Siemens, Docomo and Nvidia chipped into Skydio’s $230m series E round while Yuexiu and Xiamen C&D helped lift Immorna’s series A to $115m.
Month: February 2023
Christina Cameron joins Ørsted ventures team
The former manager of corporate strategy at US energy company Constellation joined the Danish renewable energy company this month.
HTGF harnesses 45 corporates to close $524m fund
Seed-stage investor High-Tech Gründerfonds secured backing from a range of German corporates for its fourth fund, taking its total capital under management past €1.3bn.
Heo advances at Hyundai Cradle
Keunhaeng Heo has accepted a new position at Hyundai Cradle, where he will serve as the corporate venture arm’s senior investment manager.
NGP Capital: learnings from a 15-year fund cycle
NGP Capital’s second fund produced six unicorns and top quartile returns while navigating significant change at Nokia, its corporate partner. Managing partner Paul Asel shares 6 insights others can take from the experience.
Deal Roundup: Magic Eden Ventures invests in 11 companies
Magic Eden‘s CVC arm backed 11 startups while Mitsubishi Electric, Mitsubishi and FEL took part in Astroscale’s $76m series G round.
TDK Ventures unveils India hub
Siddharth Mehta and Varadharajan Ranganathan will help TDK’s CVC arm invest in cleantech, EV and industry 5.0 startups based in the country.
Garratt joins US Venture Partners
GCV Rising Star and former Salesforce Ventures managing partner Matthew Garratt has joined US Venture Partners as a general partner.
Deal Roundup: FreshToHome hosts $104m series D
Amazon Smbhav Venture Fund led FreshToHome’s $104m series D round while CarTrade and BRB Banco de Brasília both launched venture funds.
The Big Deal: Web3 stays strong at seed stage as Kratos raises $20m
Kratos Studios and Chaos Labs each secured $20m, part of a raft of rounds this week showing corporates are still backing new Web3 startups despite the FTX fallout.
Willinger departs from Coinbase Ventures
GCV Rising Star Steven Willinger has left the crypto platform’s CVC unit, where he helped lead venture deals.
How to break the ‘not-invented-here’ curse: 5 lessons in open innovation
ABB Electrification has learned a lot about working effectively with startups in the three years since it started the Startup Challenge programme.
Persson progresses at Scania Growth Capital
After a year and a half at Scania’s CVC unit, Jessica Persson has taken up the head of venture capital and M&A role.
Deal Roundup: PCG Power generates nearly $73m in series A round
Jielong Industry Group and Nio took part in the first close of PCG Power’s $72.7m series A round while NAB led Datamesh’s $30m series A.