Battery recycler Ascend Elements and Geely spinoff Farizon each raised $300m while Saudi Aramco launched a $1.5bn Sustainability Fund.
Category: Region
Haney takes venture role at AltaML
The technology mogul has reported his new position after serving two years at the fast-growing technology corporation ApplyBoard
Talent agency UTA eyes up creator economy investments
The talent agency, which represents everyone from Arnold Schwarzenegger to the D’Amelio sisters, is investing in the creator economy together with Investcorp.
Daily Deal Round Up: October 26, 2022
Wells Fargo, Greystar, Invitation Homes and Prosus were part of Blit Rewards’ $150m round while Mouro Capital co-led Vesttoo’s $80m series C.
CVC investments face increased antitrust scrutiny
US regulators are making a point of going after corporations that invest in companies where there is a perceived competitive overlap.
Daily Deal Round Up: October 25, 2022
Gradient Ventures participated in a $40m series A round for The Coterie’s while Legal & General led MoneyHub’s $39.5m series B.
Gaming fund launches in South Korea
GXC, the South Korean gaming technology developer, has created a corporate fund to invest in video game-related companies.
Daily Deal Round Up: October 24, 2022
A range of corporates contributed to electric carmaker Aion’s $2.5bn series A round while Prosus took part in a $46m series E for farming services provider DeHaat.
Angelini unveils $293m healthcare venture fund
The European industrial group has formed a unit which will invest in early-stage life sciences and biotech developers through a team headed by Paolo Di Giorgio.
Valetec Capital bullish on Brazilian market
The country’s biggest CVC-as-a-service firm says it is an optimal time to invest in startups as corporate interest in innovation soars.
Daily Deal Round Up: October 21, 2022
AbbVie is acquiring Amgen-backed DJS Antibodies for $255m while Legend Holdings took part in a $56.6m series C round for VectorBuilder.
The Big Deal: Cyberdontics bites on corporate cash
Cyberdontics’ series A round is that rarest of things – a VC investment by a dental company. Why has the sector been underserved, and could it be about to change?
LeBlanc joins Woven Capital
Nicole LeBlanc has left Danish venture firm 2150 and relocated to Japan to reprise the partner role at Toyota’s Woven Capital unit.
SoftBank shakes up its VC structure
The corporate is set to split its investment staff into two regional teams under Alex Clavel and Greg Moon, following some 150 job losses.