The Microsoft and Green Bay Packers-backed VC firm is raising a second vehicle more than triple the size of its predecessor, according to a filing.
Month: June 2022
Daily Deal Round Up: June 27, 2022
Prosus helped B2B e-commerce platform ShopUp lift its series B round to $174m while SPIL Ventures co-led a $70m series C for trucking optimisation platform Deliveree.
Seae Ventures seeks diverse healthtech founders
Healthcare venture firm Seae Ventures’ founders had previously set up corporate VC unit Zaffre Investments only to face issues surrounding independence and regional focus.
Daily Deal Round Up: June 24, 2022
SoftBank led contract management platform developer LegalForce’s $102m series D round while several corporates exited logistics service provider GogoX in an $85m IPO.
Lindener joins Mach49 to build out European operations
Lindener founded an in-house company builder at Airbus but now wants to share what he learned from that experience.
How to hire (and keep) a great CVC team
Corporate venturing units see the looming recession as an opportunity to hire experienced VC professionals who soon may be out of work. As the economy contracts, some venture capital firms and CVCs are expected to close or pare back operations and corporate venturing firms will be waiting to scoop up the staff. “We see it… Continue reading How to hire (and keep) a great CVC team
Daily Deal Round Up: June 23, 2022
A range of corporates helped hydrogen system developer Electric Hydrogen raise $198m while Shell and Chevron backed fusion energy system developer Zap’s $160m series C.
Rising Stars Q&A – Andrew Byrnes, Micron Ventures
Q&A with Andrew Byrnes, VC director, Micron Ventures
Coinbase chooses Choi to run Asia-Pacific investments
Justin Choi, who had previously headed up corporate development at Go-Jek for four years, is set to do the same for Coinbase and its CVC arm in the Asia-Pacific region.
Daily Deal Round Up: June 22, 2022
Illumina and Celgene could exit genome researcher Human Longevity in a reverse merger while Openly raised $75m from investors including Advance Venture Partners and Gradient Ventures.
Transforming Toyota into a mobility company of the future – Q&A with Woven Capital
Woven Capital managing director George Kellerman tells GCV about the fund and how it works with Toyota Ventures and Toyota ahead of his spotlight interview on the first day of this year’s GCVI Summit.
Combes steps down as SoftBank exodus continues
Michel Combes is leaving his position as CEO of SoftBank Group International after just five months, the latest in a string of high-level investor departures at the corporate.
Here’s what a typical CVC unit looks like
Asian, fintech-focused and less than seven years old – some of the CVC trends we saw when compiling the Global Corporate Venturing Directory.
Daily Deal Round Up: June 21, 2022
Gene-sequencing technology producer Axbio raised nearly $100m in a round co-led by AstraZeneca-CICC Investment Fund while Eli Lilly helped Forbion Growth Opportunities Fund II to a $504m first close.