IT

But there are other benefits for both sides, researchers find.

SAIC Motor’s Shang Qi Capital vehicle led RT Advanced Materials’ $740m series D round while Contentsquare pulled in $600m from investors including SoftBank Vision Fund 2.

Intesa Sanpaolo Group helped online property marketplace Casavo pull in over $400m while collaborative robotics developer Jaka raised $150m from investors including SoftBank and Saudi Aramco.

Google, Chevron and Sumitomo were part of fusion power system developer TAE’s $250m series G2 while GMO VenturePartners and Christie's Ventures formed new funds.

Eli Lilly and Illumina took part in liquid biopsy developer Delfi Diagnostics' $225m series B round while Sompo, Yamaha Motor and Bridgestone invested $87.8m in driverless vehicle software provider Tier IV.

Paul Jacquin, co-founder of Randstad Innovation Fund explains how to navigate — and invest in — the future of work.

Bertelsmann vehicle BAI Capital co-led a $150m C2 round for payment card provider Stori while Sram and Mram supplied $100m in series A funding for blockchain ecosystem developer 5ire.

"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.

Alphabet unit GV participated in autonomous flight technology developer Merlin Labs’ $105m series B round while several corporates helped Cathay Innovation close a $1bn fund.