Siemens and Volkswagen provided $450m for the latter's Electrify America subsidiary while Leaps by Bayer helped push ReCode Therapeutics‘ series B round to $200m.

Funds

Japan-headquartered advanced materials producer Mitsubishi Chemical Holdings Group (MCHG) has teamed up with innovation platform Plug and Play Japan to form a startup challenge scheme dubbed Tanamin Digital Health Challenge, which will be formally launched in July this year. MCHG and Plug and Play Japan will accept submissions from digital healthcare technology developers working on areas including amyotrophic lateral sclerosis patient treatment, decentralised clinical trial digitalisation and preventative vaccination development. Finalists will have the opportunity to conduct a…

Edison Fu

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