Consumer

The Global Corporate Venturing deal net rounds up the smaller investments from across the corporate innovation ecosystem.

The Global Corporate Venturing deal net rounds up the investments from across the corporate innovation ecosystem.

Jennifer Marcus says the US home improvements retailer wants to invest in earlier-stage startups in proptech, fintech and construction tech.

Several China-based corporate venture investors backed a large round valuing lithium-ion battery Shanghai Shanshan material producer at $1.5bn. The deal highlights the importance of battery technologies not only for the emerging kind of mobility applications but for the process of energy transition as a whole.

Coinbase is among the investors helping the new NFT exchange provide alternatives to OpenSea.

Web3 services provider Venly and genomic analysis technology provider Genome Insight each raised $23m while Rui Ye Lian helped Cedarlake Capital close a $189m fund.

Kaiser Permanente backed the India-based rapid delivery challenger as it squares up against bigger rivals.

Migdal and Menora Mivtachim helped renewable energy infrastructure developer Fu-Gen with fresh funding which will help expand its operations in the UK and Finland. This is a deal from the renewable energy space, which continues to see much momentum in the context of energy transition.

Content personalisation technology provider Movable Ink and carbon-negative concrete developer Brimstone each raised $55m, with Intel and Amazon respectively among the investors.

Info Edge's corporate venturing activities are being boosted by Singapore-owned Temasek, which is committing 50% of the capital for three of its funds.

Vishal Gupta, formerly a director at the SoftBank division that oversees its Vision Funds, has joined TA Associates in a similar role.