Erik Sebusch joins US-based venture capital firm CMEA Capital in a new role of partner to manage its strategic relations.
Month: September 2010
Bell rings for Jumptap job
George Bell, a managing director of venture capital firm General Catalyst, replaces Daniel Olschwang, who will remain on Jumptap’s board.
ZTE forms corporate venturing unit
ZTE Capital Management launches with RMB300m commitment from parent, China-based telecommunications equipment maker ZTE.
Icos closes fund with Dutch companies’ backing
Icos Cleantech Early Stage Fund II has Netherlands-listed industrial companies Royal BAM Group, CSM and Imtech as investors.
Dauphinais joins Aster to head US office
Chicago-based Todd Dauphinais was the former president of US-based EFI Electronics and joins Aster Capital to open its North America branch.
Nestlé uses venture investments to spark drugs war
Switzerland-based food company Nestlé has used its €650m ($872m) corporate venturing funds to help start a health science division from January. Nestlé plans to invest SFr500m ($510m) over the next decade to tackle obesity and chronic disease through the division and has moved Luis Cantarell from running its Americas region to "pioneer a new industry… Continue reading Nestlé uses venture investments to spark drugs war
Four investors power up BrightSource Energy
Russian government venture capital fund, an international venture capital fund and two unnamed private strategic investors join $176m series D round investment consortium for BrightSource Energy.
Battelle draws line for nanotech deals
Battelle-backed 360ip links with Russia and Singapore state funds for nanotechnology fund in Asia.
Chegg raises further $75m
Hong Kong-based Ace Limited reportedly backs Chegg.com, a US-based online marketplace for textbook rentals.
Astellas stars in DecImmune round
Astellas Venture Management invests $1m in DecImmune Therapeutics.
Indian Oil prepares clean energy surge
Indian Oil to invest in tidal, solar and wind energy and enter a joint venture with Nuclear Power Corporation of India.
Repsol greases AlgaEnergy deal
Spain-based oil group Repsol acquires a fifth of biofuels company AlgaEnergy.
STV screens for Mirriad shot
veteran broadcaster Peter Bazalgette joins Mirriad as chairman as company closes round with STV Group backing.
T-Venture caught in Innovid
Deutsche Telekom joins Innovid’s series A round consortium.