Braskem has formed a $150m corporate venturing initiative while Saudi Aramco’s Prosperity7 Ventures fund took part in SingleStore’s $146m series F2 round.
Category: Firms
What next after being “whacked in the face” by CVC?
Companies that struggle with early corporate venturing efforts will often turn to CVC-as-a-service, says Bill Reichert of Pegasus Ventures.
Why corporates in agriculture are focusing on ‘existential threats’
Where does corporate VC fit into food and agriculture in 2022? Global Venturing asked industry figures at one of Europe’s largest agricultural technology conferences to find out.
CloudFlare pioneers new startup funding model with $1.25bn scheme
The app security software provider has linked up with 26 venture firms which will invest in its Cloudflare Workers ecosystem through the Workers Launchpad Funding Program.
GVR Podcast: Bill Reichert, Pegasus Tech Ventures
VC-as-a-service is the latest evolution of CVC, says Reichert.
Daily Deal Round Up: September 26, 2022
FTX-backed PayUp agreed to merge with IG Acquisition while multiple corporates participated in Line Man Wongnai’s $265m series B round.
Daily Deal Round Up: September 23, 2022
RxCelerate took part in Rivus Pharmaceuticals’ $132m series B round while Bank of America and Citi backed AccessFintech’s $60m series C.
Cybersecurity specialist SentinelOne forms $100m strategic fund
S Ventures will fund data and security technology developers and is led by Rob Salvagno, the former head of Cisco Investments.
Swisscom Ventures raises new $300m fund
Dominique Mégret has exclusively revealed to Global Venturing that the unit closed its fourth main fund in July, with 75% of the capital coming from external limited partners.
Enagás, Alantra hit $208m hard cap for Klima Energy Transition Fund
With three investments already in the pocket, Klima is set to back a wide range of energy transition startups.
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.
Daily Deal Round Up: September 20, 2022
DG Daiwa Ventures contributed to a $40m series B round for Yellow Card Financial while Vitol provided $37m in series C funding for VavaCars.
Daily Deal Round Up: September 19, 2022
Novo Holdings led a $75m series C round for Kate Farms while PayU and InfoEdge Ventures participated in DotPe’s $58m series B.
Daily Deal Round Up: September 16, 2022
Intuitive Surgical was part of Galvanize Therapeutics’ $100m series B round while Intel Capital participated in a $90m series C for Fortanix.