AAA December 2013 – Page 4

Balfour Beatty backs energy company

Balfour Beatty, a UK-listed infrastructure construction company, is using its corporate venturing unit to provide half of a £24.8m ($40m) equity investment to form a local start-up to use recovered wood as a source of energy to homes. Balfour Beatty Investments, formerly known as Balfour Beatty Capital Group and a provider of public-private partnerships for… Continue reading Balfour Beatty backs energy company

Collaboration, community, connections

The programme includes participation in the IBF Corporate Venturing and Innovation Partnering Conference with facilitation and additional quality contacts provided by our years of attending and running discussions at the event. To find out more about the 2014 programme running from February 10-14 and the Global Corporate Ventur-ing dinner go to www.corvennetworks.com or email andrew.gaule@corvennetworks.com.

Gaule’s Question Time: John Suh, Hyundai

Gaule: Give a brief description of what you do, the purpose of your venture fund and when it was formed. Suh: Hyundai Ventures is Hyundai Motor’s US corporate venturing and partnering office in Menlo Park, California. Hyundai Motor invests from its balance sheet. It opened its corporate venturing operations in Korea in 1999 and launched Hyundai Ventures in January 2012. We… Continue reading Gaule’s Question Time: John Suh, Hyundai

Year End Survey

Respondents to our year end survey seemed generally enthused by the pace of technological change and the way that technology is rapidly changing the markets in which their parents operate.

Dell Ventures charged with renewed ambition

Dell Ventures, Dell’s strategic investment arm, has ramped up its commitment to corporate venturing by establishing a $300m Strategic Innovation Venture Fund. The new fund incorporates Dell’s existing $60m Dell Fluid Data Storage Fund – established in 2012 – while the scope of investments, as well as the existing focus on storage, has been broadened… Continue reading Dell Ventures charged with renewed ambition

GCV Powerlist™ 2013: Bruce Niven, Aramco Energy Ventures

Bruce Niven became chief investment officer at Saudi Aramco Energy Ventures this year but has worked at the unit for more than two years. He was previously director of clean-tech venturing and corporate development at Japan-based trading and investment company Itochu. Before that he was founder and managing director of mass interactive events application company… Continue reading GCV Powerlist™ 2013: Bruce Niven, Aramco Energy Ventures

GCV Powerlist™ 2013: Bruce Niven, Saudi Aramco Energy Ventures

Bruce Niven became chief investment officer at Saudi Aramco Energy Ventures this year but has worked at the unit for more than two years. He was previously director of clean-tech venturing and corporate development at Japan-based trading and investment company Itochu. Before that he was founder and managing director of mass interactive events application company… Continue reading GCV Powerlist™ 2013: Bruce Niven, Saudi Aramco Energy Ventures

GCV Powerlist™ 2013: Daniel Heaf, BBC Worldwide

Daniel Heaf was made executive vice-president and managing director of consumer digital at UK state-owned broadcaster BBC in March, after two years as BBC Worldwide’s digital director. Heaf oversees all BBC Worldwide’s global consumer-facing digital businesses and is responsible for driving a unified global digital strategy and consumer vision, in addition to his existing strategic… Continue reading GCV Powerlist™ 2013: Daniel Heaf, BBC Worldwide

GCV Powerlist™ 2013: Richard Erskine, Statoil Technology Invest

Richard Erskine, head of Norway state-owned Statoil’s corporate venturing unit, moved to the oil major last year from venture capital firm Energy Capital Management (ECM). ECM had managed Statoil’s portfolio companies but the oil major brought new and some existing deals back in-house under Statoil Technology Invest as the venture firm picked up a mandate… Continue reading GCV Powerlist™ 2013: Richard Erskine, Statoil Technology Invest