SoftBank Group International partner Saurabh Jalan has become the latest high-profile name to leave as the company looks to restructure its CVC activities.
Category: Region
Five steps to successful “intrapreneurship”: Lessons from scaling an internal startup
It is hard to build an agile, innovative startup inside a big corporation. But not impossible. Setting boundaries and defining your terms carefully will help minimise the risk of failure.
The Big Deal: Acrivon gives the IPO market a boost
The cancer drug developer popped after an upsized offering, allowing Alexandria Venture Investments to exit and showing the IPO market is still breathing in the US.
SE Ventures launches €500m climate and industrial tech fund
The CVC grows to €1bn in committed capital and becomes one of the largest venture capital units focused on electrification, digitisation and decarbonisation.
HSBC still bullish on Web3 despite recent turmoil
Catherine Zhou, who heads up HSBC’s venture capital activities, tells Global Venturing it is going long on blockchain and tokenisation tech despite recent turmoil in the Web3 market.
From consultancy to full CVC in three years — why Brazil’s Torq is moving fast
Torq Ventures — which has gone from consultancy to full CVC unit in 3 years — is a sign of how fast Brazilian corporate venture is growing.
MassMutual launches $100m Climate Tech Fund
MassMutual Ventures doubled down on its ESG plans with a fund that will back up to 20 startups, lifting its capital under management to the $1bn mark.
Simplyhealth launches fund to invest in disease management
The UK health insurer says it is a good time to launch a fund as the froth has come out of valuations and “sensible” money can go in.
FMC Ventures turns over a new leaf
The agricultural chemicals producer is widening its investment remit, looking at everything from fintech for farmers and soil health.
Evonik Venture Capital enters Japan
The German chemicals producer — already an investor in China and Singapore — wants early access to disruptive Japanese deeptech startups.
The Big Deal: What FTX’s flameout means for CVC
The $32bn crypto exchange declared bankruptcy today leaving SoftBank, Coinbase and Circle among its burned investors. How did this happen and where does it leave the sector?
Daily Deal Round Up: November 10, 2022
NCSoft invested $15m in Mysten Labs to take the latter’s series B round to $300m while Porsche backed Xanadu’s $100m series C.
Chinese venture capital deals fall — but not in energy
The value of VC deals in China tumbled 44% to $62.1bn by the end of October, but energy-related startups are still raising big rounds.
Daily Deal Round Up: November 9, 2022
Suzano and Yara participated in Agrolend’s $145m latest round while Xencor contributed to Zenas BioPharma’s $118m series B.