Alexandria Real Estate-backed Acrivon has filed to go public while H2 Green Steel increased its corporate-backed series B round to $255m.
Category: Region
Munich supercluster points way ahead for CVC industry
What does the road ahead look like for corporate venturing in Europe’s largest economy from the centre of the Dach regional supercluster, Munich? The concerns going into the GCV Connect meeting this week, hosted by reinsurer Munich Re at its headquarters, were of looming clouds. The International Monetary Fund has forecast the German economy will… Continue reading Munich supercluster points way ahead for CVC industry
Daily Deal Round Up: October 19, 2022
Chengtun Mining Group took part in Hithium’s $278m series B round while HubSpot Ventures contributed to Jasper’s $125m series A.
London and Munich both ripe to become Europe’s “New Palo Alto”
With a growing number of unicorns and strong research universities, Europe is in a position to create several innovation superclusters.
Daily Deal Round Up: October 18, 2022
Google was among the investors that helped lift Progcap’ series C round to $120m while Okta Ventures boosted Hycu’s $53m series B.
Lenson leaves SoftBank Investment Advisers
Catherine Lenson, the first female managing partner at Softbank, has left the corporate venture arm of the Japanese technology conglomerate.
Daily Deal Round Up: October 17, 2022
Tencent took part in a $400m round for Skydance Media while CrowdStrike helped Vanta hike its series B to $150m.
The Big Deal: Airwallex harnesses market volatility
The Australian startup has bucked an overall down market for payments companies because it has features ideal for financial volatility. This is why Tencent, ANZ and Salesforce are investing.
What the world could learn from China’s supercluster strategy
China has a policy of superclusters to drive growth and is increasingly incorporating corporate venture capital initiatives into these clusters.
Daily Deal Round Up: October 14, 2022
Rakuten-backed Base Food is set to list on TSE’s Growth Market in an IPO valuing it at $329m while Mitsui was part of a $400m round for Yellow Door Energy.
Want to try CVC-as-a-service? 7 things you need to know
More and more corporates are turning to external specialists to run their venturing units. Here’s what you need to know before you take this option.
Daily Deal Round Up: October 13, 2022
Thomas Reuters and Siemens participated in DataGrail’s $45m series C round while AyoConnect boosted its series B to $25m.
Daily Deal Round Up: 12th October, 2022
Consumer credit provider FinAccel secured $140m from investors including GMO Payment Gateway while Amgen helped brain disease drug developer Neumora raise $112m.
Saudi Arabia pumps billions into gaming and esports sectors
The Middle Eastern country aims to diversify its oil heavy economy through corporate venture investments.