Harel Group took part in DriveNets’ $262m series C round while UBS Next and and Wells Fargo Strategic Capital pumped BigPanda’s series E to $210m.
Month: August 2022
G42 harnesses Abu Dhabi cash to launch $10bn fund
As SoftBank’s Vision Funds pull back, another monster-sized corporate fund emerges. Abu Dhabi Growth Fund is bankrolling a growth-stage fund managed by cloud and AI company G42.
Nuclear fusion is getting hot for investors — here’s why
It is an old joke that nuclear fusion power is 30 years away, and always will be. The joke is now looking outdated as the technology finally reaches a stage where investors feel comfortable writing cheques for hundreds of millions of dollars towards its development.
Daily Deal Round Up: August 17, 2022
Virgin Group helped its cruise ship spinoff, Virgin Voyages, raise $550m while American Express Ventures lined up two M&A exits.
Vollaard leaves Rabobank to join Royal Agrifirm Group
After 25 years at the bank, Harrie Vollaard is taking a strategy role with Dutch cooperative enterprise Royal Agrifirm Group.
Loftus moves to PayPal Ventures
James Loftus, formerly Square’s global head of corporate development, has joined PayPal Ventures as managing partner.
Daily Deal Round Up: August 16, 2022
Galaxy Digital called off its $1.2bn purchase of BitFury-backed crypto wallet developer BitGo while SK Group helped nuclear technology developer TerraPower raise $750m.
Future Energy Ventures spins out so it can “scale faster and accelerate”
Pulling in more companies and getting more investment capital were the key reasons Future Energy Ventures split from E.ON, says managing partner Jan Lozek.
Obaseki to lead growth investments for ZX Ventures
GCV Rising Star Daniel Obaseki took over as global head for growth investments at AB InBev’s venturing subsidiary.
Daily Deal Round Up: August 15, 2022
Legend Capital-backed clinical services provider R&G Pharmastudies floated in a $174m initial public offering while several corporates exited Pymetrics in an acquisition by Harver.
Olympus invests in endoscopy AI, eyes up urology and respiratory care next
The Japanese medical equipment maker is looking for more medtech startups working on minimally invasive technologies.
Daily Deal Round Up: August 12, 2022
Spin Master has joined forces with Nørdlight while Aspen Digital and Coinhako took part in Merkle Science’s series A extension.
MongoDB brings in Patel to lead its venture arm
Suraj Patel has left VC firm Bow Capital after six years and will head the data software group’s corporate venturing arm, MongoDB Ventures.
Nasrolahi joins InMotion Ventures
InMotion has hired Nasrolahi as principal to supercharge its strategic investments into sustainable automotive startups