Sectors

General Motors agreed to buy out SoftBank and invest a further $1.35bn in the autonomous vehicle developer, which it spun off four years ago.

The venture firm co-founded by the eponymous EV maker, closed its latest fund with commitments from new and returning LPs including undisclosed insurance providers.

The car producer will invest in everything from autonomous driving to non-fungible tokens through the newly launched Stellantis Ventures.

Slack's corporate venturing subsidiary, now under the Salesforce Ventures umbrella, is looking to lead more rounds after launching Fund III, which is twice the size of its predecessor.

Country Garden Venture Capital was among the investors in the Qualcomm-backed contract chip manufacturing service provider’s latest round, which took its total funding to $630m.

Deutsche Telekom-backed DTCP was among the investors that pushed the cybersecurity management platform developer’s valuation to $2.6bn.

Artificial intelligence technology developer Aibee raised cash from Xiaomi at a unicorn valuation while industrial technology provider Bluetron received $78.6m.

Managing director Dede Goldschmidt spelled out the unit's investment strategy along with its place in Samsung's corporate VC activities and the state of the post-pandemic market.

IISc Bengaluru-backed AI and Robotics and Technology Park is seeking approval from the Indian regulator to raise a $100m venture fund.

Axa Venture Partners and MassMutual Ventures returned for the insurance comparison marketplace’s latest round, which included Brighthouse Financial, Global Atlantic Financial, IA Financial, Lincoln Financial and Pacific Life.

Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.