Consumer

Octopus Energy Generation invested $127m in Be.EV while Centene Corporation and HopeLab took part in Hazel Health’s $51.1m series C1 round.

Battery recycler Ascend Elements and Geely spinoff Farizon each raised $300m while Saudi Aramco launched a $1.5bn Sustainability Fund.

Spinouts have defied the slump in the rest of the market, with deal numbers up 10% from last year. The average size of seed and series B rounds has actually increased.

Strong collaboration between Applied Materials and the startups Applied Ventures invests in is part of the reason the CVC unit has kept going so long.

There are five key factors that have helped the US oil and gas company's corporate investment unit keep going for 23 years.

The oldest standing CVC in the world owes its staying power to discipline, adaptability and unwavering management support says Debi Watson.

Only a small portion of CVCs have lasted longer than two decades. Here are their secrets to staying the course.

Wells Fargo, Greystar, Invitation Homes and Prosus were part of Blit Rewards’ $150m round while Mouro Capital co-led Vesttoo’s $80m series C.

Corporate investors rarely acquire the portfolio companies they invest in, but most will still negotiate special rights around an exit.

AbbVie is acquiring Amgen-backed DJS Antibodies for $255m while Legend Holdings took part in a $56.6m series C round for VectorBuilder.

While the rest of the market pulled back investment, GCV data shows that the value of deals backed by energy companies continued to grow in 2022.