Industrial

Ore Adeyemi left HSBC’s corporate venturing unit to start a new firm with two other HSBC colleagues.

"It's not the job of a corporation to emulate the investment strategy of a Silicon Valley VC," says change management consultant Greg Larkin.

NextEra Energy, SK and Mitsubishi Heavy Industries America were part of a $300m round for Monolith while Superscrypt helped Safe secure $100m.

The consultancy firm wants to invest in early-stage technology that has both commercial and public sector use.

Robert Bosch's corporate venturing subsidiary is launching a Boston office in connection with the launch of a $253m fund, its largest yet, according to Philipp Rose.

An economic downturn is a great time to back startups on better terms. But investors should be careful of the tricky politics of down rounds.

Sanofi, Access Industries and Alphabet helped Areteia Therapeutics raise $350m, and Nordisk Games acquires Supermassive Games.

Klarna's 83% drop in valuation to $6.7bn is the most visible harbinger of a buy now, pay later sector suffering from defaults and competition - some from the same corporates investing there.

DeNA and Seibu Holdings helped Allm raise $180m, while several corporates are exiting ViaCyte in a $320m acquisition.

The number of crypto and token funding rounds is still climbing but the overall volume of capital in these deals has fallen sharply.

Allianz X helped digital insurance provider Coalition raise $250m while protein synthesis technology developer Nuclera hiked an E Ink-backed series B round to $58m.