A hands-off approach from the Swiss university makes starting a software company like Optiml — which is using AI to map out CO² cuts in real estate — easier, says CEO Evan Petkov.
Category: News
Illumina Ventures seeks $300m for third fund
SEC filings show the CVC wants to raise its third nine-figure fund to back biotech startups.
Ex-CVC Gerber joins online betting firm BetMGM in corp dev role
Alexandra Gerber, previously a CVC manager at Suntory Global Spirits, joined online betting company BetMGM.
Nine CVCs join Tokyo Metropolis’s startup matching initiative
Asahi Kasei, Kashiwabara, Canon Marketing, Kirin, J Front, KHI, ShoPro, Sekisui and Denka will partner with startups through the scheme.
Chinese vacuum cleaner maker Dreame launches $1.5bn CVC
The Chinese unicorn, last valued at $2.8bn, will back AI and robotics startups through two funds under the newly formed Empyrean Venture.
CVC-as-a-service group Valetec Capital launches venture builder
As the Brazilian CVC market starts to cool, Valetec is looking to diversify its business with a venture building division.
Thai bank Krungsri’s CVC launches $38m private equity trust
Finno Efra will invest in Thai and Southeast Asian seed to pre-series A tech startups, supplying up to $1.2m per deal.
Gonzalez to head frozen food maker Sigma’s CVC
Ciro Gonzalez, formerly an investment associate at CVC unit Munich Re Ventures, has been appointed as head of Sigma Ventures.
Intel Capital alumna Ishimwe joins US Department of Commerce fund
Josiane Ishimwe, who spent three years at Intel’s CVC unit, will help the US Department of Commerce’s Chips Investment Office make semiconductor investments.
Indian oil company BPCL announces CVC plan
Indian state-backed petroleum company Bharat Petroleum (BPCL) has announced a five-year growth plan which will establish a corporate venture capital arm.
Smyth becomes managing partner at Microsoft’s CVC unit
Andrew Smyth joined M12 to focus on cloud and cybersecurity deals, disclosing his first investment in database platform Neon in recent weeks.
Taiwanese VC CDIB and Cool Japan Fund launch $62m cross-border fund
CDIB Capital Group, a subsidiary of Taiwan’s KGI Financial Holdings, has launched a $62m joint fund with a Japanese state-backed investment company.
Lambert to lead Brazilian bank Rendimento’s CVC
After a five-month spell at a financial advisory group, Claudio Lambert returned to Grupo Rendimiento’s corporate venturing subsidiary as head.
Chang to head Asia investing at SoftBank Investment Advisers
Dennis Chang will lead investments in Asia excluding India and Japan.