Consumer

From board seats to leading rounds to deciding when to back boom stocks — there are a lot of VC obsessions that corporate investors can skip.

Bertelsmann-backed paywall management software provider Zephr is set to be acquired by Zuora in a $44m deal while Meituan co-led a $875m round for EV battery producer Sunwoda.

Lunar Energy disclosed $300m from investors including Sunrun and SK, and acquired Honda, Itochu and Tokyo Electric Power-backed Moixa for an undisclosed amount.

The investment arm of Stanley Black & Decker has fallen victim to a CEO change and cutbacks following the company's poor financial performance.

Intel Capital co-led an extension that took Anyscale’s series C round to $199m while Saudi Aramco's Prosperity7 fund helped Zilliz lift its series B to $103m.

Robotic barista developer Botrista Technology seeks corporate investors that can share ingredients and equipment manufacturing expertise in the US foodservice sector.

Harel Group took part in DriveNets’ $262m series C round while UBS Next and and Wells Fargo Strategic Capital pumped BigPanda's series E to $210m.

It is an old joke that nuclear fusion power is 30 years away, and always will be. The joke is now looking outdated as the technology finally reaches a stage where investors feel comfortable writing cheques for hundreds of millions of dollars towards its development.

Virgin Group helped its cruise ship spinoff, Virgin Voyages, raise $550m while American Express Ventures lined up two M&A exits.

Galaxy Digital called off its $1.2bn purchase of BitFury-backed crypto wallet developer BitGo while SK Group helped nuclear technology developer TerraPower raise $750m.

GCV Rising Star Daniel Obaseki took over as global head for growth investments at AB InBev's venturing subsidiary.