Consumer

The debt finance deal gives FTX the chance to buy crypto management tool developer BlockFi for up to $240m - less than 10% of its last valuation - and the news should be making equity investors nervous.

Astra Group took part in a $41m round for digital bank Yap while GV led artificial intelligence developer platform Modular AI's $30m seed round.

We've condensed down three days of talks, networking and demos at the GCVI Summit in Monterey into these insights.

Chanel and Kraft Group were among the investors in Evolved By Nature’s $120m series C round, while Prosus led a $39m series B for Sharebite.

If a CVC unit wants to bring in outside money, it needs a great track record, a unique angle and skin in the game.

Susquehanna Growth Equity has led a $62m series B round for speech-to-text software provider Speechmatics, while Fidelity’s Eight Roads unit led digital asset data aggregator Kaiko's $53m series B.

A range of corporates helped hydrogen system developer Electric Hydrogen raise $198m while Shell and Chevron backed fusion energy system developer Zap's $160m series C.

Illumina and Celgene could exit genome researcher Human Longevity in a reverse merger while Openly raised $75m from investors including Advance Venture Partners and Gradient Ventures.

Asian, fintech-focused and less than seven years old – some of the CVC trends we saw when compiling the Global Corporate Venturing Directory.

Educational Testing Service was part of a $225m round for digital higher education provider UpGrad while SoftBank helped recruitment software provider Fountain extend its series C to $185m.