Shalei Holway, formerly senior adviser at the US government’s Small Business Investment Company, has reportedly become head of portfolio development at RTX’s CVC arm.
Category: News
Leontiou heads Eurobank’s CVC
Maria Leontiou was head of business development and growth for the Greek bank before taking her new position.
Next47 hires Cheng for partner role
Vivian Cheng, formerly principal at venture firms CRV and Javelin Venture Partners, has joined the German industrial group’s CVC arm.
Turk promoted at Allison Ventures
Jordan Turk, a nine-year veteran at the vehicle propulsion system producer, ascended to innovation and technology strategist.
Chevron gets $500m for third Future Energy Fund
The US petroleum supplier will continue to target areas such as decarbonisation, energy storage and carbon capture.
Bain-backed VC focuses on AI for first investments
Bain alumni-founded Vendelux, Common Sense Privacy, Duckbill, Hived and Qube received funding from the management consultancy-backed fund.
Bastin heads UK auto company Keyloop’s corporate development
Bastin will run corporate development activities for the Francisco Partners-backed auto tech company.
Regeneron Pharmaceuticals forms $500m venture capital fund
Regeneron Ventures will invest in biopharmaceutical and healthcare technology startups.
Drinks maker Beam Suntory launches investment unit
Venture services firm Mach49 has helped the owner of alcohol brands Jim Beam, Maker’s Mark and Yamazaki to launch the CVC initiative.
Toyota Ventures gets $300m injection
Frontier Fund II and Climate Fund II have each received $150m to further explore technologies like AI and renewable energy for the carmaker.
Metalab launches $15m CVC unit
Metalab Ventures, backed by the interface design firm and other investors, will seek product-led startups from pre-seed to series A stages.
Rio Tinto to back seed startups through $9.5m accelerator
The joint programme with Founders Factory will target technologies strategic to the mining industry such as decarbonisation and automation.
Five global retailers launch $125m VC fund, W23 Global
The joint fund will invest in strategic areas like supply chain and sustainability for Tesco, Ahold Delhaize, Woolworths, Empire and Shoprite.
Yamaryo heads Itochu Technology Ventures
Yamaryo worked in business development and investments before leading the CVC.