Alkem participated in a $50m round for its Enzene spinoff while Schlumberger took part in The Exploration Company’s $43.6m series A.

Funds Canada-based venture capital firm Radical Ventures has raised most of the capital for its C$550m ($373m) fund, from backers including media group Advance Publications. Financial services firm Toronto-Dominion Bank also contributed, as did Canada Pension Plan Investment Board and Public Sector Pension Investment Board, Temasek, Geoffrey Hinton and Fei-Fei Li. US-based, climate risk-focused venture…

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