fu

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