Sectors

Investments roll in for blockchain-based games, fintech, enterprise software and energy companies.

Innovent Biologics was among the investors in the oncology therapy developer’s oversubscribed round, which came as global investors are boosting their healthtech, biotech and wellness investment activities in China despite the country’s trade war with the US.

Fidelity’s Eight Roads Ventures subsidiary has helped the BNPL platform provider close its fresh round at a $350m valuation a year after it was founded, as India sees steady growth in the market.

The mobility sector has been flourishing in the past few years with the development of ground-breaking technologies in the electrification, autonomous vehicles and connectivity segments reshaping the entire industry.

Airtable, HealthCare.com and T11 pull in nine-figure rounds.

Hulic Startup is the latest real estate-focused CVC unit in Japan, after the likes of 31Ventures, HHP Co-Creation Fund, NN Corporate Capital and TFHD Open Innovation Program, part of Mitsui Fudosan, Hankyu Hanshin Properties, Nomura and Tokyu Fudosan respectively.

The Great Wall Motor-founded battery and energy storage technology developer is among the latest EV-linked tech companies receiving corporate backing, as the CVC ecosystem builders increasingly incorporate ESG criteria into their investment mandates.

Fintech and technology startups have continued to see their coffers grow

The corporate-backed AI technology developer has put its IPO plans on hold after the US government listed it as a Chinese military-industrial complex company, following the news of another Chinese tech company, Didi, saying earlier this month it would delist from the US.

The IoT technology provider’s fresh round co-led by SE Ventures and SoftBank Vision Fund 2 represents a renewed interest in the cybersecurity sector, with Dragos and Nozomi also having raised corporate funding in recent months.

Managing director Crispin Leick spoke to GCV about EnBW New Ventures' two most recent investments and the potential for infrastructure technology to catch up with software deals.