The consultancy firm wants to invest in early-stage technology that has both commercial and public sector use.
Category: News
Daily Deal Round Up: July 14, 2022
Alphabet unit GV participated in autonomous flight technology developer Merlin Labs’ $105m series B round while several corporates helped Cathay Innovation close a $1bn fund.
RBVC to enhance US east coast focus with fifth fund
Robert Bosch’s corporate venturing subsidiary is launching a Boston office in connection with the launch of a $253m fund, its largest yet, according to Philipp Rose.
Qlarant launches fund to invest in healthcare startups
The newly formed Qlarant Capital will invest up to $2m in healthcare technology startups and is being overseen by Qlarant CEO Ron Forsythe.
Joneja promoted at Schlumberger
Galen Joneja has been promoted to venture manager at Schlumberger New Energy, the company division of the US-French global oilfield service conglomerate
Daily Deal Round Up: July 13, 2022
Sanofi, Access Industries and Alphabet helped Areteia Therapeutics raise $350m, and Nordisk Games acquires Supermassive Games.
Trenkle leaves Sanofi Ventures
The exit comes as Trenkle accepts his new position at Novo Ventures, the venture capital arm of Novo Holdings.
CVC veterans Harrison and Fathieh unveil new crypto fund at Lightspeed
Sam Harrison and Banafsheh Fathieh are leading Lightspeed Venture Partners’ newly launched Faction team having come from Blockchain.com and Prosus respectively.
Diarte departs SE Ventures
The founder and CEO of the corporate fund announced his exit to pursue other investment projects in climate tech and sustainability.
Shukla joins Prosperity7 Ventures
Abhishek Shukla, who recently left Hewlett Packard Pathfinder, is moving to lead the enterprise and deep-tech investments at Prosperity7 Ventures, a subsidiary Saudi Aramco.
BNPL crunch starts to bite, with Klarna the first taste
Klarna’s 83% drop in valuation to $6.7bn is the most visible harbinger of a buy now, pay later sector suffering from defaults and competition – some from the same corporates investing there.
Daily Deal Round Up: July 12, 2022
DeNA and Seibu Holdings helped Allm raise $180m, while several corporates are exiting ViaCyte in a $320m acquisition.
Value of crypto deals plummets 80%
The number of crypto and token funding rounds is still climbing but the overall volume of capital in these deals has fallen sharply.
Daily Deal Round Up: July 11, 2022
Allianz X helped digital insurance provider Coalition raise $250m while protein synthesis technology developer Nuclera hiked an E Ink-backed series B round to $58m.