After three years working for the Saudi IT services and consultancy company, Khalid Al-Nasser has been made senior principal of CVC.
Category: Sectors
Pangaea Ventures on the hunt for Asian deeptech with new $85m fund
The Canadian venture firm is opening an office in Asia as Asian corporations flock to invest in its fifth fund and largest fund.
Japanese ketchup maker Kagome launches $50m CVC fund
Formed in association with US venture firm SVG Ventures, the Sunrise Fund will back early-stage agritech startups.
Berger joins Saudi city project Neom as biotech investment director
Berger will lead the biotech investment for the Saudi city project, contributing to the Kingdom’s goal of becoming a global biotech hub.
Brooks leaves mining company Anglo American’s CVC
Dawn Brooks has joined consultancy Wood Mackenzie after spending three years at Anglo American’s CVC, Decarbonisation Ventures.
Warehousing firm TGW Logistics relaunches CVC
After initially launching as Neil&Buzz in April, TGW Logistics has relaunched its CVC arm as TGW Logistics Ventures and will soon start investing.
Gen AI is hitting limits but these new chipmakers can help
Corporate investors are backing chip startups with solutions for the generative AI’s memory wall, interconnect and edge problems.
Indonesian firm Telkom’s CVC pauses new investments
Telkom’s CVC hasn’t made any new investments amid weak portfolio performance.
Verizon Ventures halts investments
Verizon’s corporate venture arm has stopped making investments and its lead executives have left the company, GCV understands.
TechEnergy Ventures is on the hunt for hard assets
With a focus on hardware, the unit sees huge opportunity to help its parent company develop cleantech assets.
Touchdown Ventures merges with wealth manager Cerity Partners
The new merged company will be known as Cerity Partners Ventures.
Ex-BHP Ventures head Buzzo to lead parent firm’s strategy team
Michael Buzzo has taken a portfolio strategy role at the Australian mining group.
Why CVCs are outshining traditional VCs
Corporate-led funding rounds account for larger and larger shares of total venture investment. The trend is here to stay as CVC offers startups more than just money.
Salesforce Ventures doubles AI commitment to $1bn with new fund
The CVC unit has formed a second $500m fund, having invested in two dozen artificial intelligence startups, including Anthropic, Mistral and Cohere, in the past 18 months.