From China’s booming electric vehicle sector to companies addressing cyberattacks and the supply chain crisis, the year’s biggest rounds gave us a view of what was urgent in 2022.
Author: Robert Lavine
Robert Lavine is special features editor for Global Venturing.
The most intriguing CVC debuts of 2022
As 2022 prepares to draw to a close, Global Venturing takes a look back at some of the most interesting and active new corporate venture funds to debut in the past 12 months.
Axelar enlists investors for $60m Web3 fund
SCB10X and Chorus One are among the partners that will back Web3 startups through blockchain interactivity startup Axelar’s Ecosystem Startup Funding Program.
MDI Ventures: startup investing in Indonesia is all about being local
MDI Ventures CEO Donald Wihardja tells us why local service providers can prosper where big multinationals can’t, and why his firm is set to facilitate a new wave of corporate VC in Indonesia.
The Big Deal: Group14 crowns battery tech’s bumper year
The silicon-carbon material developer added cash from Microsoft Climate Innovation Fund and Molicel to close a $614m series C round as the industry continues to benefit from strategic investment.
Emirates NBD enters the venture capital sphere
Head of strategy Neeraj Makin will oversee Dubai banking group NBD’s corporate venture fund, one of the few to be set up by a Middle Eastern bank.
The Big Deal: Getir’s cut-price Gorillas purchase shows groceries delivery sector in flux
Corporate-backed Gorillas was bought for just $1.2bn and, together with competitor Oda’s $151m down round, it looks like winter is here for grocery delivery services.
11 companies you probably forgot had CVC units
Remember Twitter’s corporate venture fund? No? How about Adidas, Qantas or Disney? We delve into the past to go through some of the units time forgot.
Williams seeds UK startup that claims to have cracked the lidar sensor problem
Phlux Technology has raised $4.9m from investors including Foresight Williams Technology Funds as it looks to become the Nvidia of the sensor market.
Samsung Catalyst Fund signs up Rotenberg
Gil Rotenberg has joined the Samsung unit as an investment principal following three years of early-stage investing at Clal Financial Management.
The Big Deal: Locus rides warehouse robotics wave
Funding for warehouse robotics companies has doubled year on year to $1bn in 2022, with Locus Robotics’ Siemens-backed series F the latest nine-figure round.
How R/GA Ventures invests in startups
R/GA Ventures connects startups with R/GA’s big brand clients, and takes warrants in the businesses which can occasionally lead to big payouts.
Grid operator Terna plugs into CVC
Terna Forward has been allocated over $50m and will look to invest in external companies as well as spinning off innovative technology through an incubator model.
Lystimäki to take the reins at Schibsted Ventures
The media and e-commerce group has chosen Jussi Lystimäki to replace Dan Ouchterlony as head of its venture arm, which is set to move closer to its core business.