Managing director Meredith Shields tells Global Venturing the bank's $200m impact investment vehicle is drawing up new investment frameworks as it prepares for its next phase.

Eli Lilly and Illumina took part in liquid biopsy developer Delfi Diagnostics' $225m series B round while Sompo, Yamaha Motor and Bridgestone invested $87.8m in driverless vehicle software provider Tier IV.

Ore Adeyemi left HSBC’s corporate venturing unit to start a new firm with two other HSBC colleagues.

Flow Traders Capital is equipped with over $50m and will invest in digital asset and financial infrastructure technology for its market maker parent.

NextEra Energy, SK and Mitsubishi Heavy Industries America were part of a $300m round for Monolith while Superscrypt helped Safe secure $100m.

Sam Harrison and Banafsheh Fathieh are leading Lightspeed Venture Partners' newly launched Faction team having come from Blockchain.com and Prosus respectively.

Klarna's 83% drop in valuation to $6.7bn is the most visible harbinger of a buy now, pay later sector suffering from defaults and competition - some from the same corporates investing there.

DeNA and Seibu Holdings helped Allm raise $180m, while several corporates are exiting ViaCyte in a $320m acquisition.

The number of crypto and token funding rounds is still climbing but the overall volume of capital in these deals has fallen sharply.

Allianz X helped digital insurance provider Coalition raise $250m while protein synthesis technology developer Nuclera hiked an E Ink-backed series B round to $58m.