Galijasevic predicts collaborations among corporate VCs and startups will only accelerate as they look to innovative technologies to address customer needs during tumultuous times.

Early investors and employees were set to benefit from a $3bn tender offer for the troubled workspace provider but key investor SoftBank has pulled out.

Lonza participated in the gene therapy developer's series A round alongside Partners Innovation Fund, having also licensed technology to the startup.

General Catalyst led a $51m round for the Ascension-backed healthcare automation technology developer, which has now received $119m in total.

An unnamed technology company led the latest round for battery developer Enovix, whose existing investors include Intel, Cypress Semiconductor and Qualcomm.

Prologis Ventures was among the investors that helped the virtual training system provider hike its overall funding to $51m.

The construction equipment rental service raised $15m in an Itochu-led round that will finance strategic merger and acquisition deals.

AristaMD, developer of a remote diagnostics system, raised $18m in a round co-led by Cigna Ventures and MemorialCare Innovation Fund.

Mozido, Sberbank and Overstock all scored exits as the e-commerce verification software developer was bought for an undisclosed amount.

Intel Capital is exiting SD-WAN software provider CloudGenix in an acquisition that follows $99m in funding across three rounds.