FirstCry has led a series A equity and debt round for GlobalBees, an e-commerce aggregator co-founded by FirstCry’s CEO.
Month: July 2021
Corporates united in the US ecosystem
Innovative regions: California, New York, Massachusetts, Texas
Rapid7 gains Intsights in $335m deal
Wipro has made a 4.5 times return on its $4.2m investment in the cyber threat intelligence provider, which has been acquired by Rapid7.
Sumitomo Chemical America promotes Nakashima
A manager at Sumitomo Chemical America since 2016, Yosuke Nakashima has now accepted a senior manager role.
Electric grid girds itself for tense decades ahead
The global electricity market is worth around $3 trillion a year and is only likely to get bigger. But if electricity power generation fails to keep up with demand securely and flexibly, what trade-offs need to be made for which devices gets what level of allocation?
Lozman becomes MD at M Ventures
The internal promotion at Merck Group’s corporate venturing subsidiary followed the departure in May of Jasper Bos.
Matthews takes managing director role at DTCP
Lance Matthews has been promoted from principal, having initially joined the Deutsche Telekom-sponsored investment firm in 2016.
Cencosud hires del Valle for new CVC unit
Del Valle will lead the retailer’s Cencosud Ventures vehicle after almost five years at Telefonica’s Wayra subsidiary.
CVC: a risk and an opportunity for Latin America’s “orange economy”
Comment by Alejandra Luzardo, leader in innovation and creativity, Inter-American Development Bank
GMA Network sets up venture unit
The media company will execute investments, strategic partnerships and M&A deals through newly formed holding vehicle GMA Ventures.
Why CVC reduces risk and multiplies rewards in industrial investing
Comment by Hank Torbert, president of Alta Max, previously operating partner, Potomac Energy Fund
Fifth Wall adds corporations to latest fund
The real estate-focused venture firm has secured Invitation Homes and Ivanhoé Cambridge as limited partners for a decarbonisation-focused fund.
The effect of CVCs on performance
Comment from Selina Troesch Munster, principal, Touchdown Ventures
Structuring a CVC: do not request strategic rights
Comment from Patrick Flesner, partner, LeadX Capital Partners, and Stephan Bank, partner, SMP