Financial

Jiangsu Yuyue Medical Equipment & Supply and Sunny Optical Technology Group have postponed their investments in Ant Group’s consumer finance unit after state-sponsored Cinda was required to halt its participation.

Amy Wu joined the newly formed FTX Ventures from Lightspeed Venture Partners, where she had overseen the firm's investment in FTX as a partner.

SoftBank has provided $146m for Qraft and plans to collaborate with it on development of an smart portfolio management product.

Cancer diagnostics tech developer Freenome cashed in an additional $290m from returning investor Roche, which will support it as it looks to expand its products to additional cancers.

The corporate's ongoing Latin American portfolio has grown after it led pet product retailer Laika's $48m series B round and a $40m round for rural finance provider TerraMagna.

SoftBank led 5G chip developer Eigencomm's $157m series C round while smart bank Seba Bank raised $120m in its own series C, which included Alameda Research.

Synthetic DNA producer DNA Script and personalised health plan provider Transcarent each closed $200m corporate-backed series C rounds.

Business-focused neobank Qonto raised $552m from investors including Tencent at a $552m valuation while SK provided $350m for Center for CDMO Breakthrough Medicines.

Raw materials provider Vital Thin Film secured $188m in a round co-led by BYD while drug developers CinCor and Vigil raised a total of $292m in their initial public offerings.

2021 registered record figures in the realm of corporate venturing.

Harel contributed to drug discovery technology developer Eikon Therapeutics' $518m series B round while a host of corporates are set to exit data management software provider Trifacta in a $400m acquisition.