Web3 services provider Venly and genomic analysis technology provider Genome Insight each raised $23m while Rui Ye Lian helped Cedarlake Capital close a $189m fund.

Schneider Electric, iRobot and Telus Ventures contributed to a series C round for the energy monitoring system developer.

Migdal and Menora Mivtachim helped renewable energy infrastructure developer Fu-Gen with fresh funding which will help expand its operations in the UK and Finland. This is a deal from the renewable energy space, which continues to see much momentum in the context of energy transition.

BP Ventures was among the participants in a round reportedly valuing the EV charging network and technology developer at $525m.

Call centre software producer Replicant closed a $78m series B round backed by Salesforce Ventures while Ashvattha Therapeutics raised $69m from investors including strategic partner Huadong Medicine.

Kaloyan Andonov spoke to Anil Achyuta, investment director of TDK Ventures – the venturing arm of the Japan-based materials group TDK – about the role of advanced materials in decarbonisation, electrification, 3D printing and battery recycling

Sector report: energy Q1 2022

Global Energy Council Q2 2022 editorial by James Mawson, editor in chief, Global Corporate Venturing

Corporate-backed medical imaging technology producer Lunit is preparing to float in South Korea while cancer drug developer Pheast secured $76m from investors including Alexandria Venture Investments.

Migdal and Menora Mivtachim helped supply the renewable energy infrastructure developer with fresh funding which will help expand its operations in the UK and Finland.