Sectors

Sam Harrison and Banafsheh Fathieh are leading Lightspeed Venture Partners' newly launched Faction team having come from Blockchain.com and Prosus respectively.

The founder and CEO of the corporate fund announced his exit to pursue other investment projects in climate tech and sustainability.

Abhishek Shukla, who recently left Hewlett Packard Pathfinder, is moving to lead the enterprise and deep-tech investments at Prosperity7 Ventures, a subsidiary Saudi Aramco.

Anish Patel, COO of Yamaha Motor Ventures gives us a glimpse into what the next 50-100 years could look like.

Klarna's 83% drop in valuation to $6.7bn is the most visible harbinger of a buy now, pay later sector suffering from defaults and competition - some from the same corporates investing there.

DeNA and Seibu Holdings helped Allm raise $180m, while several corporates are exiting ViaCyte in a $320m acquisition.

The number of crypto and token funding rounds is still climbing but the overall volume of capital in these deals has fallen sharply.

Allianz X helped digital insurance provider Coalition raise $250m while protein synthesis technology developer Nuclera hiked an E Ink-backed series B round to $58m.

The oil industry services company promoted Gawade to executive director.

Repsol and the ESG investor will look for other investors to help back the “double transition” with the new fund as the oil major also rebrands its other investment vehicle.

Corporates are still investing in startups but valuations have fallen dramatically. Some areas such as China and healthcare have been hit hard.