Envision Group’s Envision Digital subsidiary raised $210m in series A funding while Sarnoff Corporation’s Intuity Medical spinoff will shut down at the start of July.
Month: June 2022
Raytheon’s RTX venture arm plans to build defence ecosystem
Investment in defence startups is at record levels this year, with Raytheon the latest to set up an investment arm. This is their strategy.
Daily Deal Round Up: June 6, 2022
SAIC Motor and GAC Group took part in industrial software developer UniVista Industrial’s $164m pre-series A round while multiple corporates helped biotech incubator Doma Biopharmaceutical raise $142m.
SC Ventures: figuring out what people really want from banks
Hint: it’s growth, welfare, sustainability — and cryptocurrency, believes Standard Chartered’s CVC unit chief, Alex Manson.
Global Venturing Review: Alex Manson – SC Ventures
Alex Manson, global head of Standard Chartered’s SC Ventures, joins GVR to talk about investing in modern fintech.
VC and geopolitics — when deeptech becomes the new oil for China
If venture is a “pillar of national importance,” then China has developed its soft power skills well, especially in deeptech.
Rising Stars Q&A – Daisuke Mitani, KDDI Open Innovation Fund
Q&A with Daisuke Mitani, senior director, KDDI Open Innovation Fund
Crypto spawns new breed of CVC
With a new $500m vehicle, Binance became the latest crypto company to amass huge piles of capital to build up the industry.
Daily Deal Round Up: June 1, 2022
Biren Technology helped provide $120m for CPU producer HJ Micro while ArcelorMittal is set to invest $100m a year through its XCarb Innovation Fund and Accelerator Programme.
New UK laws draw innovators into hunt for foreign agents
Researchers or investors could face jail terms if they work with someone they “ought to know” is under the direction of a foreign power.
Rimac’s $536m round heralds survival fight for EV startups
SoftBank Vision Fund 2 and Porsche were among the investors in a late-stage round indicating the need for additional cashflow as new vehicle developers see the public markets shut off.
Google backs ShareChat as Indian corporate-backed media deals grow
Corporate-backed media deals topped $1bn last year and this year looks to be on track to outpace 2021.