In the second part of our look at the year’s corporate venturing trends, we analyse fintech and enterprise bull markets along with some emerging regions.
Month: December 2021
Aviva commits $67m to funds
Its first commitment of undisclosed amount is into the Clean Growth Fund.
Nexen Tire drives to first deal
Nexen’s Next Century Ventures has invested in US-based ANRA Technologies.
First Rate sets up CVC unit
First Rate Ventures has $25m for seed investments over the next three years.
Bupa Arabia commits to Global Ventures
Bupa Arabia’s participation in Global Ventures Fund II is as strategic partner.
Locaweb adds CVC program
Valetec Capital Investments will manage the investments.
Cross-Border Impact Ventures adds health fund
The fund will primarily invest in medical device, diagnostic, and digital health companies.
CVC in 2021: The Trends, Part One
In the first part of our look at 2021’s corporate venturing trends, we examine the growth in funding, IPOs and SPAC mergers, a big year for M&A and the emergence of CVC in new sectors.
SenseTime scores $851m in initial public offering
The corporate-backed image recognition technology producer has gone public in Hong Kong as the Chinese government introduces new regulations governing foreign IPOs.
Noske joins NGP Capital
He will run NGP Capital in Berlin, Germany.
FirstEnergy commits again to EIP
Energy Impact Partners adds electricity distributor to its second fund.
Sapphire hires Steinberg for sports
Backed by SAP, Sapphire Ventures closes Fund VI and builds its Sport team.
Norwest hires Aynechi after fund close
backed by US bank Wells Fargo, Norwest has closed its sixteenth fund at $3bn.
Databricks sets up venture fund
Databricks Ventures said it would “aggressively seek out the most innovative companies and technologies”.