IT

With a growing number of unicorns and strong research universities, Europe is in a position to create several innovation superclusters.

Google was among the investors that helped lift Progcap’ series C round to $120m while Okta Ventures boosted Hycu’s $53m series B.

Catherine Lenson, the first female managing partner at Softbank, has left the corporate venture arm of the Japanese technology conglomerate.

Climate change is creating mounting insurance losses every year, creating a near-existential crisis for the industry. Can tech help?

M12, a Microsoft Venture Fund, has hired Jason McBride as a partner, after working as the corporation's director of business development for two years

Tencent took part in a $400m round for Skydance Media while CrowdStrike helped Vanta hike its series B to $150m.

China has a policy of superclusters to drive growth and is increasingly incorporating corporate venture capital initiatives into these clusters.

Rakuten-backed Base Food is set to list on TSE’s Growth Market in an IPO valuing it at $329m while Mitsui was part of a $400m round for Yellow Door Energy.

Consumer credit provider FinAccel secured $140m from investors including GMO Payment Gateway while Amgen helped brain disease drug developer Neumora raise $112m.

Nitin Gajria tells us why Google formed a $50m African VC fund and why it is investing in everything from mobile gaming to haulage services.

Salesforce, ANZ and Tencent helped Airwallex boost its series E round to $300m while Hermes-Epitek chipped into a $30m series A for Ochre Bio.