Maximilian Schausberger has moved to managing director of Raiffeisen’s Elevator Ventures unit while Christian Wolf will oversee strategic partnerships and ecosystems for the bank.
Month: July 2020
Gojek Xcelerate goes for finalists
The on-demand ride provider has picked three social impact-focused groups from its accelerator’s four cohorts, having named its latest batch last month.
Building a resilient industry
Economic downturns have a way of clarifying the order of priorities.
Intel Capital inserts $253m into Jio Platforms
Reliance’s mobile network spinoff has received more than $250m from the chipmaker’s corporate venturing vehicle at a valuation topping $63bn.
Instacart increases latest round to $325m
The American Express, Comcast and Amazon-backed shopping service is valued at $13.8bn having raised $100m from T.Rowe Price for its latest round.
Bharti and UK win $1bn OneWeb auction
The bankrupt satellite internet system developer, which had raised more than $3bn from multiple corporates, has been acquired by a consortium including existing investor Bharti.
FineEx executes series D round
Baidu Capital was among the investors in a $70.8m round that will support the growth of the logistics services supplier’s warehouse portfolio.
Hyundai Mobis mobilises $20m for VC funds
ACVC Partners and Motus Ventures have received commitments from the car components manufacturer that jointly total $20m.
The Mom Project produces $25m results
The mother-focused recruitment platform developer increased its total funding to about $36m in a round that included new investors Citi and Synchrony.
Fauna attracts $27m
Existing backer GV helped the data storage technology provider hike its overall funding to more than $56m as it appoints a new chief executive.
Curv reaches series A point with $23m
The secure crypto wallet provider has secured CommerzVentures, Coinbase Ventures and Digital Garage Lab Fund as investors in its latest round.
Analysis: Coty gives off $200m to KKW Beauty
Celebrity Kim Kardashian West’s beauty brand raised $200m at a $1bn valuation from beauty brand Coty.
Todorova leaves Sumitomo to plough own furrow
Todorova, who had spent some three years overseeing Sumitomo’s European food and agriculture technology portfolio in Europe, is taking leave.
Kostka joins Altana as corporate venturing head
Altana hired Thomas Kostka after more than a decade at Henkel to head up its coprorate venture capital activities.