Outpatient surgery can be up to 60% cheaper and produce better outcomes than hospital procedures, but the market is fragmented. Oliver Keown wants to fix that.

In this month's local investors guide, Madelyn Rutter of TechNexus Venture Collaborative introduces us to The Windy City's VC scene (and its breakfast sandwiches).

Former Zeon Ventures president Yoshi Kagawa will run corporate VC operations for the mining and metals group, which launched its second fund in December.

Next 15, Mach 49's owner, says it discovered potential misconduct after assessing an earnout payment due to be paid to Mach49 after it acquired the business in 2000.

The early-stage corporate venture unit is raising its fifth AI-focused fund.

The new North America University Innovations Fund will invest in technologies coming out of federal research and university labs.

Josh Just will be a part of the enterprise strategy and business development group.

The importance of corporate venturing is growing for governments and startup ecosystems. But the industry is still looking for the optimal model.

Saxena will be responsible for investments in AI, advanced computing and connectivity.

Some 46 corporate-backed startups had an exit in May, a handful at more than $1bn. But the market is still in a holding pattern.