Google was among the investors that helped lift Progcap’ series C round to $120m while Okta Ventures boosted Hycu’s $53m series B.
M12, a Microsoft Venture Fund, has hired Jason McBride as a partner, after working as the corporation's director of business development for two years
Tencent took part in a $400m round for Skydance Media while CrowdStrike helped Vanta hike its series B to $150m.
Rakuten-backed Base Food is set to list on TSE’s Growth Market in an IPO valuing it at $329m while Mitsui was part of a $400m round for Yellow Door Energy.
More and more corporates are turning to external specialists to run their venturing units. Here's what you need to know before you take this option.
Thomas Reuters and Siemens participated in DataGrail’s $45m series C round while AyoConnect boosted its series B to $25m.
Consumer credit provider FinAccel secured $140m from investors including GMO Payment Gateway while Amgen helped brain disease drug developer Neumora raise $112m.
Salesforce, ANZ and Tencent helped Airwallex boost its series E round to $300m while Hermes-Epitek chipped into a $30m series A for Ochre Bio.
The value of corporate-backed deals slumped in the third quarter, but sectors like energy and telecoms bucked the trend as did a few geographies like Israel.
BBC Studios bought portfolio company Firebird Pictures while SoftBank Vision Fund 2 led a nine-figure round for dental product maker SprintRay.
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