German investment firm High-Tech Gründerfonds has launched a new fund that aims to fill the gap in larger financings.

Multiple finance-focused corporates helped supply $200m for Illuminate Financial's third fund while Reebelo’s Naver-backed series A round now stands at $50m.

Zero-emission courier service Zedify secured over $6m while Naspers closed its $100m Naspers Foundry fund.

Walmart invested another $200m in PhonePe while Polygon, Ripple and GSR are among the LPs in Blockchain Founders Fund’s $75m second vehicle.

Comcast NBCUniversal Lift Labs is following a theme-based strategy in 2023 with generative artificial intelligence first on the agenda.

Several corporates are in line to exit WeRide through an IPO that could raise $500m, while CNH Industrial bought portfolio company Augmenta for $110m.

Yamaha Motor's sophomore Exploratory Fund brings the amount it has committed to corporate VC to $300m in the past five years.

Citi Ventures took part in a $43m round for Masttro while Banpu Next and Equinor Ventures contributed to Green Li-ion’s $20.5m pre-series B.

Johnson & Johnson took part in Rapport Therapeutics’ $100m series A round whole Altria divested a stake in Juul once valued at $12.8bn.

Salesforce is integrating generative artificial intelligence across its customer relationship management platform and its venture unit is getting in on the act.