Transport

Since its passage, the Bayh-Dole Act has bolstered US economic output by up to $1.7 trillion, supported 5.9 million jobs and helped lead to more than 14,000 spinouts.

Professional education provider Platzi pulled in $60m through a Prosus-led round while e-commerce software producer Marketplacer took in $38m from investors including Salesforce Ventures.

Salesforce Ventures helped supply $62m for business intelligence software developer Klue while GS Retail invested $55m in mobility services provider Kakao Mobility.

The semiconductor producer completed a nine-figure series C round from investors including SAIC Motor. This is a deal from the semiconductor and chips space, which does not normally see many corporate-backed deals but our data suggest valuations are currently experiencing upward pressure.

Mercedes-Benz and Stellantis made strategic investments in advanced battery developer Factorial Energy while celluar therapy developer Mana Therapeutics closed its $42m series A round.

The EV producer has disclosed $305m series D1 and $152m series D2 rounds that collectively included Agile Group, PCCW and Shun Tak.

Koch Disruptive Technologies helped the mobility technology developer raise $130m in a round lifting its valuation about 50% to $3.3bn.

From applications in clinical areas such as diagnostics and drug discovery, to the chemical, manufacturing, retail and automotive sectors, artificial intelligence (AI) technologies have disrupted many traditional industries, opening new frontiers and driving the development of ground-breaking solutions.

AI Q4 2021 report editorial by James Mawson, editor in chief, Global Corporate Venturing

The used vehicle marketplace was valued at over $1bn in a series C round featuring BMW i Ventures to hike its overall funding to over $276m.