There will not be enough rare earth metals to make the magnets industry needs in the next decade so the race is on to find alternatives.
Category: Deals
Sony and Intel back company making key part for next wave of smartphones
UK smartphone camera component developer Cambridge Mechatronics’ latest round featured strategic investors Sony Ventures and Intel Capital.
Exit values are up and Singapore saw corporate-backed funding leap in January
Exit values are increasing, crypto funding has seen a resurgence and Singapore has seen a 60% year-on-year increase in corporate-backed funding rounds.
The Big Deal: XGS continues wave of investment for geothermal startups
XGS is the third geothermal startup to raise cash this year, as the industry looks to overcome drilling costs and geography.
SoftBank divests fund for startups with black and Latin founders
Co-founder Marcelo Claure is returning to lead the newly independent Open Opportunity Fund with Paul Judge, while SoftBank invests in its $200m second fund.
What we learned from the 10 biggest CVC deals of 2023
It is no surprise to see genAI on this list, but semiconductors, EVs, green steel and batteries also featured heavily this year.
Mistral AI raises $415m: December round-up
Mistral AI raises $415m, Near Intelligence files for bankruptcy, plus a whole host of acquisitions. The full corporate venturing activity round up for December 2023.
Is Bitcoin bouncing back? November sees a rise in crypto deals
There was a promising (or surprising) rise in corporate-backed funding rounds for cryptocurrency startups in November. Despite many heralding the demise of crypto, it looks like it isn’t dead yet.
The Big Deal: Are diamonds the future of the supply chain?
CEO Ophir Gaathon tells us why Airbus and American Express have backed Dust Identity, and how diamond dust can track data on objects through the supply chain.
Corporates exit connected car company Cubic in billion-dollar SoftBank deal
Qualcomm and Volkswagen are among the companies that backed connected car technology provider Cubic Telecom at a $215m valuation that has been pushed past the $1bn mark.
OVO aquires Bonnet: November round-up
OVO is set to acquire EV charging dats company Bonnet. Read the full round-up of corporate venture activity in November.
The Big Deal: Blockchain.com finds warmth in the crypto winter
Access Industries, GV and Coinbase Ventures all took part in one of the year’s biggest Web3 funding rounds.
The Big Deal: Seurat paints the way to the future for 3D printing
Several corporate investors were involved in Seurat raising $99m, promising increased speed and precision for its metal printing technology along with a lower carbon footprint.
WeBuy Global IPOs and Payzer is acquired: October Roundup
WeBuy Global and J&T Global Express announce IPOs, Payzer is acquired and news funds launched.