The CVC unit’s $266m fund will focus on insurtech and fintech startups, having backed three VC funds: Mundi Ventures, Speedinvest and Dawn.
Month: November 2023
The Big Deal: Seurat paints the way to the future for 3D printing
Several corporate investors were involved in Seurat raising $99m, promising increased speed and precision for its metal printing technology along with a lower carbon footprint.
6 ways to make your CVC investing more diverse
Diversity is still woefully lacking at most VC firms — and in the companies they back. Here are some ideas on how to change that from people who have done it.
Ex-M12 employee launches $350m biotech fund
Venture capital firm Bioluminescence Ventures emerges from stealth with two funds supported by institutional investors.
Snowflake launches $100m software startup fund
The data and cloud-based services provider will invest in startups developing software based on its own apps.
Corporates drawn to Brazil’s fast-growing venturing market
Delegates’ optimism was palpable at the 7th annual GCV’s Corporate Venture in Brasil conference in Sao Paulo last week.
Grupo Bimbo joins Kamay Ventures
Kamay Ventures already handles startup investments for Coca-Cola and Arcor in Latin America and has added the Mexican bakery group to its LPs.
Nikon and SBI Group launch $33m investment fund
The Japanese corporations have collaborated to launch the Nikon-SBI Innovation Fund II.
Solibieda departs BASF Venture Capital
Solibieda will be responsible for large private equity investments in Saudi Arabia’s chemical and metal sectors.