Torq Ventures — which has gone from consultancy to full CVC unit in 3 years — is a sign of how fast Brazilian corporate venture is growing.
Category: Firms
FMC Ventures turns over a new leaf
The agricultural chemicals producer is widening its investment remit, looking at everything from fintech for farmers and soil health.
Daily Deal Round Up: November 9, 2022
Suzano and Yara participated in Agrolend’s $145m latest round while Xencor contributed to Zenas BioPharma’s $118m series B.
Dick’s Sporting Goods seeks e-commerce insight with $50m fund
DSG Ventures has launched with five investments and marks the rare instance of a sports retailer launching a strategic fund.
Daily Deal Round Up: November 7, 2022
Cable One provided $50m for Ziply Fiber while Mercuria co-led a series C round the same size for The Mobility House.
Daily Deal Round Up: November 4, 2022
Paragon Biosciences was part of Emalex Biosciences’ $250m series D while CMA CGM and AP Moller participated in an $80m round for Project44.
Daily Deal Round Up: October 31, 2022
Sumitomo participated in Zebra Labs’ $5m round while investors including FTX Ventures and Aptos provided $3m in pre-seed funding for Martian.
Daily Deal Round Up: October 27, 2022
Battery recycler Ascend Elements and Geely spinoff Farizon each raised $300m while Saudi Aramco launched a $1.5bn Sustainability Fund.
Talent agency UTA eyes up creator economy investments
The talent agency, which represents everyone from Arnold Schwarzenegger to the D’Amelio sisters, is investing in the creator economy together with Investcorp.
Gaming fund launches in South Korea
GXC, the South Korean gaming technology developer, has created a corporate fund to invest in video game-related companies.
Angelini unveils $293m healthcare venture fund
The European industrial group has formed a unit which will invest in early-stage life sciences and biotech developers through a team headed by Paolo Di Giorgio.
Valetec Capital bullish on Brazilian market
The country’s biggest CVC-as-a-service firm says it is an optimal time to invest in startups as corporate interest in innovation soars.
Daily Deal Round Up: October 21, 2022
AbbVie is acquiring Amgen-backed DJS Antibodies for $255m while Legend Holdings took part in a $56.6m series C round for VectorBuilder.
SoftBank shakes up its VC structure
The corporate is set to split its investment staff into two regional teams under Alex Clavel and Greg Moon, following some 150 job losses.