Consumer

DivcoWest, JLL and Allegion combined in a $60m round for workplace data platform developer VergeSense while Sanofi committed up to $60m to ocular therapeutics developer Gyroscope.

Alibaba and Tencent contributed to a late-stage round reportedly valuing the social commerce platform developer at up to $20bn.

Satellite launch vehicle developer ABL Space Systems raised a multimillion dollar series B round, which took its total funding to $420m with a $200m extension to its latest round.

Sector report: Oil & gas Q3 2021

While COP26 is about to start and the representatives of almost 200 countries prepare to gather in Glasgow for what has been described as “the world’s best last chance to get runaway climate change under control”, the energy industry is in the middle of a profound metamorphosis that could radically reshape global power production and transform our relationship with the planet’s natural resources.

Global Energy Council Q4 2021 editorial by James Mawson, editor in chief, Global Corporate Venturing

Ubicom Holdings Japan helped gynaecological imaging software developer Illumigyn take its total funding to $33m while Optum took part in a $30m round for health payment technology provider Medallion.

Cox Enterprises invested in digital media company Axios at a $430m valuation while Bristol Myers Squibb helped enzyme drug developer Nitrase Therapeutics boost its series A round to $45m.