Sectors

JP Morgan Asset Management's (JPMAM) sustainability-focused growth private equity investment business adds co-head.

Walmart has been increasingly active at starting up and backing startups, including financial technology startup Hazel.

Johnson & Johnson pivots earlier stage, reflected in the NewCo Creation unit it set up.

SoftBank led digital pharmacy Alto's $200m series E round as well as a $130m series B round for rent data software provider Esusu.

Walmart made a strategic investment in the vertical farm operator through a round led by existing investor SoftBank Vision Fund 1, pushing its total funding past $940m.

Corporate-backed IoT technology producer Sigfox has filed for bankruptcy protection, possibly a casualty of a wider clustering of venture capital investment.

Mobile banking app developer One and earned wage access service Even will form a new company with the Walmart subsidiary featuring Qualcomm, Progressive and PayPal as shareholders.

Ørjan Aukland had spent two-and-a-half years as head of corporate M&A and corporate venturing at industrial group Lyse before joining GreenCap last August.

SoftBank Vision Fund 2 helped blockchain technology provider Blockdaemon close a $207m series C round while Qualcomm-backed audio equipment brand BoAt is targeting $246m in its flotation.

FTX Trading's US subsidiary secured the cash at an $8bn valuation, bucking the trend among rival cryptocurrency exchanges less eager to raise funding.

Series C investors including SBI have sold back their shares to the digital payment tool provider at a 50% premium, valuing it at $15bn.