IT

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.

The value of corporate-backed deals slumped in the third quarter, but sectors like energy and telecoms bucked the trend as did a few geographies like Israel.

BBC Studios bought portfolio company Firebird Pictures while SoftBank Vision Fund 2 led a nine-figure round for dental product maker SprintRay.

Such enormous losses help explain why Bytedance in January said it was dissolving its corporate venturing unit.

An overwhelming majority of respondents in our poll said they took board seats — mainly to influence and help the startups in their portfolio.

Prologis Ventures and GV helped supply chain analytics provider Altana raise $100m while Amazon and BHP were among the investors in an $85m round for clean steel technology developer Electra.

Q2 Holdings has acquired National Bank of Canada and OpenText-backed Sensibill while ArcelorMittal's XCarb unit was part of Form Energy’s $450m series E round.

The sector is vulnerable to the economic downturn as lenders pull back and higher interest rates crimp borrowing. But pockets of the sector continue to attract financing.

Solid Biosciences is merging with Sarepta-backed AavantiBio in a $215m deal while Amazon has formed a minority founder-focused $150m fund.