Amberra will become the investment arm for the largest banking and insurance groups in Germany, with a mission to invest “beyond banking”.
Category: News
Copel launches $30m venture fund with Vox Capital
The utility will target energy transition, smart cities and good governance investments through its new fund.
Korea plans $1.5bn fund to support deep tech startups
The new fund is part of a recent raft of measures to attract foreign investment in the country’s venture capital sector.
August Deal Round up: Avatr Technology gets $412m in series B funding
Changan Automobile, Contemporary Amperex Technology and China South Industries were all part of Avatr Technology’s $412m series B round.
Jaffrey switches to SRMG Ventures
Salman Jaffrey was previously head of strategy at Wa’ed Ventures, an impact-driven venture capital fund of Aramco.
The Big Deal: Genesis gets $200m for its gen AI drug development
This is the latest in a series of healthcare AI businesses that Nvidia has backed, as generative AI adds a new dimension to drug discovery.
Biomedical technology incubator launches in Singapore
Public healthcare provider National Healthcare Group partnered with NTU Singapore and A*Star to launch Co11ab Novena, the first biomedtech incubator in Singapore
Lambert leaves National Grid Partners
Lisa Lambert, founding president of National Grid’s open innovation and CVC arm since 2018 and a multiple GCV Powerlist entrant, has exited from the company.
The Big Deal: Carbon capture’s first billion-dollar acquisition
Occidental’s $1.1bn purchase of portfolio company Carbon Engineering is a landmark moment for CCS startups, but who could be next on the M&A slate?
Kraken Ventures targets $100m for second fund
The crypto and fintech investment firm, an affiliate of crypto exchange Kraken, is raising capital for a second fund that will back companies through to IPO.
Maersk Growth’s Jorgenson jumps to portfolio company
Maersk Growth partner Peter Votkjaer Jorgensen is taking on the CFO role at WasteFuel, a portfolio company for the unit since late last year.
The Big Deal: Meatable readies its lab-grown meat for market
The alternative meat sector is struggling but DSM Venturing believes there is a future for lab grown meat as regulatory hurdles are overcome.
Introducing: The searchable corporate deals table
Our curated tables, segmented month by month, provide an in-depth chronicle of every corporate venture fund engagement. Delve into the specifics of investments, investors, funding rounds, deal sizes, and more.
Indian ecosystem gets increased venture commitments from Zerodha and Krafton
The corporates both committed further nine-figure sums to back startups in the rapidly growing Indian venture market.