TDK’s corporate venture arm has recruited battery producer Amperex as a limited partner for the EX1 fund, which will target electrification and decarbonisation startups.
Author: Robert Lavine
Robert Lavine is special features editor for Global Venturing.
The Big Deal: Ensoma tops off a bumper week for pharma
Ensoma’s $135m series B was one of five big rounds for early-stage drug developers week despite a pharma sector that is becoming ever more selective.
Wellstar to expand beyond health with $100m startup fund
The hospital group plans to back more than 50 companies through Catalyst, with workplace, big data and customer experience software startups all in the frame.
AI that will read your car manual and tell you when to inflate your tyres
And several other bets that Jaguar Land Rover’s InMotion Ventures is making on what the car will look like in 10 years.
Opportunity for corporate investors in Brazil as VC froth subsides
Gabriela Toribio tells us why Wayra Brasil and the newly formed Vivo Ventures have an inside track in a market where early-stage funding is plummeting.
Saint-Gobain’s Apelian to retire
Basma Kharrat will take over the advanced materials maker’s corporate venture activities when VP of internal and external venturing Minas Apelian retires in September.
The Big Deal: Paytm heads week of valuation bloodletting in India
SoftBank’s $120m sale of Paytm stock at a loss came in the same week as valuation cuts for Swiggy, Ola and Zomato as India’s once promising startup scene hits turbulence.
Lenke takes charge at Atlassian Ventures
Peter Lenke has succeeded Matt Sonefeldt as head of the enterprise software provider’s corporate venture unit following more than six years running CVC and M&A activity at Twitter.
The Big Deal: Avalanche looks to bring nuclear fusion to space
Avalanche Energy CEO Robin Langtry tells us why Toyota and Autodesk are investing in a nuclear fusion startup, and why its reactors are going to be used to power satellites.
Crypto exchanges pull back VC investment as market tanks
The 12 most active crypto exchange VCs have dramatically cut their investment rate over the past few months. Is it because of FTX? The answer is yes, no and sort of.
The future of the grid is demand responsive and decentralised
The transition to net zero isn’t just about getting renewables sources online, corporate-backed startups are emerging to help restructure how we get and use that energy.
The Big Deal: Mansa and Rock the Bells leverage a more diverse media landscape
Black-focused online streamer Mansa and hip hop content platform Rock the Bells both closed corporate-backed rounds this week, part of the changing face of new media.
SR One brings in other drug company investors to join GSK
GSK remains an investor in the new $600m Fund II, but with a smaller financial presence as SR One positions itself to connect startups to multiple companies across the pharmaceuticals sector.
The Big Deal: Pickup pockets $40m as coffee penetrates Southeast Asia
The Go-Ventures led series A comes after Pickup Coffee opened more than 60 locations in the Philippines in its first year, bringing together localisation and tech to fuel rapid growth.