AI startups command gargantuan valuations. The flip side is that investment has been sucked away from enterprise software.

Peter Lenke, former head of Atlassian Ventures, joins the M12 team to focus on AI, enterprise and the application layer.

The percentage of corporate-backed VC funding for US cleantech startups fell to its lowest quarterly level over the past four years.

The RV maker’s corporate venturing chief will retire in October after 10 years in the job.

Some 58 corporate-backed startups had an exit in July, amid a return of stock market listings.

Totalling $30m, the funds will finance healthcare ventures spinning out of the academic medical care system.

Blaze O’Byrne, former partner at Citi Ventures, plans to focus on a new AI-driven venture.

Increases in corporate-backed funding rounds in IT and industrial startups have driven dealmaking to a post-tech investment boom high in July.

Raz Mayshar is moving to Qualcomm Ventures from Tel Aviv-based smart mobility innovation hub Drive TLV.

Rare earth metals are critical to the clean energy transition but their extraction comes at massive environmental costs. Here are six startups with solutions, from mining on the moon to microbes that extract minerals without toxins.