CMU's Edge Case Research has raised capital from Ansys, Lockheed Martin and Liberty Mutual to use AI for solving complex safety issues in autonomous technologies.

National Grid’s corporate venturing arm has committed $90m of its $250m initial budget, having backed a total of 12 portfolio companies and three venture capital funds.

The cybersecurity risk-scoring platform developer has increased its total funding to $110m with the series D round, which featured Intel Capital and Axa Ventures.

General Electric had considered spinning out its corporate venturing operation, but has now shifted its focus to finding a buyer for a portfolio consisting of stakes in more than 100 companies.

Capgemini’s corporate venturing unit has partnered venture firm ISAI to set up a $102m fund dubbed ISAI Cap Venture to target early-stage B2B software startups.

SoftBank, Lam Research, Lockheed Martin and Micron all featured in Mythic's $30m series B1 round, which brought the AI microchip maker's total series B intake to $70m.

The venture capital firm’s inaugural early-stage fund, Crane I, has reached its $90m hard cap with contributions from LPs including MassMutual Ventures, with which it has established a strategic alliance.

Sanford Health has provided $23m in funding to increase the regenerative cell therapy provider's series D round to $43m, having initially supplied the first $20m in 2017.

Avi Networks, which raised $115m from investors including Cisco Investments, has agreed to an acquisition by VMWare for an unspecified sum.

Insurance firms and strategic partners Dai-ichi Life and Sompo Holding helped digital health tool developer Neurotrack increase its total funding to more than $51m.