One of Vietnam’s largest conglomerates, Vingroup, and its founder, have set up a new CVC unit with $50m to invest in new startups.
Author: Stephen Hurford
Cox Enterprises establishes second $300m fund
After launching Socium Ventures in 2023 with a $300m fund, the US conglomerate has announced a second $300m targeting tech startups.
Coccari becomes head of business software HubSpot’s CVC
Adam Coccari has become the managing director of HubSpot Ventures following two years leading US business software provider Intuit’s CVC.
Daily Mail Group’s venture arm announces two new funds totalling £50m
DMG Ventures has announced two new $32m funds that will use media for equity arrangements, an increasingly common investment strategy.
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Michalak joins Ukrainian energy company DTEK as clean tech investor
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Aksoy leaves Allianz-backed VC fund AV8
Baris Aksoy has left Allianz-backed VC fund AV8 after five years, during which time he sat on the boards of a number of tech startups.
Zavala leaves corporate venturing role at insurer Consorcio
Tomás Zavala is leaving after six years working on the Chilean financial services firm’s corporate venture capital activities.
Bolgar Jackson leaves Danone Ventures after eight years
Holly Bolgar Jackson leaves the French food multinational’s CVC arm after eight years to join the core business’s enterprise strategy team.
Al-Nasser promoted to senior principal of CVC at Saudi IT firm Elm
After three years working for the Saudi IT services and consultancy company, Khalid Al-Nasser has been made senior principal of CVC.
Berger joins Saudi city project Neom as biotech investment director
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Brooks leaves mining company Anglo American’s CVC
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Warehousing firm TGW Logistics relaunches CVC
After initially launching as Neil&Buzz in April, TGW Logistics has relaunched its CVC arm as TGW Logistics Ventures and will soon start investing.
Gen AI is hitting limits but these new chipmakers can help
Corporate investors are backing chip startups with solutions for the generative AI’s memory wall, interconnect and edge problems.