The security awareness group’s CVC unit will focus on the human layer of cybersecurity.
Category: News
Prosperity7 Ventures lets in Lee
The Saudi Aramco unit has hired Sean Lee after adding fellow corporate venturers Daisy Garcia and Abhishek Shukla to the team in recent weeks.
Panich to lead SCB 10X
Tai Panich will now hold the CEO position at SCB 10X while maintaining her current post of chief venture and investment officer.
Carper takes off from Boeing
Greer Carper joined Fortem Technologies as CFO and VP of corporate development, having led Boeing’s corporate venturing activities from 2017.
Munich Re Ventures sees Ghost in $15m round
The application security software provider has emerged from stealth having secured funding from MRV, 468 Capital and DNX Ventures.
Daily Deal Round Up: August 4, 2022
Lockheed Martin doubled the size of its venture arm to $400m while Ingevity, Geely, SKC and Daishin participated in Nexeon’s $170m series A round.
Nestlé to launch CVC fund
The unnamed vehicle was revealed at the inauguration of Panela House, the corporate’s Brazil-based open innovation space.
Yi He takes over Binance Labs amid crypto downturn
Binance has appointed chief marketing officer and co-founder Yi He as the new head of its incubator and venture unit as it looks to overcome turbulence in the Web3 market.
Daily Deal Round Up: August 3, 2022
Xiamen C&D took part in OriCell Therapeutics’ $120m series B round while Shopify provided $100m in funding for Klaviyo.
Energy provider Eni forms venture builder
Eniverse Ventures will complement the oil and gas supplier’s Eni Next vehicle as it looks to achieve carbon neutrality by 2050 in the wake of massive profits for the industry.
Ulta Beauty launches $20m Prisma Ventures unit
The corporate is targeting companies it hopes will advance beauty retail and transform the shopping experience with digital technology.
Daily Deal Round Up: August 2, 2022
Social Leverage Acquisition Corp I will acquire AMD and ConsenSys-backed W3BCloud while China Life took part in a $300m round for Taibang Biologic.
Singtel boosts corporate venture funds to $350m
Singapore’s largest telecommunications company has hiked its venture arm’s operating capital by $100m as it looks to expand its international investments.
Hirsch progresses to Varian
Varian Medical Systems has hired Tali Hirsch, formerly venture investment director at Fresenius Medical Care North America, as director of strategy and corporate development.