IT

The shutdown of Argo.AI is a blow to the self-driving dream (and a loss for its carmaker backers). But is transport CVC merely maturing?

Geely's subsidiary, GLy Capital Management of Hong Kong participated in Volocopter's $182m extended series E round, with Neom, the Saudi Arabia-based sovereign wealth fund leading the financing

Sumitomo participated in Zebra Labs’ $5m round while investors including FTX Ventures and Aptos provided $3m in pre-seed funding for Martian.

Some 31% of corporate investors told us that the main thing they wanted to get from their startup investments was insights.

The value of corporate-backed deals in the energy sector dropped in Q3 but the overall pace of deal making remains steady.

Octopus Energy Generation invested $127m in Be.EV while Centene Corporation and HopeLab took part in Hazel Health’s $51.1m series C1 round.

Battery recycler Ascend Elements and Geely spinoff Farizon each raised $300m while Saudi Aramco launched a $1.5bn Sustainability Fund.

Spinouts have defied the slump in the rest of the market, with deal numbers up 10% from last year. The average size of seed and series B rounds has actually increased.

The technology mogul has reported his new position after serving two years at the fast-growing technology corporation ApplyBoard

There are five key factors that have helped the US oil and gas company's corporate investment unit keep going for 23 years.

Only a small portion of CVCs have lasted longer than two decades. Here are their secrets to staying the course.