General Mills was among the investors in a $120m round for GrubMarket while Polaris and Hero MotoCorp helped Zero Motorcycles raise $107m.
Category: News
Porsche’s IPO follows CVC activity
In the run-up to the float, Porche’s investment arm had invested in 18 companies, from hypercars to EV batteries and even bikes.
Daily Deal Round Up: September 30, 2022
M12 has co-led a $34m round for Ox Security’s while SoftBank-backed Solfácil has upped its series C to $130m.
Edosomwan leaves TotalEnergies Ventures
GCV Rising Star Ademidum (Demi) Edosomwan has left TotalEnergies Ventures after more than three years at the CVC unit.
The Standout Six: A celebrity joins the CVC party
This week’s key deals included Ryan Reynolds’ Maximum Effort Holdings helping Bending Spoons raise $340m, while GV moves beyond its algorithm and Milan emerges as a startup hub.
Daily Deal Round Up: September 29, 2022
Maximum Effort Holdings was part of a $340m round for Bending Spoons while Tencent and Block took part in Satispay’s $310m series D.
Daily Deal Round Up: September 28, 2022
Gradient Ventures and Workday Ventures were part of Flatfile’s $50m series B round while KPN Ventures is set to exit ZecOps through an acquisition.
CloudFlare pioneers new startup funding model with $1.25bn scheme
The app security software provider has linked up with 26 venture firms which will invest in its Cloudflare Workers ecosystem through the Workers Launchpad Funding Program.
Daily Deal Round Up: September 27, 2022
Tata Digital provided $200m for BigBasket while Convivialité Ventures took part in an $80m series B round for Not So Dark.
Sion departs from Citi Ventures
Alex Sion, formerly head of market growth at Citi Ventures, has taken up a managing director role at Motive Create.
Malandrin moves to KPMG Brazil
CVC veteran Daniel Malandrin, who was part of GCV Rising Stars and Emerging Leaders rosters, has left DX Ventures and joined KPMG Brazil.
Daily Deal Round Up: September 26, 2022
FTX-backed PayUp agreed to merge with IG Acquisition while multiple corporates participated in Line Man Wongnai’s $265m series B round.
UK mini-Budget may boost corporate investment in science and tech startups
The UK government aims to leverage institutional investment including potentially in corporate vehicles.
Daily Deal Round Up: September 23, 2022
RxCelerate took part in Rivus Pharmaceuticals’ $132m series B round while Bank of America and Citi backed AccessFintech’s $60m series C.