Hadar Pode left her Israel-based managing director position at Porsche Digital after six years, without disclosing her new role.
Category: News
Korean internet firm Naver’s D2SF venture unit expands to North America
Naver’s accelerator arm backed two US startups last month, Claythis and YesPlz, and will continue to seek out opportunities in North America.
Vietnamese conglomerate Vingroup launches $150m CVC fund
One of Vietnam’s largest conglomerates, Vingroup, and its founder, have set up a new CVC unit with $50m to invest in new startups.
Saudi Aramco’s Wa’ed investment unit reserves $100m for AI deals
The petroleum producer’s $500m venture fund wants to back startups that can help Saudi Arabia become an artificial intelligence tech hub in the Middle East.
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.
Brazilian IT company Montreal launches $5m CVC fund
Montreal launches $5m venture arm targeting early-stage digital technology startups.
Jaguar Land Rover CVC InMotion Ventures hires Chavassieu
Ex-ecommerce executive Edouard Chavassieu has joined InMotion Ventures as an associate and will help it expand its activities in mainland Europe.
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.
Chilean food company Carozzi to invest $6m in startups
After months in stealth mode, Carozzi Ventures is ready to invest $6m over the next three years.
Crypto VC Gate Ventures and blockchain firm Movement Labs form $20m fund
The initiative, also backed by Thai family office VC Boon Ventures, will target blockchain projects specialised in Move, the programming language by Movement Labs.
Naor and Plaza join CapitalG to lead portfolio strategy
Alphabet’s growth fund appointed Adam Naor and Monica Plaza as VP of business development and operating partner, respectively.
Former head of crypto investor Circle Ventures Lonergan founds Web3 VC
After launching crypto CVC Circle Ventures and leading it for three years, Wyatt Lonergan has founded a Web3 VC firm with a Circle colleague.
Tran to leave General Mills’ 301 Inc investment arm
Tran has led the packaged food company’s venture capital arm since 2022 but is now leaving to support his wife’s startup.