Julio Ramundo is heading up the paper and pulp provider’s newly formed corporate venturing unit, which is targeting forestry sustainability and efficiency technologies.
Category: News
WiL gets $1bn capital injection
The Silicon Valley investment firm connects Japanese companies – including Brother Global, Panasonic, Subaru and Sony – to US startups.
SoftBank co-leads $200m CoachHub series C
The digital coaching app developer pushed its overall funding past $330m in a series C round co-led by SoftBank Vision Fund 2.
Huobi and Krungsri add to the crypto fund bonanza
The crypto exchange and financial services firm have both thrown their hat in the Web3 venturing space with new funds.
Daily Deal Round Up: June 13, 2022
SR One co-led antibody therapy developer Ancora Biotech’s $60m series A round while Al-Dhow Engineering helped coffee chain Flash Coffee secure $32.8m.
Jackson joins RBVC from Bose
Adam Jackson has joined Robert Bosch Venture Capital from Bose, heading up the unit’s newly formed Boston office.
Porsche plans to launch six startups
The carmaker is adding to its open innovation activities by providing an eight-figure sum to develop strategically relevant startups with venture builder UP.Labs.
Daily Deal Round Up: June 10, 2022
American Family helped digital auto insurance portal Branch secure $147m while Anthem, Optum and CVS Health all contributed to a $140m round for home care platform developer CareBridge.
Rockett takes off from Kaiser Permanente
Liz Rockett has departed from the healthcare group’s Kaiser Permanente Ventures unit, following in the footsteps of former senior team members Amy Belt Raimundo and Sam Brasch.
Daily Deal Round Up: June 9, 2022
GV participated in tech apprenticeship platform Multiverse’s $220m series D round while Amgen, UCB, UPMC and Takeda helped genetics disease drug developer Code Biotherapeutics raise $75m.
Severstal to terminate its corporate venturing unit
The Russia-based steelmaker’s Severstal Ventures unit is shutting down amid geopolitical crisis-induced sanctions.
Purpose-driven startups fail less and raise more
It pays to invest in these companies. Research shows they are less likely to fail and will attract two to three times more investment.
Kapoor swaps Sistema for Anicut
Investment firm Anicut has hired Dhruv Kapoor to lead its Anicut Opportunities Fund I vehicle following more than five years at Russia-based Sistema’s Asia Capital unit.
Daily Deal Round Up: June 8, 2022
SoftBank Latin America Fund is among the investors in payment technology provider Kushki’s $186m series B round while Maruho co-led inflammatory disease drug developer Upstream’s $200m series A.