Janke Dittmer (pictured), one of the first employees of Netherlands-based healthcare company Royal Philips Electronics’ corporate venturing incubator, has joined local private equity firm Gilde as a partner. The move follows Philips providing the cornerstone commitment to the planned €200m ($250m) Gilde Healthcare Partners fund in August last year. As one of the fund’s anchor… Continue reading Dittmer joins Gilde’s team
Category: People
T2 is back for its series D round
US-based medical diagnostics company T2 Biosystems has closed a $23m series D round of financing led by US-based investment firm Aisling Capital. Also participating in the consortium was Physic Ventures, a corporate venturing fund backed by, among others, consumer goods conglomerate Unilever, food and beverages multinational Pepsi and health insurance company Humana. Physic had previously… Continue reading T2 is back for its series D round
Intel’s internet web buys and sells
The corporate venturing unit of the US-based chip manufacturer lands a Taiwan telecommunications exit, while a US-based portfolio company buys an India-based entertainment company.
Kaiser Permanente expands fund to $170m
The fund expansion comes as the company’s corporate venturing unit has also recruited two executives, Sam Brasch and Yan Pu.
Sam Brasch joins Kaiser Permanente
The executive joins the US healthcare company’s corporate venturing unit from Frazier Healthcare Ventures.
Gaule’s Question Time: AkzoNobel
As part of a series of interviews with leading innovation and venture developers, Andrew Gaule, founder of the Corven Corporate Venturing Network, talks to Harmen Kielstra, open innovation leader at AkzoNobel Decorative Paints.
Chakravarthy joins Capital18
Chakravarthy had been looking at investments in technology and telecoms at Bharti, including its corporate venturing unit Airtel Innovation Fund, which had been closed last year.
Yadav leaves Bharti
The departure follows press speculation the Airtel fund was being closed over the summer, as first reported by news provider Pluggd.in, which described it as “heartbreaking news for mobile (app) developers”.
Tri-O-Gen hires Groen
Groen was previously managing director of sales and marketing in the Netherlands at utility company Nuon.
Novusmodus expands team
ESB Novusmodus, the corporate venturing group of Ireland-based utility ESB, has shaken up its investment team, including the appointment of Bertrand Gautier (pictured) as a partner and departure of Michael Foley.
Mita transfer from Docomo Capital
Yasuhiro Mita had spent four years as managing director of Docomo Capital and has transferred to being a manager at NTT Docomo, the group’s mobile phone operator.
CyberAgent Ventures opens in Taiwan
Cyberagent has invested in 18 companies in China and Taiwan. It also has offices in Beijing, Shanghai and Shenzhen.
Webmedia sells its stake in ZeroTurnaround
US-based venture capital firm Bain Capital Ventures has bought out the stake in Estonia-based Java software developer ZeroTurnaround held by Estonia-based software development company Webmedia Group, as well as holdings held by minority shareholders. Terms were undisclosed. Founded in 2007 as a spin-off from a Webmedia development team, ZeroTurnaround became an independent company in 2009.… Continue reading Webmedia sells its stake in ZeroTurnaround
Weiskam sets up SAP Ventures in UK
Andreas Weiskam, a managing director at SAP Ventures’ California office, has moved to the UK for at least a temporary basis to provide better balance in personnel between Europe and the US and that London was the “natural choice to be based”, he said.