Lockheed Martin-backed Tempo Automation sealed its reverse merger while Strand Therapeutics upped a round featuring Eli Lilly and Beigene to $97m.
Sanofi Ventures took part in Escient Pharmaceuticals’ $120m series C round while Castrol India provided $60m for Ki Mobility Solutions.
BBVA was among the investors providing over $36m for digital bank Atom while LiDAR system developer Scantinel received more than $10m in a Zeiss-backed round.
G42 helped process automation technology provider The Applied AI Company raise $42m while Fox Cold Chain received $27.9m from investors including Mitsubishi.
ABB's electric vehicle charging offshoot raised over $200m while GV helped pecision therapeutics developer FogPharma pull in $178m.
Great Wall Motors spinoff SVolt has filed for a $2.1bn initial public offering while several corporates are set to exit online publisher Note in its own IPO.
Dongfeng Motor spinoff Voyah secured $639m at a valuation topping $4bn while Intel Capital helped AI chip developer Astera raise $150m.
Salesforce, Nikkei and NTT Docomo exited Evernote in a Bending Spoons acquisition, while Alexandria Venture Investments-backed Acrivon went public.
Pertamina and MDI Ventures are teaming up on a $500m energy fund while Trip.com and Legend Capital-backed hotel brand Atour floated on Nasdaq.
NCSoft invested $15m in Mysten Labs to take the latter’s series B round to $300m while Porsche backed Xanadu’s $100m series C.
Suzano and Yara participated in Agrolend’s $145m latest round while Xencor contributed to Zenas BioPharma’s $118m series B.
Several new entrants to the corporate venturing sector could keep the number of active units above their pre-pandemic highs.
Xiaomi provided $68.9m in series C funding for Atech Automotive while Intel and Micron were part of Eliyan’s $40m series A round.
DSG Ventures has launched with five investments and marks the rare instance of a sports retailer launching a strategic fund.
Several new entrants to the corporate venturing sector could keep the number of active units above their pre-pandemic highs.
Cyberdontics' series A round is that rarest of things - a VC investment by a dental company. Why has the sector been underserved, and could it be about to change?
Alphabet led a $1bn round for its life sciences unit, PTT bets on insect startup and corporate-backed Propzy is set to shut down.
Hitachi grows its cell therapy portfolio, SoftBank slims down in India and Foresight Williams backs ID tags for diamonds.
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