M12 has co-led a $34m round for Ox Security’s while SoftBank-backed Solfácil has upped its series C to $130m.
Month: September 2022
Edosomwan leaves TotalEnergies Ventures
GCV Rising Star Ademidum (Demi) Edosomwan has left TotalEnergies Ventures after more than three years at the CVC unit.
The Standout Six: A celebrity joins the CVC party
This week’s key deals included Ryan Reynolds’ Maximum Effort Holdings helping Bending Spoons raise $340m, while GV moves beyond its algorithm and Milan emerges as a startup hub.
Glowing plants that tell farmers when they are under stress — yes, really
In 2017, a team of scientists at the Massachusetts Institute of Technology (MIT) developed alien-like plants that glow to alert farmers when they are attacked by pests or in need of watering. It sounds futuristic but the technology is now being backed by tractor maker Deere & Co and Insurer MS&AD.
Daily Deal Round Up: September 29, 2022
Maximum Effort Holdings was part of a $340m round for Bending Spoons while Tencent and Block took part in Satispay’s $310m series D.
Why corporates in agriculture are focusing on ‘existential threats’
Where does corporate VC fit into food and agriculture in 2022? Global Venturing asked industry figures at one of Europe’s largest agricultural technology conferences to find out.
Daily Deal Round Up: September 28, 2022
Gradient Ventures and Workday Ventures were part of Flatfile’s $50m series B round while KPN Ventures is set to exit ZecOps through an acquisition.
CloudFlare pioneers new startup funding model with $1.25bn scheme
The app security software provider has linked up with 26 venture firms which will invest in its Cloudflare Workers ecosystem through the Workers Launchpad Funding Program.
GVR Podcast: Bill Reichert, Pegasus Tech Ventures
VC-as-a-service is the latest evolution of CVC, says Reichert.
Chevron sees blue hydrogen as key to energy transition
Jim Gable has returned to lead Chevron Technology Ventures at a time when the energy sector has many conflicting priorities.
Daily Deal Round Up: September 27, 2022
Tata Digital provided $200m for BigBasket while Convivialité Ventures took part in an $80m series B round for Not So Dark.
Sion departs from Citi Ventures
Alex Sion, formerly head of market growth at Citi Ventures, has taken up a managing director role at Motive Create.
Malandrin moves to KPMG Brazil
CVC veteran Daniel Malandrin, who was part of GCV Rising Stars and Emerging Leaders rosters, has left DX Ventures and joined KPMG Brazil.
Daily Deal Round Up: September 26, 2022
FTX-backed PayUp agreed to merge with IG Acquisition while multiple corporates participated in Line Man Wongnai’s $265m series B round.