Amazon is making the team running the $1bn fund redundant as part of the more than 18,000 layoffs announced recently.
Month: January 2023
Carbon capture on the cusp of mass deployment after tech advances
Large corporates are investing heavily in carbon capture projects as the technology becomes ready for the mainstream.
Daily Deal Round Up: January 23rd, 2023
SK, Sinopec, Fosun, Sanyi, Xiamen C&D and Hana Financial were part of Kuntian New Energy’s funding that took its pre-IPO round to $295m.
GC Ventures: Why we invested in Boston Materials
The carbon fibre composite market is tough for startups but GC Ventures saw that Boston Materials was uniquely positioned to do well.
Daily Deal Round Up: January 20th, 2023
DaVita took part in Pathalys Pharma’s $150m round while Qualcomm and Samsung were part of Quantum Machines’ $70m series B.
Verizon Ventures appoints new leaders from inside the company
The appointments are designed to tie the ventures team more directly to the parent’s corporate strategy.
The Big Deal: SCG cements Sublime series A round
Sublime Systems raised $40m for its decarbonised cement technology as corporates like Siam Cement Group seek to cut sky-high emissions from building materials.
Zeb climbs to general partner at GV
Sangeen Zeb has become GV’s latest general partner, 18 months after joining the unit as a fintech and enterprise software specialist.
Daily Deal Round Up: January 18th, 2023
Legend Capital led GenScript ProBio’s $224m series C round while Naver helped Wallapop increase its series G to $278m.
What is hot for fintech investors in 2023?
Capital One Ventures’ Jaidev Shergill and SCB 10X’s Tai Panich are eyeing up embedded finance tools, blochchain banking and more.
Michael Young retires from Caterpillar Ventures
Michael Young leaves after 17 years at the construction equipment manufacturer.
Allcargo finds Northstar for logistics VC partnership
Less-than-container-load specialist Allcargo has harnessed venture firm Northstar.vc for a partnership that will combine on supply chain technology investments.
Daily Deal Round Up: January 18th, 2023
Paypal participated in a $58m round for buy now, pay later service Tabby while Toyota backed carbon-absorbing tree developer Living Carbon’s $21m series A.
GVR Podcast: How to do defence tech well
Defence is not an easy industry to operate or invest in, but RTX Ventures’ Dan Ateya lays out how they help startups navigate it.