The cement producer made its first financial bet on construction-grade 3D printing following a partnership between its mothership and its new portfolio company.
Month: July 2022
Daily Deals Round Up: July 25, 2022
Lazada Group and Touch ‘n Go provided $168m for online payment platform developer TNG Digital while Arab Bank Accelerator was among the investors in Cartona’s $12m series A round.
Bertelsmann explores spinoff strategy with $700m BAI Capital fund
BAI Capital is the second Asian venture affiliate of the media group to close a huge fund in the past month, having brought on limited partners including internet and insurance groups.
VIDEO: ‘I have had 5 bosses in 5 years’
How to navigate the economic downturn is top of mind for executives of corporate venturing units. Ben Wright, vice president of 3M Ventures, the corporate venturing arm of multinational conglomerate 3M Company, says having a charter outlining the organisation’s guiding principles helped it to steer through management changes.
Is quantum computing ready for corporate investment?
Thirteen corporates invested a total of $1.31bn in quantum computing start-ups in 2021. That is a 68% rise from 2020. But is this nascent sector ready to see even bigger corporate cheques?
Cleantech is the bright spot as energy deal values fall
The dollar valuation of corporate-backed deals in the energy sector dropped sharply in Q2. Cleantech deals are the only exception.
Decarbonisation is a $4.5tn opportunity
There has never been a better time for corporates to invest in this sector, says Meghan Sharp, Global head of Decarbonization Partners.
Renewable hydrogen takes centre stage in clean energy shift
In May this year, the European Union (EU) set out its plan to eliminate its dependence on Russian fossil fuels by 2030. Its REPowerEU directive put hydrogen at the forefront of its clean energy transition. The €300bn ($310bn) strategy drastically scales up the use of renewable hydrogen, calling for the import of 10 million… Continue reading Renewable hydrogen takes centre stage in clean energy shift
Doral-Tech’s sunshine and moon-mining energy bets
Being from a small country with few resources, Doral Energy has had to innovate fast. Its CVC is no different.
CVC investment doesn’t boost startups financially
But there are other benefits for both sides, researchers find.
Daily Deals Round Up: July 22, 2022
SAIC Motor’s Shang Qi Capital vehicle led RT Advanced Materials’ $740m series D round while Contentsquare pulled in $600m from investors including SoftBank Vision Fund 2.
Boeing latest to boost investment in aerospace and defence
Boeing’s latest $50m investment in a fund that will support aerospace and defence startups is part of a series of similar corporate-backed deals that come against a backdrop of growing geopolitical tensions.
Daily Deal Round Up: July 21, 2022
Intesa Sanpaolo Group helped online property marketplace Casavo pull in over $400m while collaborative robotics developer Jaka raised $150m from investors including SoftBank and Saudi Aramco.
PGA of America creates golf-focused investment fund
The professional golfing body has joined forces with sport-focused firm Elysian Park Ventures to launch strategic fund EP Golf Ventures.