The cancer diagnostics technology developer raised $300m from investors also including Kaiser Permanente, Intermountain, Novartis and Roche, but its machine learning model points to where GV is increasingly active.

The customer engagement software provider’s Twilio Ventures unit is the latest SaaS-focused corporate VC fund, following recent initiatives by Hubspot and Zoom.

The animal-free protein producer formerly known as Clara Foods secured the cash from investors including Prosus Ventures, bringing its overall funding to $233m.

Flexport is among the latest investors in the trucking management platform developer, a week after it backed TrueNorth peer CloudTruck.

Incode and Odyssey Therapeutics each secured over $200m while Alvotech Holdings, BenevolentAI and Tomorrow.io have agreed reverse mergers at unicorn valuations.

Since its passage, the Bayh-Dole Act has bolstered US economic output by up to $1.7 trillion, supported 5.9 million jobs and helped lead to more than 14,000 spinouts.

Already active in blockchain gaming investment, the corporates are teaming up to accelerate the monetisation of the sector.

Hometap's home equity finance model - part of a wave of digitisation in the property finance space - has been validated again by an American Family-led round.

Salesforce Ventures helped supply $62m for business intelligence software developer Klue while GS Retail invested $55m in mobility services provider Kakao Mobility.

HV Capital was among the investors in a series B round making Jokr the latest on-demand grocery provider to hit a unicorn valuation.