Energy

Innovative region: Israel

Analysis by James Mawson, founder, Global Corporate Venturing and co-author of Transformative Innovation (with Christine Gulbranson)

MUFG Innovation Partners contributed to mobility financier Moove's $105m series A2 round while MS&AD and Nationwide helped insurance software developer Socotra raise $50m.

SAIC Motor’s Hengxu Capital helped allosteric drug developer Nutshell Therapeutics close a $40m round while cancer therapy developer Impact Therapeutics secured series D1 funding.

Schibsted Ventures participated in a round which pushed the smart energy provider's overall funding to over $170m as it eyes European expansion.

GV returned for a multimillion dollar round raised by the clinical data software provider, which is part of a space of much interest to corporate investors.

The corporate venturing industry is pushing towards a 50:50 split in senior investor roles.

CSAA participated in the first close of a series D round for Kin Insurance, which is part of the broader insurtech space, which has enjoyed the attention of corporate venture investors.

Carbon-to-diamond technology developer Aether raised $18m in a Helena-led round while healthcare fintech startup Lynx emerged from stealth with $17.5m from investors including Commonwealth Care Alliance.

Subsidiaries of Lennar and JLL helped provide $400m for homebuilder Veev while Sinar Mas is supplying $200m for digital wallet developer Dana.

South Africa-based cryptocurrency exchange Valr and healthcare operations software developer Qventus each raised $50m in corporate-backed rounds.