Phoebe Wang announced she has left Shell Ventures, the corporate venturing arm of the UK-based oil and gas corporation, to join Amazon Climate Pledge Fund. Wang served nearly four years at Shell Ventures, working as the firm’s investment director, where she developed and implemented investment strategies and oversaw a $2bn fund. Wang told GCV,… Continue reading Wang moves to Amazon’s climate fund
Author: Roshini Bains
Daily Deal Round Up: 12th October, 2022
Consumer credit provider FinAccel secured $140m from investors including GMO Payment Gateway while Amgen helped brain disease drug developer Neumora raise $112m.
Daily Deal Round Up: 7th October, 2022
Prologis Ventures and GV helped supply chain analytics provider Altana raise $100m while Amazon and BHP were among the investors in an $85m round for clean steel technology developer Electra.
Asami withdraws from Eisai Innovation
Daiichi Sankyo has hired Shun Asami, previously senior investment director and San Francisco division head at Eisai Innovation.
Edosomwan leaves TotalEnergies Ventures
GCV Rising Star Ademidum (Demi) Edosomwan has left TotalEnergies Ventures after more than three years at the CVC unit.
Glowing plants that tell farmers when they are under stress — yes, really
In 2017, a team of scientists at the Massachusetts Institute of Technology (MIT) developed alien-like plants that glow to alert farmers when they are attacked by pests or in need of watering. It sounds futuristic but the technology is now being backed by tractor maker Deere & Co and Insurer MS&AD.
Sion departs from Citi Ventures
Alex Sion, formerly head of market growth at Citi Ventures, has taken up a managing director role at Motive Create.
Malandrin moves to KPMG Brazil
CVC veteran Daniel Malandrin, who was part of GCV Rising Stars and Emerging Leaders rosters, has left DX Ventures and joined KPMG Brazil.
Why beauty companies are taking tips from China
Beauty treatments, medical procedures and personalisation are blending together, with China at the forefront of these key trends.
DTCP announces the first close of its latest fund
The Deutsche Telekom spinoff’s Growth Equity III Fund has completed a $300m first close backed by its former parent company as well as SoftBank.
Melnikova recruited to Pfizer Ventures
Pfizer Ventures has hired Irena Melnikova, formerly CFO of Umoja Biopharma and MD of SVB Leerink, as an executive director.
Telstra Ventures raises new $350m fund
The Telstra-sponsored venture firm has already begun investing through its third fund, which has now achieved a $350m final close.
Matsuoka moves away from Mistui & Co
Masaji Matsuoka has left Mistui & Co after more than 12 years and joined Magenta Venture Partners as managing general director.
Is lab-grown milk ready for the mainstream?
Lab-grown milk is becoming commercially viable — and studies have shown that consumers aren’t averse to it. So, is it time for corporate investors to back these startups?