Parin Shah’s interim position came after the unit announced its closer integration with Lego’s parent firm, Kirkbi.
Month: October 2022
Daily Deal Round Up: October 31, 2022
Sumitomo participated in Zebra Labs’ $5m round while investors including FTX Ventures and Aptos provided $3m in pre-seed funding for Martian.
Would things have been different if Twitter had been a more active investor?
Twitter had been an infrequent corporate venturer with more of a focus on acquisitions. But it had ramped up activity in the past year.
Insights trump commercial deals as main reason to invest in startups
Some 31% of corporate investors told us that the main thing they wanted to get from their startup investments was insights.
Fewer dollars and fewer exits for O&G investors
The value of corporate-backed deals in the energy sector dropped in Q3 but the overall pace of deal making remains steady.
Daily Deal Round Up: October 28, 2022
Octopus Energy Generation invested $127m in Be.EV while Centene Corporation and HopeLab took part in Hazel Health’s $51.1m series C1 round.
The Big Deal: HeyRitual targets the couples economy
The Samsung-backed relationship therapy app developer has just raised pre-seed funding as part of what could be a vanguard of startups catering for couples.
Daily Deal Round Up: October 27, 2022
Battery recycler Ascend Elements and Geely spinoff Farizon each raised $300m while Saudi Aramco launched a $1.5bn Sustainability Fund.
Haney takes venture role at AltaML
The technology mogul has reported his new position after serving two years at the fast-growing technology corporation ApplyBoard
Talent agency UTA eyes up creator economy investments
The talent agency, which represents everyone from Arnold Schwarzenegger to the D’Amelio sisters, is investing in the creator economy together with Investcorp.
The secret to creating a long-lasting CVC unit
Only a small portion of CVCs have lasted longer than two decades. Here are their secrets to staying the course.
How Johnson & Johnson Innovation lasted 5 decades
The oldest standing CVC in the world owes its staying power to discipline, adaptability and unwavering management support says Debi Watson.
Chevron’s five keys for CVC longevity
There are five key factors that have helped the US oil and gas company’s corporate investment unit keep going for 23 years.
Applied Ventures – rigour and cooperation for longevity
Strong collaboration between Applied Materials and the startups Applied Ventures invests in is part of the reason the CVC unit has kept going so long.