Sectors

SK has provided $50m in funding for Ascend Elements while ServiceNow took part in a $35.6m series C round for Fairmarkit.

Alternative batteries and green steel get corporate backing, while the dairy industry cleans up its footprint and satellites go hyperspectral.

Karolina Bjurehed, formerly head of IR and investment director at Volvo Cars Tech Fund, has joined VC firm Industrifonden.

Getting institutional, risk-averse money into crypto is no mean feat, but SC Ventures-backed Zodia Custody is working to assuage their fears.

Telus's strategic investment arm plans to extend its presence outside of Canada while continuing to bet on areas like agriculture and health.

Peijia Medical participated in JenaValve’s $100m series C round while L Catterton led Planted Foods’ series B extension, lifting it to $93m.

Tencent and Sony have provided $263m for FromSoftware while Piramal Capital & Housing Finance backed EarlySalary’s $110m series D round.

Corporate-backed investments in energy storage technology have quadrupled in value in the last quarter as energy prices soar.

Dani Shearman, who had spent nearly four years at the now-independent HorizonX, has joined a sister subsidiary, Boeing Phantom Works.

FTX and Coinbase took part in a $200m round for NFT game developer Limit Break while Schaeffler, Kingspan and Marcegaglia backed H2 Green Steel’s $190m series B.

The $7.2m Ricoh Biomedical Startup Fund was formed by the imaging technology producer to back up its recent acquisition of mRNA drug developer Elixirgen.