Energy

Laurent Audoly, managing partner of the pharmaceutical company's new open innovation scheme, spoke to Global Corporate Venturing about its collaboration and investment strategy.

Monthly Analysis

Sector focus: Industrials

Kensington Capital Partners has achieved a $228m final close for its fund of funds backed by investors including Torstar and OpenText.

George Coyle has departed from ConocoPhillips' corporate venturing unit to form an oil and gas-focused fund that has already raised almost $43m in capital.

2015 saw companies raising large VC rounds faster and investors existing quicker, according to Jon Norris of Silicon Valley Bank, and expect M&A to stay steady as IPO market continues to move slowly.

Corporates remained active as crossover investors helped take healthcare VC investment to its highest level since 2000, Jonathan Norris of Silicon Valley Bank told Global Corporate Venturing.

Motive Drilling Technologies, an oil drilling guidance system developer incubated by Hunt Consolidated, has raised $10.5m in a series A round co-led by GE Ventures.