Services

Access Industries, Pfizer and SR One were among the investors in a $125m round for Nimbus Therapeutics while Aerwins agreed a reverse takeover.

Alphabet led a $1bn round for its Verily subsidiary while Kimco Realty and The Silverman Group were part of Gotham Greens’ $310m series E.

Corporates have dramatically slowed down the rate at which they invest in startups, except in these two sectors.

Investment is building again in the sector after a lull, but big companies are hedging their bets on which type of aircraft will work best.

Hanwha Group took part in a $250m round for Carrot General Insurance while JP Morgan Chase helped lift LetsGetChecked’s series D to $170m.

Lab-grown milk is becoming commercially viable — and studies have shown that consumers aren’t averse to it. So, is it time for corporate investors to back these startups?

SoftBank, Bristol Myers Squibb and Hitachi were among Arsenal Biosciences’ $220m round while MegaChips led a $140m round for Morse Micro.

SK has provided $50m in funding for Ascend Elements while ServiceNow took part in a $35.6m series C round for Fairmarkit.

Tencent and Sony have provided $263m for FromSoftware while Piramal Capital & Housing Finance backed EarlySalary’s $110m series D round.

Corporate-backed investments in energy storage technology have quadrupled in value in the last quarter as energy prices soar.

FTX and Coinbase took part in a $200m round for NFT game developer Limit Break while Schaeffler, Kingspan and Marcegaglia backed H2 Green Steel’s $190m series B.