Morgan Stanley helped provide $50m for cyber risk analytics provider CyberCube while Geely spinoff Zeekr confidentially filed to raise over $1bn in a US IPO.
Month: December 2022
Corporate Crusaders: A New Dawn?
Corporate investors can be superheroes for startups in times of crisis. But CVC heroes are not all the same, and each type has its nemesis. These are our predictions for how well they will survive 2023.
Edosomwan ventures toward Vivo Energy
GCV Rising Star Demi Edosomwan has departed from TotalEnergies Ventures and joined Vivo Energy as head of new ventures.
Daily Deal Round Up: December 20, 2022
Phoenix Group helped lift Moneyhub’s latest round to $66.9m while Honda Motor and Sungwoo Hitech participated in Helm.ai’s $31m series C.
Axelar enlists investors for $60m Web3 fund
SCB10X and Chorus One are among the partners that will back Web3 startups through blockchain interactivity startup Axelar’s Ecosystem Startup Funding Program.
LVMH latest fashion brand to back climate tech startups
The $200m fund invests in early-stage startups in energy, building materials, food and manufacturing.
MDI Ventures: startup investing in Indonesia is all about being local
MDI Ventures CEO Donald Wihardja tells us why local service providers can prosper where big multinationals can’t, and why his firm is set to facilitate a new wave of corporate VC in Indonesia.
Daily Deal Round Up: December 19, 2022
Chevron Technology Ventures led a $318m series E round for Svante while Divergent Technologies and Aztec Network each raised $100m.
Most corporates planning at least 4 investments a year
Corporate investors are not slowing down their investment activity despite the tough economic climate.
Innovation is our key takeaway from the recent Chinese National Congress
China needs to add more innovation and value to the goods it produces to grow its economy. The recent Chinese National Congress gave a clear indication of supporting this.
Daily Deal Round Up: December 16, 2022
Microsoft, Porsche and Molicel helped Group14 close a $614m series C round while Salesforce was among the investors in Mews’ $185m series C.
The Big Deal: Group14 crowns battery tech’s bumper year
The silicon-carbon material developer added cash from Microsoft Climate Innovation Fund and Molicel to close a $614m series C round as the industry continues to benefit from strategic investment.
Why every company should invest in spacetech
Space is a $1tn plus opportunity, even for companies outside the aerospace sector, and partnering early with new spacetech startups can give companies a head start. But consider these 5 things before you plunge in.
CRH to invest in construction tech through $250m fund
The European building materials manufacturer will fund startups innovating at the intersection of construction and clean energy tech.