Sectors
Corporate VCs expect the needs of AI data centres and US deregulation to boost energy funding, with grid tech and nuclear among the winners.
Insurance CVCs are eyeing up the potential of AI even if regulation may make adoption slow. Climate risk mitigation and quantum are also on the menu. Blockchain — not so much.
The first wave of insurtech startups hit the wall trying to fight the industry's biggest players. Now, insurance CVCs say they're seeking the ones embracing a partnership model.
Solar energy and grid storage saw some of the biggest funding rounds as falling prices put these clean energy options into the mainstream.
Pharmaceutical startups have had a strong start to 2024, showing off areas like psychedelic mental health treatments, radiotherapeutic cancer drugs and medicine for underserved populations.
Sector report: Healthcare and artificial intelligence
Chevron led a $100m round, backed also by a group of other corporates, raised by the carbon capture specialist.
Several China-based corporate venture investors backed a large round valuing lithium-ion battery Shanghai Shanshan material producer at $1.5bn. The deal highlights the importance of battery technologies not only for the emerging kind of mobility applications but for the process of energy transition as a whole.
Migdal and Menora Mivtachim helped renewable energy infrastructure developer Fu-Gen with fresh funding which will help expand its operations in the UK and Finland. This is a deal from the renewable energy space, which continues to see much momentum in the context of energy transition.
Swiggy helped boost Rapido's valuation to $800m in a round that featured Shell Ventures and TVS Motor. This is a deal of a rather surprising size and valuation in a space that has not been as hot over the past years, as far as corporate-backed deals are concerned.
Several corporate venture investors participated in a round which took the crypto IoT network developer's valuation to $1.2bn. The round and the company are part of the larger crypto tech space, which has been attracting much interest and capital in most recent times.
Tencent has dodged most of China's regulatory crackdown and built an impressive fintech portfolio globally.
Special report: Sparsity looks to make AI infrastructure more efficient, AI increasingly useful in the software stack, quantum and classical hardware evolves
Feature: artificial intelligence driving disease prevention, digital health enables personalised medicine, investment takes off
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