Bastin will run corporate development activities for the Francisco Partners-backed auto tech company.
Month: April 2024
Regeneron Pharmaceuticals forms $500m venture capital fund
Regeneron Ventures will invest in biopharmaceutical and healthcare technology startups.
The future of the pharmaceuticals supply chain is autonomous
The future of the pharmaceutical supply chain lies in the ability to predict, prescribe, and automate, says Joe Volpe, managing director of MSD Global Health Innovation Fund.
Healthcare needs to streamline before it can cope with AI
While generative AI is the word on every investor’s lips, hospital systems are still far from being able to benefit from this technology. The biggest hurdle to overcome? IT systems.
Carbon capture deals dominated energy investing in Q1
Clean energy in general and carbon capture projects in particular were the key focus for energy sector investors in the first quarter of this year.
Drinks maker Beam Suntory launches investment unit
Venture services firm Mach49 has helped the owner of alcohol brands Jim Beam, Maker’s Mark and Yamazaki to launch the CVC initiative.
Toyota Ventures gets $300m injection
Frontier Fund II and Climate Fund II have each received $150m to further explore technologies like AI and renewable energy for the carmaker.
Metalab launches $15m CVC unit
Metalab Ventures, backed by the interface design firm and other investors, will seek product-led startups from pre-seed to series A stages.
Rio Tinto to back seed startups through $9.5m accelerator
The joint programme with Founders Factory will target technologies strategic to the mining industry such as decarbonisation and automation.
Bose looks to CVC to overcome trillion-dollar ‘Big Tech’ rivals
Bose Ventures is exploring software investments and M&A as its speaker and earbud manufacturer parent competes with Apple and Amazon.
CVC Unplugged: How Cencosud Ventures learned to go against the grain
A partnership with Cornershop during the pandemic opened Chilean retail giant Cencosud’s eys to startups. Its new CVC arm now isn’t afraid to be contrarian.
Five global retailers launch $125m VC fund, W23 Global
The joint fund will invest in strategic areas like supply chain and sustainability for Tesco, Ahold Delhaize, Woolworths, Empire and Shoprite.
Yamaryo heads Itochu Technology Ventures
Yamaryo worked in business development and investments before leading the CVC.
Alves departs from Gerdau Next
Alves has accepted a new position at Brazilian cosmetics distributor Grupo Boticário.