Sectors

Comcast Ventures and BDMI are set to record profitable exits through the deal, showing the new models of digital media can still make for inviting investments.

All existing shareholders contributed to the Marine Biological Laboratory spinout’s series B round, following a $91.5m series A in mid-2020.

Manulife and Shell helped the solar power provider raise the cash as Exelon-backed residential solar energy supplier PosiGen secured $100m, showing continuing interest in the solar power space.

Harel contributed to drug discovery technology developer Eikon Therapeutics' $518m series B round while a host of corporates are set to exit data management software provider Trifacta in a $400m acquisition.

Reliance Retail is now the largest investor in Dunzo, which is helping to expand the quick commerce model to India.

As animal-free dairy alternatives become more popular, Hochland and Tnuva both took part in the vegan dairy technology developer's latest round.

Nexon has invested $400m in film and television studio Agbo while responsible credit card provider Petal raised $140m in an Encore Bank and Cuna Mutual-backed round.

As remote and hybrid work continues to gain steam, Salesforce and Atlassian both backed the collaboration software provider's series C round at a $17.5bn valuation.

Battery cell technology developer StoreDot has raised $60m of a targeted $80m, with carmaker VinFast leading the round as it looks to go all-electric.

Coinbase Ventures has returned to back the IRA-targeted alternatives investing scheme operator, as the unit diversifies its blockchain and crypto-themed portfolio.

The digital transformation that has disrupted and reshaped the industrial sector in recent years, known as the fourth industrial revolution or industry 4.0, has now reached a new chapter with the development of what has been dubbed as industry 5.0.