GCV Rising Star Grace Chan has been promoted to principal by BP’s corporate VC subsidiary after two years in an associate position.
Month: July 2022
FTX’s cut-price BlockFi acquisition option a warning for investors
The debt finance deal gives FTX the chance to buy crypto management tool developer BlockFi for up to $240m – less than 10% of its last valuation – and the news should be making equity investors nervous.
Bloomberg Beta budgets $150m for new funds
The Bloomberg-sponsored venture firm, which focuses on the future of work, has put $75m each into a fourth fund and an opportunity fund, and now has $375m under management.
Global Venturing Review: Powering the future with Roee Furman – Doral Energy-Tech Ventures
Roee Furman of Doral Energy-Tech Ventures sits down for a chat about investing in the future of energy.
Daily Deal Round Up: July 4, 2022
Astra Group took part in a $41m round for digital bank Yap while GV led artificial intelligence developer platform Modular AI’s $30m seed round.
Danusaputro leaves Mandiri Capital
The unit chief left one month after the head of venture funds’ own exit.
Nine things we learned at the GCVI Summit
We’ve condensed down three days of talks, networking and demos at the GCVI Summit in Monterey into these insights.
Cheng leaves Philips Ventures
The nine-year Philips veteran is joining Ascension Ventures as medtech and life sciences investment leader.
Taneja takes lead at OSF Ventures
The management change comes as OSF Ventures launches its third and biggest fund to date.
Devon Energy explores low-carbon tech through new venturing unit
Devon Energy Ventures manager Kyle Haustveit tells GCV the team recently closed a third fund investment, after the parent firm’s first two commitments to Altira Group Fund VI and VII. Devon Energy was the top performing stock on the S&P 500 in 2021.
Daily Deal Round Up: July 1, 2022
Three carmakers helped semiconductor producer CanSemi raise $670m while 574 Invest, RATP Group and Groupe Chopard backed a $167m round for vehicle charging network Electra.