Gareth Burns is departing from energy company Equinor’s corporate venture subsididary, which he heads as vice-president.
Author: Robert Lavine
Robert Lavine is special features editor for Global Venturing.
The Big Deal: LaundryGo sets pace in the cleaning services sector
SoftBank helped the on-demand laundry service push its valuation past $250m, a rare occurrence in a sector that’s so far failed to catch fire.
HSBC’s Zhou moves out of corporate venturing
After two years heading up HSBC’s early-stage investments, Catherine Zhou is moving to a CIO position focusing on wealth and private banking.
Hydrogen and biomethane will have a big part in the energy transition, says Engie
The energy sector hasn’t had a technology breakthrough for a decade. But Engie New Ventures’ Johann Boukhors is excited about the potential for green hydrogen and methane.
Jalan makes the jump from SoftBank
SoftBank Group International partner Saurabh Jalan has become the latest high-profile name to leave as the company looks to restructure its CVC activities.
The Big Deal: Acrivon gives the IPO market a boost
The cancer drug developer popped after an upsized offering, allowing Alexandria Venture Investments to exit and showing the IPO market is still breathing in the US.
HSBC still bullish on Web3 despite recent turmoil
Catherine Zhou, who heads up HSBC’s venture capital activities, tells Global Venturing it is going long on blockchain and tokenisation tech despite recent turmoil in the Web3 market.
MassMutual launches $100m Climate Tech Fund
MassMutual Ventures doubled down on its ESG plans with a fund that will back up to 20 startups, lifting its capital under management to the $1bn mark.
FMC Ventures turns over a new leaf
The agricultural chemicals producer is widening its investment remit, looking at everything from fintech for farmers and soil health.
Evonik Venture Capital enters Japan
The German chemicals producer — already an investor in China and Singapore — wants early access to disruptive Japanese deeptech startups.
The Big Deal: What FTX’s flameout means for CVC
The $32bn crypto exchange declared bankruptcy today leaving SoftBank, Coinbase and Circle among its burned investors. How did this happen and where does it leave the sector?
Dick’s Sporting Goods seeks e-commerce insight with $50m fund
DSG Ventures has launched with five investments and marks the rare instance of a sports retailer launching a strategic fund.
DSM Venturing seeks bear market opportunities
Whether the downturn is a 6-month blip or lasts several years, “it’s a time to be in the game” says CVC veteran Pieter Wolters of DSM Venturing.
The Big Deal: HeyRitual targets the couples economy
The Samsung-backed relationship therapy app developer has just raised pre-seed funding as part of what could be a vanguard of startups catering for couples.