GCV Powerlist member Michael Martin will reprise his president and CEO roles at Plexium, after more than a decade at Takeda Pharmaceuticals.
Category: News
SK’s US investment arm Hico Capital launches venture fund with Bow Capital
The Hico-Bow Joint Fund is backed by unnamed LPs and will invest in early-stage startups focusing on AI, healthcare and machine learning innovations.
Corporate-backed Giant Ventures raises $250m for funds
BMW was among the investors that backed the UK venture firm, which will be divided into a $100m seed fund and a $150m growth fund.
Future Energy Ventures’ climate fund reaches $120m close
The VC fund backed by E.ON has reached a $120m first close and promoted Patrick Elftmann to US managing partner.
Gradient Ventures hires Brackin and Srinivas
Serial entrepreneur Andrew Brackin and seasoned VC Siri Srinivas have joined Alphabet’s early-stage AI fund as partners.
LaRocca joins Allison Transmission’s new CVC
Hybrid propulsion systems manufacturer Allison Transmission has hired Justin LaRocca as the director of its new venture arm.
Canon launches $67.6m CVC fund
The Canon Marketing Japan MIRAI Fund will invest in early to mid-stage startups in Japan and across the globe.
“The mission is to save everybody’s life” — how Dial4242 is solving India’s ambulance problem
Mumbai-based platform Dial4242 provides Indians with an app that can book an ambulance in under 15 seconds, for a cost of just 100 rupees.
Jallad joins Saudi Arabia’s Neom Investment Fund
After serving a year as head of European financial technology at RBC Capital Markets, Jallad will become the investment director at Neom Investment Fund.
SoftBank Ventures Asia launches corporate-backed $150m fund, rebrands
SoftBank Ventures Asia has changed its name to SBVA after closing its $150m 2023 Alpha Korea Fund.
The Big Deal: XGS continues wave of investment for geothermal startups
XGS is the third geothermal startup to raise cash this year, as the industry looks to overcome drilling costs and geography.
Sinar Mas Land’s CVC launches a biomedical fund
The Biomedical Fund will invest in Indonesian health tech and biotech startups.
Patel promoted to director of strategic investments at Citi
Mital Patel, formerly vice president of strategic and fintech investments at Citi, has taken up a director of strategic investments role.
Equirus launches $25m fund
Equirus InnovateX Fund will invest in software, deeptech and fintech companies at seed stage, providing between $500,000 and $1m per deal.