The new merged company will be known as Cerity Partners Ventures.
Month: September 2024
Newer CVCs have a stronger strategic focus
More than 300 new CVC units have been created since 2020. They are less US-centric and more focused on energy than older peers.
Ex-BHP Ventures head Buzzo to lead parent firm’s strategy team
Michael Buzzo has taken a portfolio strategy role at the Australian mining group.
Will influx of pension cash keep more high-growth startups in the UK?
Hopes are lifting that increased pension investment will encourage late-stage startups to stay in the country and even seek to list on the London Stock Exchange.
Dixit leaves Microsoft’s corporate venturing arm
Hina Dixit, formerly a partner at M12 and head of AI investments at Samsung Next, is co-founding a startup still in stealth mode.
Why CVCs are outshining traditional VCs
Corporate-led funding rounds account for larger and larger shares of total venture investment. The trend is here to stay as CVC offers startups more than just money.
Salesforce Ventures doubles AI commitment to $1bn with new fund
The CVC unit has formed a second $500m fund, having invested in two dozen artificial intelligence startups, including Anthropic, Mistral and Cohere, in the past 18 months.
How investors can ride the latest Korean beauty wave
Korean beauty brands have become worldwide hits and investors are flocking to the sector. This is how Signite Partners is staying ahead of the game.
Aramco Ventures appoints Nechiti as investment director
Ionel Nechiti joined Saudi Aramco’s CVC subsidiary’s North American team led by managing directors Jim Sledzik and Daniel Carter.
Fidelity’s CVC targets better investment tools with AI-plus-human help
We’re entering a new age of highly personalised and democratised financial services, says Fidelity International Strategic Ventures’s Alokik Advani, but we still want our hands held.
Japanese electronics maker Kyocera launches $60m fund
Kyocera, the Japanese industrial ceramics and electronics multinational, has established a second fund to target startups in the US and EMEA region.
Airbus Ventures launches $155m deep tech and spacetech fund
FundY is the French aerospace company’s fourth investment fund.
Four tips for media-for-equity startup investments
Some 50% of a consumer startup’s capital is spent on advertising, so trading equity for ads can save money. Here’s how to get those deals to work.
L’Oreal and Evonik combine investments in microbe tech startup Abolis
The corporates backed a $38.6m series A round for Abolis through an agreement to develop sustainable cosmetics ingredients together.