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 ($27.3m) to invest in digital technology developers, Bangkok Post has reported. The deals will be conducted through a specialised fund dubbed Finnoverse which was formed last month and which will operate until 2024, according to KFIN managing director Sam Tanskul. Funding CompanyCompany descriptionSectorCountryRoundRound size($m)Deal dateInvestorsDelfi DiagnosticsCancer biopsy test developerHealthcareUSB22518/07/2022Eli Lilly, Allianz (AV8 Ventures), Illumina (Illumina Ventures); DFJ Growth (lead), Point72, Brown Advisory, Point Field Partners, Initiate Ventures, Open Field Capital, PTX Capital, Cowen Healthcare Investments, Foresite Capital, Menlo Ventures, OrbiMed, T Rowe Price, Northpond Ventures, Samsara BioCapital, Rock Springs Capital, Osage University Partners, Windham Venture PartnersTier IVAutonomous driving software developerTransportJapanB87.819/07/2022Sompo Holdings, Yamaha Motor, BridgestoneForSight RoboticsCataract surgery technology developerHealthcareIsraelA5518/07/2022Adani Group (lead); Eclipse Ventures, Mithril Capital, Provenio Capital, Precision Capital, Reiya Ventures, Ljungstrom family officeAnyMind GroupChat-based e-commerce platform developerConsumerJapanN/A36.319/07/2022Mitsubishi UFJ (Mitsubishi UFJ Capital), Japan Post (JP Investment), Proto (Proto Ventures); Growth Capital of Japan, JIC Venture Growth Investments ($29m in equity funding); Mizuho Bank ($7.3m in debt financing)Hua Kong TsingJiao Database software producerITChinaB29.618/07/2022Fosun (Fosun Capital); Huazhi Capital, CAS Investment, Ultrabuttonwood Capital, Guoke Zhengdao Investment, Greater Bay Area Homeland (Greater Bay Area Homeland Development Fund), Galaxy Capital, China Prosperity CapitalMeowCorporate -focused cryptocurrency investment platformFinancialUSA2218/07/2022FTX; Tiger Global (lead), QED InvestorsHeartrate Web3 exercise and sleep wellness appHealthcareChinaSeed1014/07/2022CryptoGraph; Crypto Capital, Chainup Capital, Bitwhale Capital, Vega Ventures, Lancer Capital, AP Capital, Impossible Research, K24 Ventures, UZ Capital, Matter VenturesRefundidInstant refund provider for online purchasesFinancialAustraliaSeed8.218/07/2022Salesforce (Salesforce Ventures) (lead); Touch VenturesPodcastOnePodcast management platform developerMediaUSN/A8.115/07/2022LiveOne; undisclosed othersEmpiric Network Smart contract technology developerFinancialUKN/A715/07/2022Alameda Research, Gemini, Flow Traders, Capital Markets Trading (CMT Digital), Jane Street, StarkWare; Variant (lead), Sandeep NailwalRevterra CorporationGrid-stabilising kinetic battery developerEnergy and Natural ResourcesUSA619/07/2022Equinor (Equinor Ventures) (lead), SCF Technologies (SCF Ventures)RexVeterinary services providerConsumer GermanyN/A5.118/07/2022Vorwerk (Vorwerk Ventures) (lead); Picus Capital, Calm/Storm, Vlad Lata, Julian Kley, Florian Seubert, Simon Bolz, Simon LorenzShiftbaseOnline Web3 engineer community MediaJapanSeed2.219/07/2022Culture Convenience ClubKitchHikeRegional economy-focused digitalisation serviceServicesJapanN/AN/A19/07/2022Giftee

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Edison Fu

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