Health

Comment by James Mawson, editor-in-chief, Global Corporate Venturing, Stefan Gabriel, CEO, Hitachi Ventures, Kenichi Funaki, deputy general manager for the corporate venturing office, Hitachi

The European Investment Fund will provide half the capital for the $59m i&i Biotech Fund I, which will operate out of the Czech Republic.

Innovative region: Japan

Case Western Reserve University-linked Lucid Diagnostics is seeking an initial public offering that would net it up to $57.5m.

Sector report: Telecoms

Last month, Jeff Herbst departed from US-headquartered semiconductor technology provider Nvidia, where he had led its business development activities and corporate venture capital (CVC) unit Nvidia GPU Ventures for two decades starting in 2001.

A Taiwanese industry association and Global Corporate Venturing jointly organised a second semiconductor, artificial intelligence (AI) and quantum computing-themed panel held under Chatham House Rule on July 27, after a similar discussion in late April.

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AEI HorizonX took part in a round for satellite technology provider Isotropic Systems exceeding $35m while esports company Misfits Gaming raised $35m in a Scripps-led round.

The Baidu Capital and Intuitive Surgical-backed lung disease-focused medical devices developer’s Hong Kong offering valued it at about $1.3bn.