Alexandria Real Estate-backed Acrivon has filed to go public while H2 Green Steel increased its corporate-backed series B round to $255m.
Category: Firms
The battery startups offering alternatives to lithium
New energy storage technologies are charging ahead as the supply of commonly used materials face a supply crunch.
Daily Deal Round Up: October 19, 2022
Chengtun Mining Group took part in Hithium’s $278m series B round while HubSpot Ventures contributed to Jasper’s $125m series A.
Daily Deal Round Up: October 17, 2022
Tencent took part in a $400m round for Skydance Media while CrowdStrike helped Vanta hike its series B to $150m.
Daily Deal Round Up: October 14, 2022
Rakuten-backed Base Food is set to list on TSE’s Growth Market in an IPO valuing it at $329m while Mitsui was part of a $400m round for Yellow Door Energy.
Want to try CVC-as-a-service? 7 things you need to know
More and more corporates are turning to external specialists to run their venturing units. Here’s what you need to know before you take this option.
Wang moves to Amazon’s climate fund
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
‘Disrupting dysfunction’ — Google’s investment strategy in Africa
Nitin Gajria tells us why Google formed a $50m African VC fund and why it is investing in everything from mobile gaming to haulage services.
Daily Deal Round Up: October 10, 2022
BBC Studios bought portfolio company Firebird Pictures while SoftBank Vision Fund 2 led a nine-figure round for dental product maker SprintRay.
Bytedance posts $75.6bn in mark-to-market losses
Such enormous losses help explain why Bytedance in January said it was dissolving its corporate venturing unit.
Daily Deal Round Up: October 6, 2022
Q2 Holdings has acquired National Bank of Canada and OpenText-backed Sensibill while ArcelorMittal’s XCarb unit was part of Form Energy’s $450m series E round.
MassMutual doubles diversity venture funding to $200m
MassMutual’s diversity-focused fund-of-funds has been granted an extra $100m, bringing the amount it has invested in CVC activities to $900m.
Daily Deal Round Up: October 5, 2022
Solid Biosciences is merging with Sarepta-backed AavantiBio in a $215m deal while Amazon has formed a minority founder-focused $150m fund.
ArcelorMittal takes XCarb CVC commitments close to $200m
As ArcelorMittal’s XCarb Innovation Fund backs Form Energy’s $450m series E round, its head tells us why the unit is targeting clean energy, hydrogen and smart carbon technology.