Yamaha Motor’s sophomore Exploratory Fund brings the amount it has committed to corporate VC to $300m in the past five years.
Category: News
Birkhofer promoted at DivcoWest
Former senior director Breton Birkhofer has taken a managing director role at DivcoWest where he will focus on early-stage real estate and construction technology.
Updated: Time for CVCs to step up after SVB’s collapse?
Where does the collapse of Silicon Valley Bank leave corporate investors? Here’s what CVCs said about short and long-term challenges.
Deal Roundup: Masttro amasses $43m
Citi Ventures took part in a $43m round for Masttro while Banpu Next and Equinor Ventures contributed to Green Li-ion’s $20.5m pre-series B.
Cristiani christened general partner at SE Ventures
Corporate venturing veteran Julien Cristiani will lead Europe and Israel investments for Schneider Electric’s $1bn investment arm.
The Big Deal: Droit takes advantage of a new fintech market
UBS and Goldman Sachs were part of a $23m round for Droit, which is expanding its regulatory compliance product to wealth management in a risk-conscious financial sector.
Deal Roundup: Yongrenxin Medical pumps in $100m
Sinovac Biotech led Yongrenxin Medical Instrument’s $100m series A round while Sanofi Ventures co-led QurAlis Corporation’s $88m series B.
Møller moves to ABB Electrification
Corporate venturing veteran Mads Møller has joined ABB electronification as head of ventures and group vice president.
MentorShow closes $15.8m series A to bring famous experts to your screen
The “edutainment” company will use the new money to expand to new markets and bring more high-profile experts to give masterclasses.
Deal Roundup: ZKH Group files for $200m listing
Corporate-backed ZKH Group has filed for a $200m IPO in New York while The Believer Company launched with $55m from investors including Riot Games.
Deal Roundup: Rapport emerges with $100m
Johnson & Johnson took part in Rapport Therapeutics’ $100m series A round whole Altria divested a stake in Juul once valued at $12.8bn.
Koch joins RTL Ventures
RTL Deutschland senior VP Beate Koch has joined its new CVC arm, RTL Ventures, to focus on the consumer ecosystem in the DACH region.
Salesforce Ventures launches new $250m fund for generative AI
Salesforce is integrating generative artificial intelligence across its customer relationship management platform and its venture unit is getting in on the act.
Indra gets Gulf Oil backing for its advanced EV charging system
Indra, developer of a system that lets electric cars sell energy back to the grid, raised nearly $24m in a series B round led by return investor Gulf Oil International.