Financial

Binance has appointed chief marketing officer and co-founder Yi He as the new head of its incubator and venture unit as it looks to overcome turbulence in the Web3 market.

Xiamen C&D took part in OriCell Therapeutics’ $120m series B round while Shopify provided $100m in funding for Klaviyo.

Social Leverage Acquisition Corp I will acquire AMD and ConsenSys-backed W3BCloud while China Life took part in a $300m round for Taibang Biologic.

Actis is set to acquire a majority stake in Mitsui and Equinor-backed Yellow Door Energy while GMO, Yara International and Digital Garage all backed Jai Kisan's $50m series B round.

For corporate venturers, is it better to invest directly from a corporation’s balance sheet or from a stand-alone fund?

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.