Sectors

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.

Applied Ventures has doubled its war chest to $100m per year and is looking to engage with materials engineering startups in a new way.

HubSpot Ventures has hired Nate Morgan after a combined six years at Springdale Ventures, Evercore and Deutsche Bank.

Bertelsmann-backed paywall management software provider Zephr is set to be acquired by Zuora in a $44m deal while Meituan co-led a $875m round for EV battery producer Sunwoda.

Healthcare companies may be driving a public markets recovery while Lunar Energy, helmed by Tesla's former head of energy, has emerged from stealth with $300m.

Singtel's corporate VC unit has taken on another $100m as 5G opens up opportunities for new technology models, CEO Edgar Hardless tells Global Venturing.

Lunar Energy disclosed $300m from investors including Sunrun and SK, and acquired Honda, Itochu and Tokyo Electric Power-backed Moixa for an undisclosed amount.