Sectors

Hanwha Life took part in a $20m series B round for Airs Medical while Allianz-backed AV8 Ventures helped Think Bioscience close $17m in seed funding.

SK provided $100m for Atom Power, while MediaTek, Ta Ya, Simplo and Chunghwa Telecom all took part in TXOne Networks’ $70m series B round.

Harel Group took part in DriveNets’ $262m series C round while UBS Next and and Wells Fargo Strategic Capital pumped BigPanda's series E to $210m.

As SoftBank's Vision Funds pull back, another monster-sized corporate fund emerges. Abu Dhabi Growth Fund is bankrolling a growth-stage fund managed by cloud and AI company G42.

It is an old joke that nuclear fusion power is 30 years away, and always will be. The joke is now looking outdated as the technology finally reaches a stage where investors feel comfortable writing cheques for hundreds of millions of dollars towards its development.

Virgin Group helped its cruise ship spinoff, Virgin Voyages, raise $550m while American Express Ventures lined up two M&A exits.

After 25 years at the bank, Harrie Vollaard is taking a strategy role with Dutch cooperative enterprise Royal Agrifirm Group.

James Loftus, formerly Square's global head of corporate development, has joined PayPal Ventures as managing partner.

Galaxy Digital called off its $1.2bn purchase of BitFury-backed crypto wallet developer BitGo while SK Group helped nuclear technology developer TerraPower raise $750m.

Pulling in more companies and getting more investment capital were the key reasons Future Energy Ventures split from E.ON, says managing partner Jan Lozek.

GCV Rising Star Daniel Obaseki took over as global head for growth investments at AB InBev's venturing subsidiary.