Axa Venture Partners will invest nine-figure amounts through the new fund, which is expected to close in 2025 with its insurer parent putting up half the capital.

OpenAI Startup Fund has received $175m from 14 unnamed investors, surpassing its initial $100m target disclosed in May 2021.

From a diamond-based, room temperature quantum computer to a unified programming language, here are eight quantum technologies of note.

TDK's corporate venture arm has recruited battery producer Amperex as a limited partner for the EX1 fund, which will target electrification and decarbonisation startups.

Ensoma's $135m series B was one of five big rounds for early-stage drug developers week despite a pharma sector that is becoming ever more selective.

The hospital group plans to back more than 50 companies through Catalyst, with workplace, big data and customer experience software startups all in the frame.

With more money and a new name, SoftBank continues to back Black and Latino-owned startups.

The former investment analyst at JetBlue Ventures is relocating from the US west coast to Copenhagen, Denmark, for his new role.

The third fund – backed by Sabic, BAT, Heraeus and Petronas – is targeting $100m and the latest close included Tong An and Anqing High-Tech Zone.

EY's VC lead for the US talks about the difficulties in today's venture market and where the silver linings are.