Paul Price departed from IBM Ventures after more than a decade in various innovation and M&A integration roles.
Month: August 2024
CVC-as-a-service group Valetec Capital launches venture builder
As the Brazilian CVC market starts to cool, Valetec is looking to diversify its business with a venture building division.
Thai bank Krungsri’s CVC launches $38m private equity trust
Finno Efra will invest in Thai and Southeast Asian seed to pre-series A tech startups, supplying up to $1.2m per deal.
24-fold increase in Japanese corporate venture capital in the past decade
A growing wave: corporate-affiliated capital for startup investments has gone from $140 in 2013 to $3.4bn according to a recent survey.
Latin American innovation firms team up to catch market boom
Seven years ago the market was nascent, now even smaller corporates want to tap startup style innovation. Innova360 and Bluebox merged in part to make the most of that wave.
Gonzalez to head frozen food maker Sigma’s CVC
Ciro Gonzalez, formerly an investment associate at CVC unit Munich Re Ventures, has been appointed as head of Sigma Ventures.
Intel Capital alumna Ishimwe joins US Department of Commerce fund
Josiane Ishimwe, who spent three years at Intel’s CVC unit, will help the US Department of Commerce’s Chips Investment Office make semiconductor investments.
Indian oil company BPCL announces CVC plan
Indian state-backed petroleum company Bharat Petroleum (BPCL) has announced a five-year growth plan which will establish a corporate venture capital arm.
Smyth becomes managing partner at Microsoft’s CVC unit
Andrew Smyth joined M12 to focus on cloud and cybersecurity deals, disclosing his first investment in database platform Neon in recent weeks.
Taiwanese VC CDIB and Cool Japan Fund launch $62m cross-border fund
CDIB Capital Group, a subsidiary of Taiwan’s KGI Financial Holdings, has launched a $62m joint fund with a Japanese state-backed investment company.
Lambert to lead Brazilian bank Rendimento’s CVC
After a five-month spell at a financial advisory group, Claudio Lambert returned to Grupo Rendimiento’s corporate venturing subsidiary as head.
Chang to head Asia investing at SoftBank Investment Advisers
Dennis Chang will lead investments in Asia excluding India and Japan.
SoftBank, Korean conglomerates back $130m AI fund
SoftBank joins a number of South Korean conglomerates in contributing to SBVA’s new AI startup fund, Alpha Intelligence.
Venture client vs CVC investment — which is the best way to work with startups?
Both models are gaining popularity — but which is right for your company? It depends on the business need and the stage of the startup.