Industrial

American Family helped digital auto insurance portal Branch secure $147m while Anthem, Optum and CVS Health all contributed to a $140m round for home care platform developer CareBridge.

GV participated in tech apprenticeship platform Multiverse’s $220m series D round while Amgen, UCB, UPMC and Takeda helped genetics disease drug developer Code Biotherapeutics raise $75m.

GCV has spoken to several corporate and VC investors about the recent hit to Australia's startup scene following a post-lockdown deal surge.

The Russia-based steelmaker’s Severstal Ventures unit is shutting down amid geopolitical crisis-induced sanctions.

It pays to invest in these companies. Research shows they are less likely to fail and will attract two to three times more investment.

The number of corporate-backed deals dropped by 13% year-on-year in May, the first clear sign that the market pullback is having an impact.

SoftBank Latin America Fund is among the investors in payment technology provider Kushki’s $186m series B round while Maruho co-led inflammatory disease drug developer Upstream's $200m series A.

Envision Group’s Envision Digital subsidiary raised $210m in series A funding while Sarnoff Corporation’s Intuity Medical spinoff will shut down at the start of July.

Investment in defence startups is at record levels this year, with Raytheon the latest to set up an investment arm. This is their strategy.

SAIC Motor and GAC Group took part in industrial software developer UniVista Industrial's $164m pre-series A round while multiple corporates helped biotech incubator Doma Biopharmaceutical raise $142m.

If venture is a “pillar of national importance,” then China has developed its soft power skills well, especially in deeptech.