Corporate-backed VC deals fell just 2% in 2022 vs a 25% fall for venture capital overall. A record number of new corporate funds were created.

Sanofi's strategic investment arm received a top up from its pharmceutical parent in a week when it led an $80m round for its latest portfolio company.

Following the departure of Caroline Dreyer last autumn, SATT Conectus has now brought in Marc Gillmann as its new head.

Today, 1.3 million people die each year because of antimicrobial resistance, a figure that could increase to 10 million by 2050 — Strathclyde’s Microplate Dx hopes to prevent that.

Maria Emilie Danø Hoffman has become the energy company’s director and head of global ventures and open innovation.

Andy Naylor has left Nottingham Technology Ventures after five years as chief executive to become an investment director for Northern Gritstone.

Aleks Engel, a Novo partner and Repair Impact Fund director, will work with the firm’s bioindustrial team to accelerate sustainability.

Alexis Dormandy has reportedly been “forced out” and left the university venture fund shortly before Christmas.

Venture capital has poured into the cleantech sector over the past couple of years. Concerns are growing that startups may not be able to scale into viable companies that generate expected returns.

The $200m fund invests in early-stage startups in energy, building materials, food and manufacturing.