Hella Ventures has moved its team to Michigan to be closer to the centre of the US automotive sector.
Category: Region
National Grid Partners unveils new leadership team
The UK utility’s CVC unit will be led by Stephen Smith, who is joined by GCV Powerlist member Pradeep Tagare, among others.
Perez leaves Deutsche Bank CVC
Deutsche Bank Venture Capital’s former CVC head, Gil Perez, will join law firm Freshfields in April as its California-based chief innovation officer.
Nio Capital raises $417m for China-focused fund
The VC firm co-founded by Chinese EV maker Nio will continue to invest in automotive and energy technology companies locally through its new fund.
Takeda Ventures loses global head
GCV Powerlist member Michael Martin will reprise his president and CEO roles at Plexium, after more than a decade at Takeda Pharmaceuticals.
UK corporates fail to invest in the startup ecosystem
UK corporates invest in the domestic innovation ecosystem less than US, French and German peers. The government is trying to change that.
Corporate-backed Giant Ventures raises $250m for funds
BMW was among the investors that backed the UK venture firm, which will be divided into a $100m seed fund and a $150m growth fund.
Future Energy Ventures’ climate fund reaches $120m close
The VC fund backed by E.ON has reached a $120m first close and promoted Patrick Elftmann to US managing partner.
Gradient Ventures hires Brackin and Srinivas
Serial entrepreneur Andrew Brackin and seasoned VC Siri Srinivas have joined Alphabet’s early-stage AI fund as partners.
CVC Unplugged: Athlete wellness should be focus of sports tech investment
Investor and former NFL player Kerry Carter joins the pod to talk about why his athletes-first investment philosophy is key to making money in sports tech.
Jallad joins Saudi Arabia’s Neom Investment Fund
After serving a year as head of European financial technology at RBC Capital Markets, Jallad will become the investment director at Neom Investment Fund.
The Big Deal: XGS continues wave of investment for geothermal startups
XGS is the third geothermal startup to raise cash this year, as the industry looks to overcome drilling costs and geography.
Sinar Mas Land’s CVC launches a biomedical fund
The Biomedical Fund will invest in Indonesian health tech and biotech startups.
Patel promoted to director of strategic investments at Citi
Mital Patel, formerly vice president of strategic and fintech investments at Citi, has taken up a director of strategic investments role.