After a five-month spell at a financial advisory group, Claudio Lambert returned to Grupo Rendimiento’s corporate venturing subsidiary as head.
Author: Edison Fu
Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.
Tveteraas leaves sustainable protein maker Nutreco’s CVC arm
Maarten-Yan Wierenga is serving as interim head of NuFrontiers while Erik Tveteraas joined fungus-based protein developer NoMy as CFO.
Hiroshima Bank launches $14m regional economy fund
In partnership with VC firm Hiroshima Venture Capital, the Hirogin Innovation Fund will target regional economy revitalisation startups.
Credit Saison commits $200m to Latin American startups
The financial services firm’s Mexican and Brazilian units are each equipped with $100m, and CVC unit Saison Capital will play a key role.
Ex-SoftBank investor Housenbold joins YouTuber MrBeast’s company
GCV Rising Star Jeffrey Housenbold, who helped set up telecoms firm SoftBank’s Vision Funds, has become president and COO at Beast Industries.
Xiaomi raises $1.4bn for chip fund
Corporate investors JoulWatt, Southchip and Nano Star Ventures have become limited partners in the Chinese computer electronics producer’s fund.
German media CVC Burda Principal Investments expands team
Media conglomerate Hubert Burda’s CVC unit hired London-based Briac Bombrun and Berlin-based Lena Nedebock, increasing its headcount to 25.
AI tech firm Gcore raises $60m in series A funding
Wargaming led the edge AI technology company’s first external funding round, after a five-year hiatus in venture capital investments.
IBM Ventures alum Magid sets up VC firm
Deborah Magid, who spent more than 20 years at IBM and its CVC unit, has launched an AI-focused VC firm called DoubleStar Venture Partners.
Li joins BHP Ventures as lead principal
GCV Emerging Leader David Li will help the Australian mining firm’s CVC unit identify energy, climate and mining startups.
Fast fashion company Shein to launch $271m CVC fund
The low-cost clothing retailer, which wants to list in London this year, will back European sustainable fabric companies through the fund.
Mexican and Chilean CVC-as-a-service firms join forces
Innova360 powered by Bluebox will have 35 team members and $15m distributed among eight corporate venturing funds across Latin America.
Fujitsu becomes latest CVC to join Japan’s impact investment wave
Japanese companies operating in the EU become subject to sustainability reporting rules from next year. Many are using their CVC units to help meet targets.
Spanish travel firm HBX Group launches $54m CVC fund
The new fund will be part of the travel technology group’s TravelTech Lab subsidiary and invest in strategically relevant startups and funds.