The professional golfing body has joined forces with sport-focused firm Elysian Park Ventures to launch strategic fund EP Golf Ventures.

Google, Chevron and Sumitomo were part of fusion power system developer TAE’s $250m series G2 while GMO VenturePartners and Christie's Ventures formed new funds.

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.

Bertelsmann vehicle BAI Capital co-led a $150m C2 round for payment card provider Stori while Sram and Mram supplied $100m in series A funding for blockchain ecosystem developer 5ire.

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

Alphabet unit GV participated in autonomous flight technology developer Merlin Labs’ $105m series B round while several corporates helped Cathay Innovation close a $1bn fund.

Galen Joneja has been promoted to venture manager at Schlumberger New Energy, the company division of the US-French global oilfield service conglomerate

Sanofi, Access Industries and Alphabet helped Areteia Therapeutics raise $350m, and Nordisk Games acquires Supermassive Games.

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.