Transport

It is an old joke that nuclear fusion power is 30 years away, and always will be. The joke is now looking outdated as the technology finally reaches a stage where investors feel comfortable writing cheques for hundreds of millions of dollars towards its development.

Virgin Group helped its cruise ship spinoff, Virgin Voyages, raise $550m while American Express Ventures lined up two M&A exits.

InMotion has hired Nasrolahi as principal to supercharge its strategic investments into sustainable automotive startups

Corporate VCs are exploring different models of impact and diversity investing - but which is right for you and why?

Sinar Mas provided $250m for Dana while Prosperity7 Ventures led a tranche that took Insilico’s series D round to $95m.

Recruit Holdings participated in CleverTap’s $105m series D round while Liberty Media led a $100m series D for sports media platform Overtime.

Legend Capital-backed MicuRx has floated on the Shanghai Stock Exchange and Intel Capital took part in Geek+’s $100m series E1 round.

ETS Global led a $210m round for UpGrad while CrowdStrike's Falcon Fund took part in Talon Cyber Security's $100m series A.

SoftBank's Vision Funds have now posted paper losses of over $49bn in the past two quarters as the downward trend for tech stocks puts pressure on its parent company.

Corporate venturers from the IT sector completed 191 exits between June 2021 and May 2022 – 125 acquisitions, 30 IPOs, four mergers of equals, six buyouts and 26 other transactions.

Some 37 newly-launched or refunded venturing units made investments in the IT sector between June 2021 and May 2022.