Envision Group’s Envision Digital subsidiary raised $210m in series A funding while Sarnoff Corporation’s Intuity Medical spinoff will shut down at the start of July.

Biren Technology helped provide $120m for CPU producer HJ Micro while ArcelorMittal is set to invest $100m a year through its XCarb Innovation Fund and Accelerator Programme.

SoftBank Vision Fund 2 and Porsche were among the investors in a late-stage round indicating the need for additional cashflow as new vehicle developers see the public markets shut off.

Orphan CNS therapy developer Minoryx Therapeutics closed a $54.8m series C and MIT's The Engine co-led a $10.5m seed round for Foundation Alloy.

Evotec has bought University of Modena and Reggio Emilia spinout Rigenerand for $24.7m.

ZGT has raised $48m from Tsinghua Holdings Capital, CAS Star and others, while University of Cambridge spinout Colorifix has pocketed $22.7m.

Every day, Global Corporate Venturing rounds up the news from across the corporate innovation ecosystem.

Every day, Global Corporate Venturing rounds up the news from across the corporate innovation ecosystem.

The Global University Venturing deal net rounds up the smaller investments from across the university innovation ecosystem.