BAI Capital is the second Asian venture affiliate of the media group to close a huge fund in the past month, having brought on limited partners including internet and insurance groups.
Category: News
Is quantum computing ready for corporate investment?
Thirteen corporates invested a total of $1.31bn in quantum computing start-ups in 2021. That is a 68% rise from 2020. But is this nascent sector ready to see even bigger corporate cheques?
CVC investment doesn’t boost startups financially
But there are other benefits for both sides, researchers find.
Daily Deals Round Up: July 22, 2022
SAIC Motor’s Shang Qi Capital vehicle led RT Advanced Materials’ $740m series D round while Contentsquare pulled in $600m from investors including SoftBank Vision Fund 2.
Boeing latest to boost investment in aerospace and defence
Boeing’s latest $50m investment in a fund that will support aerospace and defence startups is part of a series of similar corporate-backed deals that come against a backdrop of growing geopolitical tensions.
Daily Deal Round Up: July 21, 2022
Intesa Sanpaolo Group helped online property marketplace Casavo pull in over $400m while collaborative robotics developer Jaka raised $150m from investors including SoftBank and Saudi Aramco.
PGA of America creates golf-focused investment fund
The professional golfing body has joined forces with sport-focused firm Elysian Park Ventures to launch strategic fund EP Golf Ventures.
Daily Deal Round Up: July 20, 2022
Google, Chevron and Sumitomo were part of fusion power system developer TAE’s $250m series G2 while GMO VenturePartners and Christie’s Ventures formed new funds.
Citi Impact Fund looks to beat the system
Managing director Meredith Shields tells Global Venturing the bank’s $200m impact investment vehicle is drawing up new investment frameworks as it prepares for its next phase.
Daily Deal Round Up: July 19, 2022
Eli Lilly and Illumina took part in liquid biopsy developer Delfi Diagnostics’ $225m series B round while Sompo, Yamaha Motor and Bridgestone invested $87.8m in driverless vehicle software provider Tier IV.
Daily Deal Round Up: July 18, 2022
Bertelsmann vehicle BAI Capital co-led a $150m C2 round for payment card provider Stori while Sram and Mram supplied $100m in series A funding for blockchain ecosystem developer 5ire.
Adeyemi leaves HSBC to start new firm with fellow alumni
Ore Adeyemi left HSBC’s corporate venturing unit to start a new firm with two other HSBC colleagues.
Flow Traders floats strategic investment vehicle
Flow Traders Capital is equipped with over $50m and will invest in digital asset and financial infrastructure technology for its market maker parent.
Daily Deal Round Up: July 15, 2022
NextEra Energy, SK and Mitsubishi Heavy Industries America were part of a $300m round for Monolith while Superscrypt helped Safe secure $100m.