The New Zealand dairy producer’s Nutrition Science Solutions unit has disclosed a $10m investment in US microbiome startup Pendulum.
Month: June 2023
Nadur moves up at BP Ventures
GCV Emerging Leader Sophia Nadur has taken up an acting managing director of Europe and rest of world role at BP’s CVC unit.
5 things you should know about investing in Estonia
The Baltic nation is a hotspot for tech startup formation and has attracted international corporate investors.
Qpinch tackles industry’s waste heat problem
The Ghent University spinout claims to transform waste heat into carbon neutral process heat to generate industrial heat or steam
Corporate funding stabilises in May as industrial and transport deals pick up
The downward trend of CVC deals showed signs of flattening in May 2023 with industrial and transport sectors and geographies like Japan, China and the UK showing year-on-year increases.
Kato moves up at Woven Capital
Woven Capital, the Toyota-backed investment fund, has promoted former principal Michiko Kato to partner at after nearly three years.
Bosn moves to UFP Ventures
UFP Industries has hired Ross Bosn, formerly corporate strategy lead at Owens Corning, as a ventures principal for its nascent CVC unit.
The Big Deal: Helium Health heads Nigeria’s new wave of tech startups
Helium’s $30m series B attracted several international corporates, and its healthcare software suite is an example of how Nigeria’s companies are moving on from traditional areas like fintech.
“Hope is not a strategy,” says MSD GHI’s Taranto
It is time for startups and investors to get pragmatic about down rounds
Homes built with hemp can decarbonise housing says Natural Building Systems
For the construction sector to become carbon neutral by 2050 it will need to rethink the materials it uses. Hemp is a potential alternative.
GV names four new general partners
Brendan Bulik-Sullivan, Crystal Huang, Frédérique Dame and Issi Rozen have been promoted from partner positions at the early-stage Alphabet fund.
How to manage a new boss who wants to cut spending
The economic downturn has made corporate venture capital units vulnerable to restructurings and budget cuts. What should you do when the mothership assigns you a new boss who wants to change direction?
Magid leaving IBM Ventures
Deborah Magid will leave IBM at the end of this week as strategy role is eliminated at the computing company’s CVC.
Chung and Kuchan leave Hyundai Cradle
Insiders are concerned about the future of the corporate investment unit after the two senior-level departures.