Sectors

Volkswagen Group invested a nine-figure amount in 24M Technologies while SoftBank participated in a $100m series C round for Pixis.

The digital media group has restructured its corporate venturing activities on the same day as China revealed proposals which would place investments under greater scrutiny.

Gemini and Smile Group were both part of the metaverse and NFT-fuelled game publisher's latest round, valuing it at $5.4bn pre-money as it makes big strides in venture capital investing.

Sector report: Transport

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

Porter Alliance for Innovative Medicines will be equipped with $130m to advance research from Stanford’s Innovative Medicines Accelerator.

Ocado and Virgin have returned to back the autonomous driving system provider, joining Microsoft to push its funding to $258m in total.

Nestlé is throwing its weight behind the Eureka Fund, a vehicle focused on spinouts from 27 research centres and universities across Italy.

Johnson & Johnson, Novo and Alphabet all invested in the clinical data platform developer’s latest round, as big data analytics moves further into healthcare.

Rachel Weiss has spent almost 15 years at L’Oreal and said she would be an early-stage investor at its Bold Ventures subsidiary.

Shell Ventures intends to invest the capital over the next six years to support energy technology startups and scale-ups.