Industrial

The internet portal invested heavily in food delivery, ride hailing and ticketing as it seeked to build out the services linked to its extremely popular WeChat messaging app.

SoftBank is winding down corporate venturing vehicle SoftBank Capital in favour of fewer, bigger investments as it looks to replicate its Alibaba investment.

Intel Capital fell short of the $600m target it set in September but will enter 2016 under new leadership with some promising IPO candidates.

There is still concern that those in corporate venturing are not adequately compensated. Three quarters of respondents to the latest J Thelander Consulting said their title and compensation structure failed to appropriately reward them. Jody Thelander is pictured.

Google restructured itself under a holding company called Alphabet, but its corporate venturing units continued to invest heavily in healthcare despite GV pulling the plug on its European fund.

Welltok was one of two patient management platforms to raise more than $40m last week, showing the ongoing expansion of the sector.

3D printer developer Optomec secured $6m in a series B round backed by GE and Autodesk, the latter of which took part through its Spark Investment Fund.

The design software provider will invest in early-stage companies developing technology compatible with its Forge cloud design services platform.

The e-commerce startup has raised $570m in less than 18 months but may need to harness the expertise of investors Alphabet and Alibaba to compete effectively against the big boys.