Seçkin Yelmen, managing director and head of Sabancı Ventures, is one of the 100 leading corporate venturing professionals in our 2024 Powerlist.
Month: June 2024
Sony Ventures to go global for its next fund
Sony’s venture arm plans to look to Europe and beyond for backers when it launches its next fund, as it expands to Africa and seeks content as well as tech.
MSD’s venture unit plans $38m spending in Europe and Asia
MSD Global Health Innovation Fund will partner with MSD Idea Studio in Singapore and Berlin to identify investment opportunities.
Soler Blasco promoted to lead Hilti Venture
After three years as a director at the CVC unit, Antonia Elisa Soler Blasco will lead the team across San Francisco, Boston and Tel Aviv.
Japanese electronics maker Edion launches $63m CVC to address ageing population
Co-managed by Innoh Associates, the CVC unit will operate for seven years and back strategic areas such as marketing, retail, energy and AI.
Novel engines and space repairs: 4 emerging spacetech startups to watch
Europe is trying to create its own SpaceX effect, with a growing focus on backing smaller and nimbler spacetech companies.
UK retail customer data firm Dunnhumby launches innovation network
Customer analytics platform Dunnhumby and its CVC unit will run the networking scheme to help match retail startups, partners and investors.
CVC is key to making South Africa a startup hotspot
South Africa’s strong fintech sector, financial and regulatory systems make it an opportunity for foreign investors, but local corporates need to help seed the startup ecosystem.
Alpha Club Musashino launches CVC to seek funeraltech
The $11.4m fund will be co-managed by M&A consultancy Paradigm Shift, and it is part of the funeral firm’s 70th anniversary business plan.
Natura Ventures launches with $9.2m to back Brazilian beauty startups
The Brazilian beauty and wellness group’s CVC unit will target seed-stage opportunities in circularity, beauty and customer service segments.
‘Pre-seed investing is where the value is’ – Jaguar Land Rover’s CVC
InMotion Ventures has shifted to pre-seed investing where it says it bring the most value to startup with its expertise in R&D, automotive design and testing.
Fujitsu Ventures starts impact investing
The IT conglomerate’s $64m CVC subsidiary has made its first impact investment in microfinance service Gojo & Company.
Time to join the strip club?
The awkwardly named strip sale is an increasingly popular option for CVCs who want to generate liquidity from their portfolio, while keeping their upside and their portfolio company relationships.
Taiho Innovations increases capital to $32m
Taiho’s Japanese university spinout-focused CVC arm’s capital injection came five months after its US sister unit got an additional $100m.