Volkswagen and Ingka Group helped Northvolt secure over $1bn while Dai-ichi Life has led a $120m series C for YuLife.

Funds US-based identity authentication technology provider Ping Identity formed a $50m corporate venture capital subsidiary last month called Ping Ventures. The unit has already invested in access control system developer Allthenticate. US-based cryptocurrency and encrypted message platform developer Mask Network has formed a $42m corporate venture capital arm dubbed Bonfire Union Ventures, TechCrunch reported yesterday.…

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