Transport

Next47 has participated in a $205m series D round for Verkada while UPMC Enterprises has co-led SparingVision’s $75m series B.

Invest in a business development function — early. Be creative with funding and careful with how your strategic value is measured.

Spinouts working on ketamine-based therapeutics, regenerative medicines for dogs and better sleep are among those that caught our eye this month.

The global food system is creaking — creating an impetus for global agriculture companies to invest in new solutions. Corporates took part in agtech deals worth a record $18bn last year. But are they investing fast enough?

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.

Hitachi grows its cell therapy portfolio, SoftBank slims down in India and Foresight Williams backs ID tags for diamonds.