Financial

Innovation seems threatening to legacy thinking in the region, preventing corporates from going into high-performance mode.

Deutsche Telekom and Salesforce-backed PerimeterX is joining forces with Human Security while M12 and Alexandria Venture Investments took part in Ozette’s $26m series A round.

Why is a 256-year old company best known for selling antiques and renaissance art investing in digital asset startups? We asked the head of its new VC fund.

360 Security and CATL helped Hozon Auto close a $1.5bn series D while Origin Energy and Tokyo Gas backed a $550m round for Octopus Energy.

Amid a general downturn, spinouts have been faring much better than the startup world at large.

EDB has added about $14m for the second Corporate Venture Launchpad to help corporations launch innovative spinoffs.

The dollar valuation of corporate-backed deals in the energy sector dropped sharply in Q2. Cleantech deals are the only exception.

There has never been a better time for corporates to invest in this sector, says Meghan Sharp, Global head of Decarbonization Partners.

But there are other benefits for both sides, researchers find.

SAIC Motor’s Shang Qi Capital vehicle led RT Advanced Materials’ $740m series D round while Contentsquare pulled in $600m from investors including SoftBank Vision Fund 2.