AAA March 2018 – Page 19

Rombaut shoots to Seraphim

Frédéric Rombaut, formerly managing director of corporate venturing funds for network equipment supplier Cisco and mobile semiconductor technology provider Qualcomm, has joined UK-based venture capital firm Seraphim Capital as general partner. Seraphim has raised a $95m fund focused on the $350bn space technology market, and plans to launch an accelerator called Seraphim Space Camp and… Continue reading Rombaut shoots to Seraphim

Intel’s Jorgensen forges new path to Macquarie

Erik Jorgensen has left Intel Capital, the corporate venturing subsidiary of US-listed semiconductor technology provider Intel, to be managing director of Macquarie Capital’s European principal investment business. Macquarie Capital is the corporate advisory, capital markets and principal investment arm of Australia-based investment and banking firm Macquarie Group. Reporting to Hugh Briggs, a senior managing director… Continue reading Intel’s Jorgensen forges new path to Macquarie

Corporate venturing deal net: 26 February-2 March 2018

Technology and trading firm Susquehanna International Group invested $5m in UK-based online and mobile financial trading technology developer TigerWit yesterday. The funding will be invested in developing the company’s mobile trading technology, including the use of blockchain in the trading process. Tagnos, a US-based developer of automation technology for clinical healthcare logistics processes, raised $5m… Continue reading Corporate venturing deal net: 26 February-2 March 2018

Startups board JD.com’s AI Catapult

E-commerce and logistics group JD.com will accept five artificial intelligence (AI) and blockchain technology startups into a China-based accelerator called AI Catapult later this month. AI Catapult was formed to add to JD.com’s experience with AI, which it already uses for processes such as automation and customer service. The corporate also hopes to learn more… Continue reading Startups board JD.com’s AI Catapult

Corporates pick out Magazino for investment

Germany-based robotics provider Magazino has completed a $24.8m financing round led by Körber Group, a diversified conglomerate that operates in industries such as automation, logistics and industrial equipment. E-commerce company Zalando, supply chain services provider Fiege Logistics and Cellcom Resources, an investment vehicle for Peter K. K. Lee, a vice-chairman of conglomerate Henderson Group, also… Continue reading Corporates pick out Magazino for investment