September 2024

Al-Nasser promoted to senior principal of CVC at Saudi IT firm Elm

Khalid Al-Nasser

After three years working for the Saudi IT services and consultancy company, Khalid Al-Nasser has been made senior principal of CVC.

Jan Brockhausen

Jan Brockhausen, previously an associate director at SevenVentures, is now a principal at Fiege Group-backed F-Log Ventures.

The Canadian venture firm is opening an office in Asia as Asian corporations flock to invest in its fifth fund and largest fund.

TissenBiofarm

Korean startups offer juicy morsels for international investors amid a tough funding climate and as the government relaxes CVC rules.

John Hartnett

Formed in association with US venture firm SVG Ventures, the Sunrise Fund will back early-stage agritech startups.

Sascha Berger

Berger will lead the biotech investment for the Saudi city project, contributing to the Kingdom’s goal of becoming a global biotech hub.

Dawn Brooks

Dawn Brooks has joined consultancy Wood Mackenzie after spending three years at Anglo American’s CVC, Decarbonisation Ventures.

TGW Logistics

After initially launching as Neil&Buzz in April, TGW Logistics has relaunched its CVC arm as TGW Logistics Ventures and will soon start investing.

Corporate investors are backing chip startups with solutions for the generative AI’s memory wall, interconnect and edge problems.

Telkom’s CVC hasn’t made any new investments amid weak portfolio performance.

Verizon’s corporate venture arm has stopped making investments and its lead executives have left the company, GCV understands.

Gabby Munoz

After rejoining Hearst Ventures in July, Gabby Munoz was tasked to make fintech deals at the US media firm’s ratings agency subsidiary.

Kwame Kyei Koranteng

The Japanese electronics producer named Kwame Koranteng an investment manager for its CVC arm, representing its first Africa-based investor.

With a focus on hardware, the unit sees huge opportunity to help its parent company develop cleantech assets.