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.

Investment in defence startups is at record levels this year, with Raytheon the latest to set up an investment arm. This is their strategy.

SAIC Motor and GAC Group took part in industrial software developer UniVista Industrial's $164m pre-series A round while multiple corporates helped biotech incubator Doma Biopharmaceutical raise $142m.

If venture is a “pillar of national importance,” then China has developed its soft power skills well, especially in deeptech.

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.

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.

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.

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.